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2006 W MONROE Street, Phoenix, AZ, 85009

2beds
2baths
1,288sqft
$275,000
$214price/sqft
$1,826/moest. monthly cost
$73,040/yrincome needed

About This Home

GREAT INVESTMENT OPPORTUNITY! This home offers incredible potential and was previously a 3-bedroom, making it easy to convert back into a 3-bedroom layout. The space for the third bedroom is already in place--all that's needed is drywall to finish it, making it a great opportunity to add value and increase functionality. Recent updates include a BRAND NEW roof, BRAND NEW HVAC system, and an upgraded kitchen, giving you peace of mind on some of the home's biggest-ticket items. No HOA! Conveniently located just minutes from Downtown Phoenix with quick access to shopping, dining, entertainment, and major freeways. Whether you're an investor, first-time buyer, or looking for a home with room to build equity, this is an opportunity you won't want to miss!

Getting Around

61
WalkingSomewhat Walkable
50
TransitGood Transit
62
BikeBikeable

Schools

5/10
3/10
Central High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 1941

Materials

  • Roof: Other
  • Construction materials: Stucco,Painted,Stone,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Spanish
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Granite Counters,Eat-in Kitchen,Full Bth Master Bdrm

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,288
  • Total interior livable area: 1,288 sqft

Property

Details

  • Parcel number: 10931126
  • Special condition: Short Sale

Features

  • Stories: 1
  • Spa features: None
  • Fencing: Perimeter,Block
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,250 sqft
  • Features: Desert Front

Parking

  • Total spaces: 2
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance $120$1,440
Property Taxes $100$1,200
Electricity $216$2,603
Total$1,826$21,912

Income You'd Need if You Spent...

35% on housing$62,605/yr
40% on housing$54,780/yr
45% on housing$48,693/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 85009$157
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85009$246
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Price change$275,000
2026-07-15Price change$289,000
2026-05-12Listed for sale$299,000
2021-09-03Sold$310,000
2021-04-06Sold$193,000
2008-10-08Sold$39,900
2008-09-01Price change$39,999
2008-08-20Listed for sale--
2006-07-20Sold$163,000
1999-03-08Sold$15,000

For Sale by Agent

AgentJohana Saenz Varela
BrokerageA.Z. & Associates

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