1506 East MONROE Street Phoenix, AZ 85034

$440,000
3
Beds
2
Baths
0.15
Acres
1,221
SQFT
360
$/SQFT
$440,000
3
Beds
2
Baths
1,221   sf
$360 / sf
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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 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!

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!

Listed by:
Realty ONE Group Mountain Desert

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)

Property details

Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool

Style

  • One Story
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