For Sale Multi-Family MLS# 7003581

1317 W MONROE Street

Phoenix, AZ 85007

$850,000

Take the tour

About 1317 W MONROE Street

Fantastic investment opportunity in a gorgeous historic neighborhood near the Arizona State Capitol in the heart of Central Phoenix. This well-maintained fourplex features 4 beautifully remodeled efficiency units, consistently in demand with both short- and long-term tenants. Each fully furnished unit offers a private kitchenette w/ stainless steel gas range, refrigerator, & microwave, along with a well-appointed bathroom w/ shower. Windows in the property were replaced approximately 4 years ago. Property includes an inviting front porch and a detached one-car garage with water plumbing, offering potential for conversion into a fifth rental unit. Ideally situated on a peaceful, tree-lined street close to dining, shopping, sports venues, and entertainment. Buyer to verify all information.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1926
Original price
$875,000
MLS #
7003581

Interior

Features
Ceiling Fan(s), Evaporative Cooling, Window/Wall Unit, Natural Gas, Wood
Flooring
Wood
Heating
Natural Gas
Cooling
Ceiling Fan(s), Evaporative Cooling, Window/Wall Unit

Exterior & lot

Features
Sidewalk(s), Detached Garage, On Street, Parking spaces: 2
Construction
Brick Veneer, Painted, Block, Brick, Composition
Roof
Composition
Lot
R5, 11203076
Parking
Detached Garage, On Street

Schools

District
Phoenix Elementary District
Elementary
Paul Dunbar Lawrence School
Middle
Paul Dunbar Lawrence School
High
Central High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,438
Tax year
2025
Parcel
11203076

Location

Subdivision
WOODLAND PLACE
County
Maricopa
Neighborhood
Governmental Mall
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District
Directions
South on 15th Ave, east on Monroe, property will be on the south side of the street. Parking along the street.

Location

Neighborhood
Governmental Mall
Subdivision
WOODLAND PLACE
School district
Phoenix Elementary District

Ask about this property

Questions on 1317 W MONROE Street, Phoenix, AZ 85007, or want to see it in person?

Listed by Max Shadle, Redfin Corporation

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.