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  • $525,000

    1331 W MONROE Street, Phoenix, AZ 85007

    4beds
    2baths
    1,208sqft
    : 
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    Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $435/sqft
    $-- HOA

    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
    37 days
    |
    120
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa M Blanzy 480-773-0140,

    Mark Brower Properties, LLC

    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: $435/sqft
      • Tax assessed value: $315,600
      • Annual tax amount: $831
      • Date on market: 5/29/2026
      • 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

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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
        8/25/2014Price change$159,900-4.3%$132/sqft
        Source: AZ Real Estate and Property Management Report a problem
        3/2/2014Listed for sale$167,000+1013.3%$138/sqft
        Source: AZREAPM #5077479 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

        Monthly payment

        Est. payment

        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

        Getting around

        69 / 100
        Somewhat Walkable
        53 / 100
        Good Transit
        73 / 100
        Very Bikeable

        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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