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Sold for $507,750 on 12/27/24
  • $507,750

    1318 W Monroe St, Phoenix, AZ 85007

    4beds
    2baths
    2,214sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $495,800 Zestimate®
    $229/sqft
    $1,667 Estimated rent

    Owner options

    List your home for rent

    $1,667/mo

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    $1,667/mo

    Rent Zestimate®

    Refinance and save

    $2,825/mo

    Est. payment

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    $2,825/mo

    Est. payment

    What's special

    Amazing opportunity for an investor. 3 dwellings, 2 of which have month to month leases and one with a lease terming soon. The main house has two 2/1 units, the unit in back is a 1/1. The unit shown is the mirror to the other half of the duplex. The third unit is on the back of the property. Easy to rent, awesome historic downtown Phoenix location. Reach out for details on how you can make this wise investment happen for you. Unit 1 has a lease that expires June 30th of 2025. The other two are month to month. (Additional Listing Info) *Monthly Rental income: $4050

    Zillow last checked: 8 hours ago

    Listing updated: December 28, 2024 at 01:11am

    Listed by:

    Somone Wilder 602-696-7859,

    Jason Mitchell Real Estate

    Bought with:

    Non-MLS Agent

    Non-MLS Office

    Source: ARMLS,MLS#: 6773547MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Wall/Window Unit(s), Electric, Heat Pump, 2 or More Units
    Appliances
    • Included: Built-In Range, Free-Standing Range, Refrigerator, Washer/Dryer
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 2,214
    • Total interior livable area: 2,214 sqft

    Property

    Parking
    • Parking features: None, On Street
    Lot
    • Dimensions: 50 x 125 appro x imately
    Details
    • Parcel number: 11203066
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Stucco, Brick
    • Roof: Composition
    Condition
    • Year built: 1914

    Utilities & green energy

    • Electric: APS, Individual Meter
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: WOODLAND PLACE

    Other

    Other facts
    • Listing terms: Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
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    Estimated market value
    $495,800