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Sold for $590,000
  • $590,000

    2924 E MONROE Street, Phoenix, AZ 85034

    7beds
    2baths
    2,893sqft
    Multi Family
    Built in 1983
    -- sqft lot
    $290,300 Zestimate®
    $204/sqft
    $1,690 Estimated rent

    Home value

    $290,300

    $264,000 - $319,000

    $1,690/mo

    Zestimate® history
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    What's special

    Property Must Be Sold With 2928 E Monroe Street!!! Seller's preference is to Sell with 2930 E Monroe Street as well! The (2) properties are Single Family Homes with Additional Dwelling Units. In total there are (4) units featuring (1) 1-Bed / 1-Bath & (3) 2-Bed / 1-Bath. All units are individually metered for electricity, owner pays Water, Sewer & Trash. The average in-place rent is $1,202 with all leases being on month-to-month basis. The purchaser has the ability to continue to cash-flow or do more extensive interior and exterior upgrades. The property is centrally located and situated minutes from Downtown Phoenix, Sky Harbor and provides immediate access to major highways, public transportation, and the city's growing business and entertainment districts.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carson P Griesemer 602-714-1370,

    ABI Multifamily,

    Mitchell Drake 602-714-1289,

    ABI Multifamily

    Bought with:

    Dallin J Hammond, SA677560000

    ABI Multifamily

    Carson P Griesemer, SA686764000

    ABI Multifamily

    Source: ARMLS,MLS#: 6823823MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    Heating
    • Other, Individual, Electric
    Cooling
    • Central Air, Individual
    Appliances
    • Included: Built-In Range, Free-Standing Range, Other, Refrigerator, Microwave
    • Laundry: W/D Hookup
    Features
    • Flooring: Other, Ceramic Tile
    Interior area
    • Total structure area: 2,893
    • Total interior livable area: 2,893 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Other, >1 Space Per Unit, On Street
    • Uncovered spaces: 6
    Lot
    • Size: 0.34 Acres
    • Dimensions: 100ft x 150ft
    Details
    • Parcel number: 12165012
    • Zoning: R-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco
    • Roof: Composition
    Condition
    • Year built: 1983

    Utilities & green energy

    • Electric: APS, Individual Meter
    • Sewer: Public Sewer
    • Water: Master Meter, City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: EL MOLINO PLACE

    Other

    Other facts
    • Listing terms: Other (See Remarks)
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/20/2025Sold$590,000-1.7%$204/sqft
    Source: ARMLS #6823823 Report a problem
    4/25/2025Pending sale$600,000$207/sqft
    Source: ARMLS #6823823 Report a problem
    2/20/2025Listed for sale$600,000-20%$207/sqft
    Source: ARMLS #6823823 Report a problem
    12/13/2023Listing removed--
    Source: ARMLS #6396705 Report a problem
    6/28/2022Listing removed$750,000$259/sqft
    Source: ARMLS #6396705 Report a problem
    5/9/2022Listed for sale$750,000+240.9%$259/sqft
    Source: ARMLS #6396705 Report a problem
    7/12/2018Sold$220,000$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,459 -5%$26,110 -11%
    2024$1,537 -0.5%$29,350 +174.7%
    2023$1,544 +6.2%$10,686 -43.9%
    2022$1,454 -1%$19,060 +17.9%
    2021$1,469 +0.4%$16,160 -0.7%
    2020$1,463 +74.6%$16,270 +33.3%
    2019$838 $12,210 +23.8%
    2018$838 +7.6%$9,860 +38.5%
    2017$779 +5.1%$7,120 +16.7%
    2016$741 +2%$6,100 +13.6%
    2015$727 $5,370 +8.5%
    2014-- $4,950 +36.4%
    2013-- $3,630 -7.4%
    2012-- $3,920 -7.3%
    2011-- $4,230 -53.9%
    2010-- $9,170 -41.3%
    2009-- $15,620 -14.6%
    2008-- $18,300 +24.1%
    2007-- $14,750 +72.5%
    2006-- $8,550
    2005-- $8,550 +34.6%
    2004-- $6,350
    2003-- $6,350 +30.9%
    2002-- $4,850

    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Wilson Elementary School
    • District: Wilson 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
    $290,300
    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
    $290,300