1317 W Monroe St

Phoenix, AZ 85007

$865,000
Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.
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a kitchen with a refrigerator and a stove top oven
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a living room with furniture and a couch
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a en suite bathroom with a sink and a mirror
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Description

Fantastic investment opportunity in a gorgeous historic neighborhood near the Arizona State Capitol in the heart of Central Phoenix. This well-maintained fourplex features 4 beautifully remodeled efficiency units, consistently in demand with both short- and long-term tenants. Each fully furnished unit offers a private kitchenette w/ stainless steel gas range, refrigerator, & microwave, along with a well-appointed bathroom w/ shower. Windows in the property were replaced approximately 4 years ago....Fantastic investment opportunity in a gorgeous historic neighborhood near the Arizona State Capitol in the heart of Central Phoenix. This well-maintained fourplex features 4 beautifully remodeled efficiency units, consistently in demand with both short- and long-term tenants. Each fully furnished unit offers a private kitchenette w/ stainless steel gas range, refrigerator, & microwave, along with a well-appointed bathroom w/ shower. Windows in the property were replaced approximately 4 years ago. Property includes an inviting front porch and a detached one-car garage with water plumbing, offering potential for conversion into a fifth rental unit. Ideally situated on a peaceful, tree-lined street close to dining, shopping, sports venues, and entertainment. Buyer to verify all information.
  1. Listed by Max Shadle • Brokerage DRE #CO635107001 • Redfin Corporation
    P: (480)-201-2383 C: (480)-201-2383 max.shadle@redfin.com

Property Details for 1317 West Monroe Street

Subdivision Name
WOODLAND PLACE
View YN
No
Zoning
R5
LISTING UPDATED: 05/14/2026 05:02 PM

Property Details for 1317 West Monroe Street

StatusActive
MLS #7003581
Days on Market58
Taxes$1,438 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1926
Lot Size0.14 AC / 6,250 SF
CountyMaricopa County
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Location

Listing Courtesy of Redfin Corporation
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Building Information for 1317 West Monroe Street

Stories-Residences4Year Built1926Building Size-Lot Size0.14 AC / 6,250 SF

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$4,430 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,310

Property Taxes

$120

HOA Dues

$0

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Property Information for 1317 West Monroe Street

Summary
Location and General Information
  • Unparsed Address: 1317 W MONROE Street, Phoenix, AZ 85007
  • City: Phoenix
  • Coordinates: -112.090131, 33.449892
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Van Buren and 15th Ave
  • Directions: South on 15th Ave, east on Monroe, property will be on the south side of the street. Parking along the street.
  • Latitude: 33.449892
  • Longitude: -112.090131
  • Postal City: Phoenix
  • Postal Code: 85007
  • Postal Code Plus4: 2736
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,926
Taxes and HOA
  • Tax Annual Amount: $1,438.00
  • Tax Book Number: 112.00
  • Tax Legal Description: WOODLAND PL
  • Tax Lot: 5
  • Tax Year: 2,025
Parking
  • Covered Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 1
  • Open Parking YN: Yes
  • Parking Features: Detached Garage, See Remarks, On Street
  • Parking Total: 2
School Information
  • Elementary School: Paul Dunbar Lawrence School
  • Elementary School District: Phoenix Elementary District
  • High School: Central High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Paul Dunbar Lawrence School
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Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 50'x125'
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Change Timestamp: 03-25-2026 06:39:14 PM
  • Documents Count: 4
  • Ownership: Fee Simple
  • Parcel Number: 11203076
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 7
  • Public Survey Township: 1N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS, Individual Meter
  • Electric Expense: $5,000.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $1,250.00
  • Water Sewer Expense: $1,250.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Brick Veneer, Painted, Block, Brick
  • Exterior Features: Sidewalk(s)
  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Patio And Porch Features: Sidewalk(s)
  • Roof: Composition
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Ceiling Fan(s), Evaporative Cooling, See Remarks, Window/Wall Unit
  • Cooling YN: Yes
  • Flooring: Wood
  • Heating: Natural Gas
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $1,000.00
  • Gardner Expense: $600.00
  • Gross Income: $108,000.00
  • Gross Scheduled Income: $120,000.00
  • Insurance Expense: $3,600.00
  • Net Operating Income: $114,000.00
  • Operating Expense: $14,338.00

Property History for 1317 West Monroe Street

DateEvent & SourcePriceAppreciation
May 6, 2026

Price Change

ARMLS #7003581

$865,000—
Mar 25, 2026

Listed (Active)

ARMLS #7003581

$875,000—
May 19, 2022

Sold

PAAOR #1043431

$650,000—
DateEvent & SourcePrice
05/06/2026

Price Change

ARMLS #7003581

$865,000
03/25/2026

Listed (Active)

ARMLS #7003581

$875,000
05/19/2022

Sold

PAAOR #1043431

$650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1317 West Monroe Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,438 ($120 / month)
Home Facts
Total Finished SqFt486 SqFtAbove Grade Finished SqFt486 SqFtStories1Lot Size6,250 SqFtStyleDuplexYear Built1940ZoningR-5CountyMARICOPAAPN112-03-076

Schools near 1317 West Monroe Street

This home is within Phoenix Elementary District.
Rating
School
Type
Grades
Distance
Magnet Traditional School
Public - PK to 8
Paul Dunbar Lawrence School
Public - PK to 8
Central High School
Public - 9 to 12
Phoenix Coding Academy
Public - 9 to 12
Rating
School
Distance
Magnet Traditional School
PublicPK to 8

Paul Dunbar Lawrence School
PublicPK to 8

Central High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1317 West Monroe Street, Phoenix, AZ 85007

1317 West Monroe Street is a multi-family home for sale in Phoenix, AZ 85007. This property was listed for sale on March 25, 2026 by Redfin Corporation, it's currently listed at $865,000. It has been on the market for a total of 58 days and was last sold on May 19, 2022. This listing's school districts are Phoenix Elementary District, Phoenix Union High School District. Nearby schools include Magnet Traditional School, Paul Dunbar Lawrence School and Central High School. 1317 West Monroe Street is a 0-bed, 0-bath, multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.