1502 W Monroe Street, Phoenix, AZ 85007

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1502 W Monroe Street,Phoenix, AZ 85007
$631,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: danny kallay, courtney hoover
Office: compass
MLS#:6990515
Source:ARMLS

Price summary

  • Price:$631,000

About this home

Multi-Family | Fully Remodeled | Active Airbnb in Downtown's Historic District. This beautifully renovated 1911 Craftsman offers a rare, income-producing setup with space, charm, and flexibility. The main residence features 8 bedrooms and 4.5 baths, plus a unique basement/bomb shelter ideal for storage, a wine cellar, or a creative flex space. Above the detached 2-car garage, a separate 2 bed / 1 bath apartment with a full kitchen provides an additional rental stream or private guest quarters. Positioned on a corner lot and currently operating as an active Airbnb, this property is minutes from major Downtown Phoenix attractions including The Van Buren, the Japanese Friendship Garden, and Chase Field.

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Home facts

  • Year built:1911
  • Subdivision & Development:CAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A
  • Listing ID #:6990515
  • Updated:September 25, 2026 at 03:16 PM

Rooms and interior

  • Flooring:Carpet, Concrete, Wood

Heating and cooling

  • Cooling:Electric, Heat Pump
  • Heating:Electric, Natural Gas

Structure and exterior

  • Year built:1911
  • Construction Materials:Block, Painted, Stucco

Schools

  • High school:Central High School
  • Middle school:Kenilworth Elementary School
  • Elementary school:Kenilworth Elementary School

Utilities

  • Water:City Franchise, Individual Meter

Finances and disclosures

  • Price:$631,000
  • Tax amount:$1,818 (2025)

Parking

  • Total parking spaces:5
  • Garage:Yes
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