1502 W Monroe St

Phoenix, AZ 85007

$650,000
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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Listed By CompassNew
Listed By CompassNew
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Description

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...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.

Listing Agents

  1. Danny Kallay

    Danny Kallay

    Listing Agent

    Compass

    danny.kallay@compass.com

    P: (480)-694-8571

    CallTextEmail
  2. Courtney Hoover

    Courtney Hoover

    Alternative Listing Agent

    Compass

    CallTextEmail

Property Details for 1502 West Monroe Street

Subdivision Name
CAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A
View YN
No
Zoning
R5
LISTING UPDATED: 02/26/2026 11:02 PM

Property Details for 1502 West Monroe Street

StatusActive
MLS #6990515
Days on Market1
Taxes$1,818 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1911
Lot Size0.19 AC / 8,400 SF
CountyMaricopa County
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Location

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Building Information for 1502 West Monroe Street

Stories-Residences3Year Built1911Building Size-Lot Size0.19 AC / 8,400 SF

Payment Calculator

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$3,319 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$152

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1502 West Monroe Street

Summary
Location and General Information
  • Unparsed Address: 1502 W MONROE Street, Phoenix, AZ 85007
  • City: Phoenix
  • Coordinates: -112.09164, 33.45057
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 15th Ave/Van Buren
  • Directions: S to Monroe/ Home on the corner
  • Latitude: 33.45057
  • Longitude: -112.09164
  • Postal City: Phoenix
  • Postal Code: 85007
  • Postal Code Plus4: 2610
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,911
Taxes and HOA
  • Tax Annual Amount: $1,818.00
  • Tax Block: 1
  • Tax Book Number: 112.00
  • Tax Legal Description: CAPITOL LOT 30 & E 20' OF LOT 29 BLK 1
  • Tax Lot: 30
  • Tax Year: 2,025
Parking
  • Covered Spaces: 2
  • Garage YN: No
  • Open Parking Spaces: 3
  • Open Parking YN: Yes
  • Parking Features: Other, On Street
  • Parking Total: 5
School Information
  • Elementary School: Kenilworth Elementary School
  • Elementary School District: Phoenix Elementary District
  • High School: Central High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Kenilworth Elementary School
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 8400
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 02-27-2026 05:32:36 AM
  • Documents Count: 1
  • Ownership: Fee Simple
  • Parcel Number: 11202024
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 7
  • Public Survey Township: 1N
  • Road Surface Type: Concrete
Utilities
  • Electric: City Electric
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: Individual Meter, City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: See Remarks
  • Construction Materials: Wood Frame, Painted, Stucco, Block
  • Number Of Buildings: 2
  • Number Of Units Total: 3
  • Roof: Other, Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Electric, Heat Pump
  • Cooling YN: Yes
  • Flooring: Carpet, Wood, Concrete
  • Heating: Electric, Natural Gas
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Net Operating Income: $.00
  • Operating Expense: $1,818.00

Property History for 1502 West Monroe Street

DateEvent & SourcePriceAppreciation
Feb 26, 2026

Listed (Active)

ARMLS #6990515

$650,000—
Jul 15, 2022

Sold

ARMLS #6409396

$362,000—
Jul 15, 2022

Sold

ARMLS #6407284

$362,000—
Jul 14, 2022

Sold (Public Record)

Public Record #1493730829

$362,000

+16.9% / yr

Jun 11, 2022

Pending

ARMLS #6407284

—
Jun 10, 2022

Pending

ARMLS #6409396

—
Jun 1, 2022

Listed (Active)

ARMLS #6409396

$469,500—
May 27, 2022

Listed (Active)

ARMLS #6407284

$469,500—
Apr 29, 2022

Sold (Public Record)

Public Record #1489119278

$350,440—
Apr 29, 2022

Sold (Public Record)

Public Record #1489119278

$350,440—
DateEvent & SourcePrice
02/26/2026

Listed (Active)

ARMLS #6990515

$650,000
07/15/2022

Sold

ARMLS #6409396

$362,000
07/15/2022

Sold

ARMLS #6407284

$362,000
07/14/2022

Sold (Public Record)

Public Record #1493730829

$362,000

+16.9% / yr

06/11/2022

Pending

ARMLS #6407284

—
06/10/2022

Pending

ARMLS #6409396

—
06/01/2022

Listed (Active)

ARMLS #6409396

$469,500
05/27/2022

Listed (Active)

ARMLS #6407284

$469,500
04/29/2022

Sold (Public Record)

Public Record #1489119278

$350,440
04/29/2022

Sold (Public Record)

Public Record #1489119278

$350,440

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

Public Records for 1502 West Monroe Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,818 ($152 / month)
Home Facts
Total Finished SqFt2,214 SqFtAbove Grade Finished SqFt2,214 SqFtStories2Lot Size8,400 SqFtStyleSingle Family ResidenceYear Built1911ZoningM-HCountyMARICOPAAPN112-02-024

Schools near 1502 West Monroe Street

This home is within Phoenix Elementary District.
Rating
School
Type
Grades
Distance
Mary Mcleod Bethune School
Public - PK to 8
Central High School
Public - 9 to 12
Phoenix Coding Academy
Public - 9 to 12
Phoenix #1 Iacademy
Public - K to 8
Rating
School
Distance
Mary Mcleod Bethune School
PublicPK to 8

Central High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

Phoenix #1 Iacademy
PublicK to 8

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 1502 West Monroe Street, Phoenix, AZ 85007

1502 West Monroe Street is a multi-family home for sale in Phoenix, AZ 85007. This property was listed for sale on February 26, 2026 by Compass, it's currently listed at $650,000. It has been on the market for a total of 1 days and was last sold on July 15, 2022. This listing's school districts are Phoenix Elementary District, Phoenix Union High School District. Nearby schools include Mary Mcleod Bethune School, Central High School and Phoenix Coding Academy. 1502 West Monroe Street is a 0-bed, 0-bath, multi-family home built in 1911.

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.

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.