1502 W Monroe St Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated payment $3,715/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,818
Year Built
- Built in 1911
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Parking
- 5 Car Garage
- 3 Open Parking Spaces
- On-Street Parking
Schools
- Kenilworth Elementary School
- Central High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 30 / 1
- Assessor Parcel Number 112-02-024
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 8400
- Capitol Addition Blocks 3 6 12 14 Tract A Subdivision
Building Details
- Operating Expense $1,818
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 | $1,818 | $12,799 | ||
| 2024 | $1,695 | $12,190 | ||
| 2023 | $1,695 | $19,860 | $3,972 | $15,888 |
| 2022 | $1,649 | $16,029 | $3,206 | $12,823 |
| 2021 | $1,636 | $15,023 | $3,001 | $12,022 |
| 2020 | $1,627 | $15,046 | $3,007 | $12,039 |
| 2019 | $1,624 | $14,993 | $2,995 | $11,998 |
| 2018 | $1,051 | $11,237 | $2,246 | $8,991 |
| 2017 | $1,026 | $10,471 | $2,094 | $8,377 |
| 2016 | $1,014 | $8,588 | $1,714 | $6,874 |
| 2015 | $938 | $8,775 | $1,755 | $7,020 |
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 |
|---|---|---|---|---|---|
| 09/15/2026 09/15/26 | Price Changed | $631,000 | -1.1% | -- | |
| 08/18/2026 08/18/26 | Price Changed | $638,000 | -1.1% | -- | |
| 07/31/2026 07/31/26 | Price Changed | $645,000 | -0.8% | -- | |
| 02/26/2026 02/26/26 | For Sale | $650,000 | +79.6% | -- | |
| 07/15/2022 07/15/22 | Sold | $362,000 | -15.7% | $164 / Sq Ft | View Prior Sale |
| 06/14/2022 06/14/22 | For Sale | $429,500 | 0.0% | $194 / Sq Ft | |
| 06/14/2022 06/14/22 | Price Changed | $429,500 | -2.3% | $194 / Sq Ft | |
| 06/11/2022 06/11/22 | Price Changed | $439,500 | 0.0% | $199 / Sq Ft | |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- | |
| 06/09/2022 06/09/22 | Pending | -- | -- | -- | |
| 06/07/2022 06/07/22 | Price Changed | $439,500 | -6.4% | $199 / Sq Ft | |
| 05/27/2022 05/27/22 | For Sale | $469,500 | -- | $212 / 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 | $362,000 | New Title Company Name | |
| Warranty Deed | -- | New Title Company Name | |
| Warranty Deed | $350,440 | New Title Company Name | |
| Contract Of Sale | $250,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Warranty Deed | -- | Fidelity National Title | |
| Contract Of Sale | $10,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,000 | New Conventional | |
| Closed | $450,000 | New Conventional | |
| Previous Owner | $310,000 | New Conventional | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $85,200 | Credit Line Revolving | |
| Previous Owner | $120,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6990515
APN: 112-02-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 1514 W Monroe St
- 1317 W Monroe St
- 37XXX N 15th Ave Unit 1
- 347 N 16th Ave
- 1522 W Polk St
- 1513 W Taylor St Unit A and B
- 420 N 15th Ave
- 1211 W Polk St
- 215 N 12th Ave
- 1333 W Taylor St
- 1522 W Taylor St
- 1306 W Polk St
- 138 N 11th Ave
- 325 N 17th Dr
- 1509 W Fillmore St Unit 22
- 1514 W Fillmore St
- 1830 W Fillmore St Unit 3
- 415 N 17th Dr
- 1330 W Fillmore St
- 1805 W Van Buren St
- 1524 W Monroe St
- 1342 W Monroe St
- 1342 W Monroe St Unit C (East side)
- 1338 W Monroe St Unit West Side Unit
- 1338 W Monroe St Unit 1338 W Monroe West s
- 1325 W Woodland Ave
- 1350 W Van Buren St
- 1522 W Polk St Unit 1
- 1513 W Taylor St Unit A
- 317 N 17th Dr Unit 5
- 325 N 17th Dr Unit B
- 1309 W Taylor St Unit 3
- 505 N 16th Ave
- 326 N 17th Dr Unit 1
- 326 N 17th Dr Unit 2
- 326 N 17th Dr Unit 3
- 139 N 11th Ave Unit B
- 139 N 11th Ave Unit A
- 1537 W Pierce St Unit 2
- 1145-1147 W Fillmore St Unit 1147 W FILLMORE ST
Ask me questions while you tour the home.