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1506 E Monroe St, Phoenix, AZ 85034
1506 E Monroe St, Phoenix, AZ 85034
Sold for $399,500
1506 E Monroe St, Phoenix, AZ 85034
Sold for $399,500
1506 E Monroe St, Phoenix, AZ 85034
1506 E Monroe St, Phoenix, AZ 85034
1506 E Monroe St, Phoenix, AZ 85034
1506 E Monroe St, Phoenix, AZ 85034

1506 E Monroe St Phoenix, AZ 85034

$399,500

CLOSED
Beds
3
Baths
2
Sqft
1,221
Acres
0.16
Year
1941
Close Date
Mar 19, 2025
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$327
Date Listed
Oct 30, 2024

Description of 1506 E Monroe St, Phoenix, AZ 85034

Listing details for 1506 E Monroe St, Phoenix, AZ 85034 : 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!
Listing Updated : 10-23-2026 at 3:30 PM MST
Listing Provided By : Preston Dean Richardson, 928-862-4035, Realty ONE Group Mountain Desert

Properties displayed may be listed or sold by various participants in the MLS

Source :

ARMLS, MLS#: 6777514

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$336K – $456K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$336K – $456K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
3/19/2025
Sold
$399,500 -9.2%
$327/sqft
Source:ARMLS #6777514
10/30/2024
Listed for sale
$440,000 +141.1%
$360/sqft
Source:ARMLS #6777514
9/17/2020
Sold
$182,500 -27%
$149/sqft
Source:ARMLS #6112831
8/2/2020
Listed for sale
$250,000
$205/sqft
Source:ARMLS #6112831

Location of 1506 E Monroe St, Phoenix, AZ 85034

Streetview of 1506 E Monroe St, Phoenix, AZ 85034

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$336K – $456K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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