Properties

Phoenix, AZ 85007 1502 W MONROE Street

1502 W MONROE Street Phoenix, AZ - Image 11502 W MONROE Street Phoenix, AZ - Image 21502 W MONROE Street Phoenix, AZ - Image 3
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Presented By: Compass; 480-776-1555
  • MLS# 6990515
  • 02/26/2026
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  • Garage • 1

Home Details

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.
Presented By: Compass; 480-776-1555

Interior Features for 1502 W MONROE Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringCarpet, Wood, Concrete
Heating Y/NYes

General for 1502 W MONROE Street

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityPhoenix
Community FeaturesSee Remarks
Construction MaterialsWood Frame, Painted, Stucco, Block
CoolingElectric, Heat Pump
CountyMaricopa
DirectionsS to Monroe/ Home on the corner
DisclosuresNone
ElectricCity Electric
Elementary SchoolKenilworth Elementary School
Elementary School DistrictPhoenix Elementary District
Garage Y/NYes
Gross Income0.0
HeatingElectric, Natural Gas
High SchoolCentral High School
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolKenilworth Elementary School
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total3
Occupancy TypeVacant
Open Parking Spaces3.0
Operating Expense1818.0
OwnerPaysSee Remarks
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofOther, Composition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A
Tax Annual Amount1818.0
Tax Lot30
Tax Year2025
Township1N
Year Built1911
ZoningR5

Exterior for 1502 W MONROE Street

Covered Spaces2.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions8400
Number of Buildings2
Parking FeaturesOther, On Street
Road Surface TypeConcrete
SpaNo
Total Parking5.0
Water SourceIndividual Meter, City Franchise

Additional Details

Price History

Schools

High School Central High School
Middle School Kenilworth Elementary School

Connect Realty

Price $650,000
MLS#6990515
List Date 02/26/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
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