1506 E MONROE Street, Phoenix AZ 85034

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$440,000

1506 E MONROE Street, Phoenix, AZ 85034

bedrooms

bathrooms

square feet

1,221

Acreage

0.16

Open Houses

year built

1941

Full Baths

Half Baths

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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
Subdivision	Collins Addition Phoenix Blocks 31-34 & 39-40
County	Maricopa
Elementary School	ASU Preparatory Academy - Polytechnic Elementary
Middle School	ASU Preparatory Academy - Phoenix Middle School
High School	ASU Preparatory Academy - Phoenix High School

Driving directions

Open houses

None scheduled.

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MLS number: 6777514

Listing agent: Preston Dean Richardson

Listing broker: Realty One Group Mountain Desert (928) 680-7350

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, January 24 2025 at 2:27 p.m. EST

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