$599,999
Bedrooms
3
Baths
Sq. Feet
2198
Year Built
1914
Days On Market
16
$/SqFt
$273
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Home Description: 1318 W Monroe St
Amazing opportunity for an investor. 3 dwellings, 2 of which have month to month leases and one with a lease terming soon. The unit shown is the mirror to the other half of the duplex. The third unit is on the back of the property. Easy to rent, awesome historic downtown Phoenix location. Reach out for details on how you can make this wise investment happen for you. Unit 1 has a lease that expires June 30th of 2025. The other two are month to month. (Additional Listing Info) *Monthly Rental income: Listed as $3950, or $4050, depending on what you consider to be the unit 3 rent based on this passage of the lease. *Construction: the building is mostly stucco over brick. The only exterior frame is on the upper half of the back wall, where a sleeping porch was enclosed at some point in history. *Floors - The units have a mix of historic hardwood and vinyl plank *Cooling: The front units do have a central AC & heat pump (which are less than three years old and under warranty). The back bedrooms also have window units as well, but the primary AC is central cooling.
Available now at $599,999
Neighborhood
The average asking price of a 3 bedroom Phoenix condo in this zip code is $617,500 (2.9% more than this home).
This condo is priced at $273/sqft, which is 28.8% less than similar condos in the 85007 zip code.
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1318 W Monroe St Phoenix AZ 85007
Similar to: 1318 W Monroe St
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Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (480) 613-9411 and speak with one of our real estate consultants.
Listing Courtesy of Jason Mitchell Real Estate. For information or to schedule a viewing of this property (MLS# 6773552) located at 1318 W Monroe St Phoenix AZ 85007, call: 480-613-9411
1318 W Monroe St, Phoenix AZ is a condo of 2198 sqft and is currently priced at $599,999 . This condo has 3 bedrooms. A comparable condo for sale at 820 N 8Th Ave # 14 in Phoenix is listed at $635,000. This condo on 1318 W Monroe St has not had a price change. In addition to condos, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Phoenix, AZ. Fq Story, Encanto Heights and Walker are nearby neighborhoods. MLS 6773552 has been posted on this site since 1/1/0001 (today).
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