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Melinda Muller
REALTOR®, CRS, CLHMS, CSP
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1502 W Monroe Street, Phoenix, AZ 85007

$650,000
  • 1502 W Monroe Street, Phoenix, AZ 85007 Main Photo

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Active
BEDS0 BATHS MLS#6990515
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A SCHOOLPhoenix Union High School District

Property Description

Multi-Family | Fully Remodeled | Active Airbnb in Downtowns 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.

1502 W Monroe Street | MLS# 6990515

This multi-family property located at 1502 W Monroe Street, Phoenix, AZ 85007 is currently listed for sale with an asking price of $650,000. W Monroe Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on mmuller.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump, Electric
Heating: Electric, Natural Gas
Roof Type: Composition, Other
Taxes: $1,818
Year Built: 1911

Feature Descriptions

Community Features: See Remarks
Days on Site: 106
Exterior: Block, Wood Frame, Painted, Stucco
Parking: Other, On Street
Water: City Franchise, Individual Meter

Local Schools

High School: Central High School
Middle School: Kenilworth Elementary School
Elementary School: Kenilworth Elementary School
School District: Phoenix Union High School District

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 480-776-1555

Shown By

Agent Name: Melinda Muller
Agent Phone: (480) 980-5213
Agency Title: Arizona Best Real Estate

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Estimated Payment

$ 1,787.70 per month $1,446.62 Principal & Interest $151.50 Property Tax $189.58 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 12:51:08 AM EST) or ARMLS (last updated Fri 06/12/2026 11:07:32 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


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