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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
28
Photos
1506 E MONROE Street, Phoenix, AZ 85034
$440,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,221
sqft
Built in
1941
Nestled in the heart of downtown Phoenix, this updated 3-bedroom, 2-bathroom home offers a blend of charm and opportunity. With sought-after R-5 zoning, the property is primed for multi-family development, making it an ideal investment or house hacking opportunity—live in one part while renting out the rest to offset your mortgage. Recent updates include wide plank flooring, kitchen and bathroom remodels, and a roof refresh in 2020 and 2024. Large windows fill the home with natural light. The spacious backyard features a 10x10 concrete pad and endless possibilities for your vision. Close to top dining spots and entertainment venues, this home is move-in ready or ready for your next development project. Don't miss out on this fantastic opportunity in a rapidly growing area!
Features & Amenities
Interior
- General:
- No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
- Flooring:
- Vinyl, Tile, Wood
- A/C:
- Refrigeration
- Heating:
- Natural Gas
- Fireplace:
- None
Exterior
- General:
- Other, Covered Patio(s)
- Pool:
- None
Construction
- Roofing:
- Composition
- Windows:
- Dual Pane
- General:
- Painted, Stucco, Adobe
Location
- HOA Amenities:
- No Fees
- Originating MLS:
- Arizona Regional Multiple Listing Service 2
- School District:
- Wilson Elementary District
- County:
- Maricopa
Lot
- Zoning:
- 11646015
- Fencing:
- Block, Wrought Iron
Utilities
- Water:
- City Water
- Sewer:
- Public Sewer
Financial
- Source:
- Arizona Regional Multiple Listing Service 2
This listing courtesy of:
Realty ONE Group Mountain Desert, Preston Dean Richardson
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Phoenix, AZ
Housing
- Number of Units
- 596,932
- Median Home Value
- $290,395
- Median Rent
- $952
46.44% of housing units are renter occupied.
7.47% are vacant.
Commute
- Car
-
66.98%
- Public Transportation
-
2.21%
- Walk to Work
-
1.46%
- Work from Home
-
27.70%
- Other
-
1.05%
The median travel time to work is 21 minutes.
People
- Population
- 1,489,498
- Median Age
- 35.00
- Median Household Size
- 2.88
Education
- High School
-
22.87%
- Associate’s Degree
-
7.80%
- Bachelor’s Degree
-
18.93%
- Graduate Degree
-
10.95%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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