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.
For sale
Price cut: $15K (5/26)
$850,000
1317 W MONROE Street, Phoenix, AZ 85007
4beds
4baths
2,000sqft
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$425/sqft
$-- HOA
What's special
Fully furnished unitPeaceful tree-lined streetInviting front porch
- 102 days |
- 253 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Max Shadle 480-201-2383,
Redfin Corporation,
Kristal Rosciano 480-560-2998,
Redfin Corporation
Source: ARMLS,MLS#: 7003581
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Natural Gas
Cooling
- Ceiling Fan(s), Evaporative Cooling, See Remarks, Wall/Window Unit(s)
Appliances
- Included: Built-In Range, Refrigerator, See Remarks, Microwave, Washer/Dryer
Features
- Flooring: Wood
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, See Remarks, On Street
- Has garage: Yes
- Covered spaces: 1
- Uncovered spaces: 1
Features
- Exterior features: Sidewalk(s)
Lot
- Size: 6,250 Square Feet
- Dimensions: 50' x 125'
Details
- Parcel number: 11203076
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Painted, Block, Brick
- Roof: Composition
Condition
- Year built: 1926
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: WOODLAND PLACE
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $526,800
- Annual tax amount: $1,438
- Date on market: 3/25/2026
- Cumulative days on market: 102 days
- Listing terms: Conventional,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $850,000-1.7%$425/sqft |
Source:  ARMLS #7003581 Report a problem | ||
| 5/6/2026 | Price change | $865,000-1.1%$433/sqft |
Source: ARMLS #7003581 Report a problem | ||
| 3/25/2026 | Listed for sale | $875,000+34.6%$438/sqft |
Source: ARMLS #7003581 Report a problem | ||
| 5/19/2022 | Sold | $650,000-10.3%$325/sqft |
Source:  MLS of Southern Arizona #22128730 Report a problem | ||
| 3/11/2022 | Pending sale | $725,000$363/sqft |
Source: MLS of Southern Arizona #22128730 Report a problem | ||
| 2/5/2022 | Price change | $725,000-3.3%$363/sqft |
Source: MLS of Southern Arizona #22128730 Report a problem | ||
| 11/7/2021 | Listed for sale | $750,000+165.5%$375/sqft |
Source: MLS of Southern Arizona #22128730 Report a problem | ||
| 5/24/2006 | Sold | $282,500+101.8%$141/sqft |
Source: ARMLS #2486168 Report a problem | ||
| 3/29/2002 | Sold | $140,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,438 +6.2% | $52,680 -9.5% |
| 2024 | $1,354 +1% | $58,210 +533.8% |
| 2023 | $1,341 +3.7% | $9,184 -74.4% |
| 2022 | $1,293 -0.4% | $35,920 +7.3% |
| 2021 | $1,298 +0.2% | $33,480 +11% |
| 2020 | $1,296 +1.7% | $30,160 +13.6% |
| 2019 | $1,274 | $26,550 +33.4% |
| 2018 | $1,274 +2.4% | $19,900 +13.9% |
| 2017 | $1,244 +11.3% | $17,470 +26.1% |
| 2016 | $1,119 +10.9% | $13,850 +86.9% |
| 2015 | $1,009 | $7,410 +25.2% |
| 2014 | -- | $5,920 -8.9% |
| 2013 | -- | $6,500 +2.4% |
| 2012 | -- | $6,350 -43% |
| 2010 | -- | $11,150 -46.4% |
| 2009 | -- | $20,810 +13% |
| 2008 | -- | $18,410 +41.1% |
| 2007 | -- | $13,050 -10.9% |
| 2006 | -- | $14,650 +193% |
| 2004 | -- | $5,000 |
| 2003 | -- | $5,000 +1% |
| 2002 | -- | $4,950 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 7/10Paul Dunbar Lawrence SchoolGrades: PK-8Distance: 0.8 mi
- 3/10Central High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Paul Dunbar Lawrence School
- Middle: Paul Dunbar Lawrence School
- High: Central High School
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85007
- Central City
- 1317 W MONROE Street
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Nearby neighborhoods
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