1152 E Monroe Street #15, Phoenix, AZ 85034 - Photo 1

1/1

$1,600,000

Sold
Closed
Lots/Land
0.54 Acres
Updated 10 days ago

1/1

Property Description

Exceptional redevelopment opportunity in Downtown Phoenix, AZ. +/-23,500 SFT property, Zoned R-5, potential for higher density development under Walkable Urban Code and in an Opportunity Zone with potential for tax incentives. - Buyer and their experts to verify. The site is primed for transformation into multi-family housing, a modern light office space, or mixed-use development. Positioned near two key light rail stops at 12th Street and Washington, and 12th Street and Jefferson and convenient access to the I-10 and SR 51 freeways, the property ensures unparalleled accessibility. Located just 3/4 mile from the vibrant Stadium/Arena district, offering an abundance of dining, entertainment, and services.

Full Property Details

Full Property Details for 1152 E Monroe St #15

General

Sold For: $1,600,000
Taxes: $7,075 (2024)
Status: Closed
Type: Lots/Land
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6804118
Added to Site: 413 day(s) ago

Location

County: Maricopa
Township: 1N
Subdivision: PORTER BAXTER SUBDIVISION OF TRACT B MURPHYS ADDIT
Cross Streets: 12th St and Monroe

Utilities

Dist. to Gas: On Property
Dist. to Electric: On Property
Dist. to Sewer: On Property
Water: City Franchise
Dist. to Water: On Property
Dist. to Telecomm: On Property

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.54
Lot Size (Sq. Ft.): 23,547
Lot Dimensions: 235' x 104'
Frontage: Asphalt
Lot Features: Historic District
Development Status: Raw Land, Off Site Imp Complte, On Site Imp Cmplete
Trees/Vegetation: See Remarks
Zoning: R5
Fencing (Description): Chain Link

Financial Considerations

Tax Amount: $7,075.08
Tax Year: 2024
Terms: Cash, 1031 Exchange, Conventional

Disclosures and Reports

Special Conditions: Owner/Agent
Multiple Parcels: Yes
Legal Description: PORTER & BAXTER SUB PT LOTS 15 & 16 BLK 1 S 47' OF N 94' & S 47' OF LOTS 15 & 16
Property ID: 116-43-016
Range: 3E
Section: 9
Lot Number: 15

Listed by Realty ONE Group
Sold by Keller Williams Realty East Valley

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— 1152 E Monroe St #15 —

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Schools

Schools serving 1152 E Monroe St #15

School Districts:Phoenix Elementary District, Phoenix Union High School District

Name	Grades	Distance
Garfield School 811 North 13th Street, Phoenix, AZ 85006	PK-8	0.5 mi
North High School 1101 East Thomas Road, Phoenix, AZ 85014	9-12	2.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1152 E Monroe St #15

Date

Details

Price

Change

Source

12/19/2025

Sold

$1,600,000

-17.95%

MLS

9/02/2025

Price Reduced

$1,950,000

-7.14%

MLS

1/13/2025

Listed

$2,100,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1152 E Monroe Street #15, Phoenix, AZ 85034 (MLS# 6804118) is a Lots/Land property that was sold at $1,600,000 on December 19, 2025. Want to learn more about 1152 E Monroe Street #15? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

1152 E Monroe St #15 Phoenix, AZ 85034