- 3 Beds
- 2 Baths
- 1,221 Sqft
- .16 Acres
1506 E Monroe Street
Nestled in the heart of downtown Phoenix, this updated 3-bedroom, 2-bathroom home offers a blend of charm and opportunity. With sought-after R-5 zoning, the property is primed for multi-family development, making it an ideal investment or house hacking opportunity—live in one part while renting out the rest to offset your mortgage. Recent updates include wide plank flooring, kitchen and bathroom remodels, and a roof refresh in 2020 and 2024. Large windows fill the home with natural light. The spacious backyard features a 10x10 concrete pad and endless possibilities for your vision. Close to top dining spots and entertainment venues, this home is move-in ready or ready for your next development project. Don't miss out on this fantastic opportunity in a rapidly growing area!
Essential Information
- MLS® #6777514
- Price$440,000
- Bedrooms3
- Bathrooms2.00
- Square Footage1,221
- Acres0.16
- Year Built1941
- TypeResidential
- Sub-TypeSingle Family - Detached
- StatusActive
Community Information
- Address1506 E Monroe Street
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85034
Subdivision
COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
Amenities
- UtilitiesAPS,SW Gas3
- Parking Spaces3
- PoolNone
Interior
- HeatingNatural Gas
- CoolingRefrigeration
- FireplacesNone
- # of Stories1
Interior Features
No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
Exterior
- Exterior FeaturesOther, Covered Patio(s)
- WindowsDual Pane
- RoofComposition
- ConstructionPainted, Stucco, Adobe
Lot Description
Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Frnt
School Information
District
Phoenix Union High School District
Elementary
ASU Preparatory Academy - Polytechnic Elementary
Middle
ASU Preparatory Academy - Phoenix Middle School
High
ASU Preparatory Academy - Phoenix High School
Listing Details
Office
Realty ONE Group Mountain Desert
Price Change History for 1506 E Monroe Street, Phoenix, AZ (MLS® #6777514)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Realty ONE Group Mountain Desert.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on January 9th, 2025 at 4:30am MST.