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
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
What's special
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#: 6773547

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