Amazing opportunity for an investor. 3 dwellings, 2 of which have month to month leases and one with a lease terming soon. The main house has two 2/1 units, the unit in back is a 1/1. The unit shown is the mirror to the other half of the duplex. The third unit is on the back of the property. Easy to rent, awesome historic downtown Phoenix location. Reach out for details on how you can make this wise investment happen for you. Unit 1 has a lease that expires June 30th of 2025. The other two are month to month.
(Additional Listing Info)
*Monthly Rental income: $4050
Sold for $507,750
Street View
$507,750
1318 W MONROE Street, Phoenix, AZ 85007
4beds
2baths
2,214sqft
Multi Family
Built in 1914
-- sqft lot
$499,500 Zestimate®
$229/sqft
$1,721 Estimated rent
Home value
$499,500
$455,000 - $549,000
$1,721/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Somone Wilder 602-696-7859,
Jason Mitchell Real Estate
Bought with:
Non-MLS Agent
Non-MLS Office
Source: ARMLS,MLS#: 6773547
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Wall/Window Unit(s), Electric, Heat Pump, 2 or More Units
Appliances
- Included: Built-In Range, Free-Standing Range, Refrigerator, Washer/Dryer
Features
- Flooring: Vinyl
Interior area
- Total structure area: 2,214
- Total interior livable area: 2,214 sqft
Property
Parking
- Parking features: None, On Street
Lot
- Dimensions: 50 x 125 appro x imately
Details
- Parcel number: 11203066
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Brick
- Roof: Composition
Condition
- Year built: 1914
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: WOODLAND PLACE
Other
Other facts
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $507,750-15.4%$229/sqft |
Source:  ARMLS #6773547 Report a problem | ||
| 12/20/2024 | Pending sale | $599,999$271/sqft |
Source: ARMLS #6773547 Report a problem | ||
| 12/20/2024 | Listed for sale | $599,999$271/sqft |
Source: ARMLS #6773547 Report a problem | ||
| 12/20/2024 | Pending sale | $599,999$271/sqft |
Source: ARMLS #6773552 Report a problem | ||
| 11/25/2024 | Pending sale | $599,999$271/sqft |
Source: ARMLS #6773547 Report a problem | ||
| 10/21/2024 | Listed for sale | $599,999+231.5%$271/sqft |
Source: ARMLS #6773547 Report a problem | ||
| 10/14/2024 | Listing removed | $1,575$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/24/2024 | Listed for rent | $1,575+8.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/13/2023 | Listed for rent | $1,450+16%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/7/2023 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/20/2013 | Sold | $181,000+118.1%$82/sqft |
Source: Public Record Report a problem | ||
| 8/13/2010 | Sold | $83,000-12.6%$37/sqft |
Source: Public Record Report a problem | ||
| 5/15/2010 | Listing removed | $95,000$43/sqft |
Source: Realty Executives #4385484 Report a problem | ||
| 5/2/2010 | Price change | $95,000-45.7%$43/sqft |
Source: Realty Executives #4385484 Report a problem | ||
| 2/25/2010 | Listed for sale | $175,000-40.7%$79/sqft |
Source: Realty Executives #4385484 Report a problem | ||
| 9/27/2005 | Sold | $295,000+78.8%$133/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $165,000+243.8%$75/sqft |
Source: Public Record Report a problem | ||
| 4/26/1999 | Sold | $48,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,229 +6.2% | $46,630 -9.5% |
| 2024 | $1,157 +1% | $51,520 +556.3% |
| 2023 | $1,146 +3.7% | $7,850 -75.3% |
| 2022 | $1,105 -0.4% | $31,800 +6.6% |
| 2021 | $1,110 +0.2% | $29,820 +11.8% |
| 2020 | $1,108 +1.7% | $26,670 +14.9% |
| 2019 | $1,089 | $23,210 +34% |
| 2018 | $1,089 +2.4% | $17,320 +14.2% |
| 2017 | $1,064 +11.3% | $15,160 +27.1% |
| 2016 | $956 +10.9% | $11,930 +87.3% |
| 2015 | $862 | $6,370 +67.8% |
| 2014 | -- | $3,796 -11.4% |
| 2013 | -- | $4,283 -1% |
| 2012 | -- | $4,328 -25.4% |
| 2011 | -- | $5,798 -22.5% |
| 2010 | -- | $7,486 -44.7% |
| 2009 | -- | $13,546 +12.8% |
| 2008 | -- | $12,008 +32.3% |
| 2006 | -- | $9,075 +43.9% |
| 2004 | -- | $6,305 +68.1% |
| 2003 | -- | $3,750 +17.6% |
| 2002 | -- | $3,188 |
Find assessor info on the county website
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
- 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.
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Estimated market value
$499,500
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Estimated market value
$499,500
- Arizona
- Maricopa County
- Phoenix
- 85007
- Central City
- 1318 W MONROE Street
Nearby cities
Nearby neighborhoods
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