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Sold for $490,000
    • $490,000

    1331 W MONROE Street, Phoenix, AZ 85007

    4beds
    2baths
    1,208sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $491,900 Zestimate®
    $406/sqft
    $1,746 Estimated rent

    Home value

    $491,900

    $453,000 - $536,000

    $1,746/mo

    Zestimate® history
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    What's special

    Updated stainless appliancesFully remodeled kitchensNew fence installedQuartz countertopsUnder-cabinet lightingCustom cabinetry
    Fantastic investment opportunity near downtown Phoenix in the Woodland Place District. This duplex offers two 2-bed/1 bath units. Fully rented. Both units offer fully remodeled kitchens with custom cabinetry, quartz countertops, updated stainless appliances and under-cabinet lighting. In-unit stackable washer/dryer. Ceiling fans in all rooms. New fence installed 2026. Centrally located, a block from Government Mall and close to downtown's best restaurants, museums, entertainment & sporting venues, cafes & bars and shops, with easy access to major freeways. Off-street parking at the rear of the unit. No HOA

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa M Blanzy 480-773-0140,

    Mark Brower Properties, LLC

    Bought with:

    Ashley Michael, SA693844000

    The Brokery

    Lyndsay Clark, SA690416000

    The Brokery

    Source: ARMLS,MLS#: 7034766MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central, Heat Pump, 2 or More Units, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric, Heat Pump, 2 or More Units
    Appliances
    • Included: Free-Standing Range, Refrigerator
    Features
    • Flooring: Ceramic Tile, Wood
    Interior area
    • Total structure area: 1,208
    • Total interior livable area: 1,208 sqft

    Property

    Parking
    • Parking features: Off Street, On Street
    Details
    • Parcel number: 11203079
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco, Block
    • 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: $406/sqft
    • Tax assessed value: $315,600
    • Annual tax amount: $831
    • Date on market: 7/5/2026
    • Cumulative days on market: 38 days
    • Listing terms: Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/22/2026Sold$490,000-6.7%$406/sqft
    Source: ARMLS #7034766 Report a problem
    7/6/2026Pending sale$525,000$435/sqft
    Source: ARMLS #7034766 Report a problem
    5/29/2026Listed for sale$525,000+41.9%$435/sqft
    Source: ARMLS #7034766 Report a problem
    5/19/2026Listing removed$1,350$1/sqft
    Source: Zillow Rentals Report a problem
    5/12/2026Price change$1,350-5.3%$1/sqft
    Source: Zillow Rentals Report a problem
    4/28/2026Price change$1,425-4.7%$1/sqft
    Source: Zillow Rentals Report a problem
    3/23/2026Price change$1,495-6.3%$1/sqft
    Source: Zillow Rentals Report a problem
    3/17/2026Price change$1,595-3.3%$1/sqft
    Source: Zillow Rentals Report a problem
    2/4/2026Listed for rent$1,649$1/sqft
    Source: Zillow Rentals Report a problem
    1/19/2024Listing removed$369,999-4.2%$306/sqft
    Source: ARMLS #6312595 Report a problem
    1/10/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/20/2023Price change$1,649-2.7%$1/sqft
    Source: Zillow Rentals Report a problem
    11/7/2023Listed for rent$1,695$1/sqft
    Source: Zillow Rentals Report a problem
    11/10/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    11/8/2022Price change$1,695-13.1%$1/sqft
    Source: Zillow Rental Manager Report a problem
    10/26/2022Price change$1,950-9.3%$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/24/2022Listed for rent$2,150$2/sqft
    Source: Zillow Rental Manager Report a problem
    2/17/2022Sold$386,200+4.4%$320/sqft
    Source: ARMLS #6340192 Report a problem
    1/11/2022Pending sale$369,999$306/sqft
    Source: ARMLS #6340192 Report a problem
    1/11/2022Listing removed$369,999$306/sqft
    Source: ARMLS #6312595 Report a problem
    12/24/2021Pending sale$369,999$306/sqft
    Source: ARMLS #6312595 Report a problem
    11/16/2021Listed for sale$369,999+174.3%$306/sqft
    Source: ARMLS #6312595 Report a problem
    4/2/2015Listing removed$134,900$112/sqft
    Source: AZREAPM #5077479 Report a problem
    11/3/2014Price change$134,900-10%$112/sqft
    Source: AZREAPM #5077479 Report a problem
    10/25/2014Price change$149,900-6.3%$124/sqft
    Source: AZREAPM #5077479 Report a problem
    8/25/2014Listed for sale$159,900+966%$132/sqft
    Source: AZ Real Estate and Property Management Report a problem
    2/12/1996Sold$15,000-7.7%$12/sqft
    Source: Public Record Report a problem
    4/22/1994Sold$16,250$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$831 +6.2%$31,560 -9.7%
    2024$782 +1%$34,960 +558.9%
    2023$775 +3.7%$5,306 -75.4%
    2022$747 -0.4%$21,570 +4.7%
    2021$750 +0.2%$20,610 +12%
    2020$749 +1.7%$18,400 +17.9%
    2019$736 $15,600 +34.9%
    2018$736 +2.4%$11,560 +12.7%
    2017$719 +11.3%$10,260 +27.1%
    2016$646 +10.9%$8,070 +91.7%
    2015$583 $4,210 +23.1%
    2014-- $3,420 -12.5%
    2013-- $3,910 -7.3%
    2012-- $4,220 -23.4%
    2011-- $5,510 -21.5%
    2010-- $7,020 -24.6%
    2009-- $9,314 -13.5%
    2008-- $10,770 +48.6%
    2007-- $7,250 -12.1%
    2006-- $8,250
    2005-- $8,250 +65%
    2004-- $5,000
    2003-- $5,000 +38.9%
    2002-- $3,600
    Find assessor info on the county website

    Neighborhood: Central City

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Capitol Elementary School
    • Middle: Capitol Elementary 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.

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    Estimated market value
    $491,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $491,900

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