1331 W Monroe St Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated payment $2,913/month
Highlights
- Ceramic Tile Flooring
- Zoned Heating and Cooling System
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Two cooling system units
About This Home
Fantastic investment opportunity near downtown Phoenix in the Woodland Place District. This duplex offers two 2-bed/1 bath units. Fully rented. Both units offer fully remodeled kitchens with custom cabinetry, quartz countertops, updated stainless appliances and under-cabinet lighting. In-unit stackable washer/dryer. Ceiling fans in all rooms. New fence installed 2026. Centrally located, a block from Government Mall and close to downtown's best restaurants, museums, entertainment & sporting venues, cafes & bars and shops, with easy access to major freeways. Off-street parking at the rear of the unit. No HOA
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $831
Year Built
- Built in 1926
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- On-Street Parking
- Off-Street Parking
Schools
- Capitol Elementary School
- Central High School
Utilities
- Two cooling system units
- Zoned Heating and Cooling System
- Air Source Heat Pump
- Separate Meters
- Master Meter
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Legal Lot and Block 8 / B
- Assessor Parcel Number 112-03-079
Community Details
Overview
- 2 Units
- Building Dimensions are Unknown
- Woodland Place Subdivision
Building Details
- Operating Expense $20,359
- Gross Income $32,384
- Net Operating Income $14,132
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $831 | $5,850 | -- | -- |
| 2024 | $775 | $5,571 | -- | -- |
| 2023 | $775 | $26,430 | $5,280 | $21,150 |
| 2022 | $747 | $21,570 | $4,310 | $17,260 |
| 2021 | $742 | $20,610 | $4,120 | $16,490 |
| 2020 | $750 | $18,400 | $3,680 | $14,720 |
| 2019 | $749 | $15,600 | $3,120 | $12,480 |
| 2018 | $736 | $11,560 | $2,310 | $9,250 |
| 2017 | $719 | $10,260 | $2,050 | $8,210 |
| 2016 | $698 | $8,070 | $1,610 | $6,460 |
| 2015 | $646 | $4,210 | $840 | $3,370 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2026 05/29/26 | For Sale | $525,000 | 0.0% | -- | |
| 05/23/2026 05/23/26 | Off Market | $1,350 | -- | -- | |
| 05/13/2026 05/13/26 | Price Changed | $1,350 | -5.3% | $2 / Sq Ft | |
| 05/07/2026 05/07/26 | For Rent | $1,425 | 0.0% | -- | |
| 05/05/2026 05/05/26 | Off Market | $1,425 | -- | -- | |
| 04/29/2026 04/29/26 | Price Changed | $1,425 | -4.7% | $2 / Sq Ft | |
| 04/23/2026 04/23/26 | For Rent | $1,495 | 0.0% | -- | |
| 02/17/2022 02/17/22 | Sold | $386,200 | +4.4% | $320 / Sq Ft | View Prior Sale |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- | |
| 01/10/2022 01/10/22 | For Sale | $369,999 | -- | $306 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $386,200 | Thomas Title & Escrow Llc | |
| Interfamily Deed Transfer | -- | First American Title | |
| Cash Sale Deed | $15,000 | First American Title | |
| Cash Sale Deed | $16,250 | Transamerica Title Ins Co |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7034766
APN: 112-03-079
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Ask me questions while you tour the home.