Homes for sale - 1506 E MONROE Street, Phoenix, AZ 85034

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Eric Ravenscroft, CRS

eric@theravenscroftgroup.com +1(805) 815-5695

$ 440,000

Est. payment | -/mo

3 Beds

2 Baths

1,221 SqFt

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$ 440,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,221 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,221 sqft

Price per Sqft $360

Subdivision Collins Addition Phoenix Blocks 31-34 & 39-40

MLS Listing ID 6777514

Bedrooms 3

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1941

Annual Tax Amount $2,082

Tax Year 2024

Lot Size 6,750 Sqft

Acres 0.16

Property Description

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 opportunityâ€”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!

Location

State AZ

County Maricopa

Community Collins Addition Phoenix Blocks 31-34 & 39-40

Direction Heading West on Van Buren turn South on 15th St. Continue South on 15th St to Monroe St., turn East on Monroe to house on the North side of road

Rooms

Den/Bedroom Plus 3

Separate Den/Office N

Interior

Interior Features No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters

Heating Natural Gas

Cooling Refrigeration

Flooring Vinyl, Tile, Wood

Fireplaces Number No Fireplace

Fireplaces Type None

Fireplace No

Window Features Dual Pane

SPA None

Laundry WshrDry HookUp Only

Exterior

Exterior Feature Other, Covered Patio(s)

Carport Spaces 1

Fence Block, Wrought Iron

Pool None

Amenities Available None

Waterfront No

Roof Type Composition

Private Pool No

Building

Lot Description Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Frnt

Story 1

Builder Name UNK

Sewer Public Sewer

Water City Water

Structure Type Other,Covered Patio(s)

Schools

Elementary Schools Asu Preparatory Academy - Polytechnic Elementary

Middle Schools Asu Preparatory Academy - Phoenix Middle School

High Schools Asu Preparatory Academy - Phoenix High School

School District Phoenix Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 116-46-015

Ownership Fee Simple

Acceptable Financing Conventional, FHA, VA Loan

Horse Property N

Listing Terms Conventional, FHA, VA Loan

Listed by Realty ONE Group Mountain Desert

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+1(805) 815-5695

eric@theravenscroftgroup.com

1506 E MONROE Street Phoenix, AZ 85034

Eric Ravenscroft, CRS

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

MORTGAGE CALCULATOR

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1506 E MONROE Street