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$650,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • Updated 1 hour ago
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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.

Full Property Details for 1502 W Monroe St

General

  • Price: $650,000
  • Taxes: $1,818 (2025)
  • Status: Active
  • Type: Triplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6990515
  • Updated: Today (2/27/2026)
  • Added to Site: Today

Interior

  • Appliances: See Remarks
  • Flooring: Carpet, Wood, Concrete

Parking

  • Parking Features: Other, On Street

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: CAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A
  • Cross Streets: 15th Ave/Van Buren

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Heat Pump
  • Heating Type: Electric, Natural Gas

Utilities

  • Water: Individual Meter, City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Painted, Stucco, Block
  • Roof: Other, Composition
  • Year Built: 1911

Lot Features

  • Lot Dimensions: 8400
  • Frontage: Concrete
  • Zoning: R5

Financial Considerations

  • Tax Amount: $1,818
  • Tax Year: 2025
  • Terms: Conventional
  • Owner Pays: See Remarks

Disclosures and Reports

  • Legal Description: CAPITOL LOT 30 & E 20' OF LOT 29 BLK 1
  • Property ID: 112-02-024
  • Range: 3E
  • Section: 7
  • Block: 1
  • Lot Number: 30

Listed by Compass

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Listing agents

— 1502 W Monroe St —

  • Compass

  • Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1502 W Monroe St

School Districts:Phoenix Union High School District, Phoenix Elementary District
NameGradesDistance
Mary Mcleod Bethune School
1310 South 15th Avenue, Phoenix, AZ 85007
PK-81.2 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-123.7 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 1502 W Monroe St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Listed
$650,000
79.56%
MLS
7/14/2022
Sold
$362,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1502 W Monroe St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,818
6%
$33,351
37%
2024
$1,712
1%
$24,400
—
2023
$1,695
3%
$24,342
23%
2022
$1,649
—
$19,861
24%
2022
$1,649
1%
$16,029
7%
2021
$1,636
1%
$15,023
—
2020
$1,627
—
$15,046
—
2019
$1,624
55%
$14,993
33%
2018
$1,051
2%
$11,237
7%
2017
$1,026
1%
$10,471
22%
2016
$1,014
8%
$8,588
-2%
2015
$938
2%
$8,775
38%
2014
$919
16%
$6,359
43%
2013
$792
—
$4,446
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Compass

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1502 W Monroe Street, Phoenix, AZ 85007 (MLS# 6990515) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1502 W Monroe Street is currently listed for $650,000 and was received on February 27, 2026. Want to learn more about 1502 W Monroe Street? Do you have questions about finding other Triplex real estate for sale in Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.

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