$440,000
Bedrooms
3
Baths
2
Sq. Feet
1221
Year Built
1941
Days On Market
6
$/SqFt
$360
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Home Description: 1506 E Monroe St
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!
Available now at $440,000
Neighborhood
The average asking price of a 3 bedroom Phoenix home in this zip code is $379,500 (13.8% less than this home).
This home is priced at $360/sqft, which is 17.4% less than similar homes in the 85034 zip code.
Map Map | Street Street | Birds Eye Birds Eye
1506 E Monroe St Phoenix AZ 85034
Similar to: 1506 E 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 Realty ONE Group Mountain Desert. For information or to schedule a viewing of this property (MLS# 6777514) located at 1506 E Monroe St Phoenix AZ 85034, call: 480-613-9411
1506 E Monroe St, Phoenix AZ is a single family home of 1221 sqft and is currently priced at $440,000 . This single family home has 3 bedrooms. A comparable home for sale at 2848 E Adams St in Phoenix is listed at $319,000. This home on 1506 E Monroe St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Phoenix, AZ. Renaissance Park, Artisan Parkview and El Molino are nearby neighborhoods. MLS 6777514 has been posted on this site since 1/1/0001 (today).
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