1502 W Monroe Street, Phoenix, AZ 85007

$650,000

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List Price
$650,000
Days on Market
151
Status
ACTIVE
MLS#
6990515
City
Phoenix
Subdivision
Capitol Addition Blocks 3-6 12-14 Tract A
Year Built
1911

Property Description

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.

Additional Information

Elementary School
Kenilworth Elementary School
High School
Central High School
Middle School
Kenilworth Elementary School
Community Features
See Remarks
Construction
Block, Wood Frame, Painted, Stucco
Cooling
Heat Pump, Electric
Electric
City Electric
Heating
Electric, Natural Gas
New Financing
Conventional, Cash
Parking Features
Other, On Street
Roofing
Composition, Other
Subdivision
Capitol Addition Blocks 3-6 12-14 Tract A
Taxes
$1,818
Tax Year
2025
Tenant Pays
See Remarks
Units
3
Water
City Franchise, Individual Meter
Zoning
R5

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass.

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