




1502 W MONROE Street, Phoenix, AZ, 85007
--beds
--baths
--sqft
$650,000
--price/sqft
$3,951/moest. monthly cost
$158,040/yrincome needed
About This Home
Multi-Family | Fully Remodeled | Active Airbnb in Downtown's Historic District. This beautifully renovated 1911 Craftsman offers a rare, income-producing setup with space, charm, and flexibility. The main residence features 8 bedrooms and 4.5 baths, plus a unique basement/bomb shelter ideal for storage, a wine cellar, or a creative flex space. Above the detached 2-car garage, a separate 2 bed / 1 bath apartment with a full kitchen provides an additional rental stream or private guest quarters. Positioned on a corner lot and currently operating as an active Airbnb, this property is minutes from major Downtown Phoenix attractions including The Van Buren, the Japanese Friendship Garden, and Chase Field.
Getting Around
70
52
80
Schools
5/10
3/10
Construction
Condition
- Year built: 1911
Materials
- Roof: Other,Composition
- Construction materials: Wood Frame,Painted,Stucco,Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: See Remarks
Features
- Flooring: Carpet,Wood,Concrete
Heating & Cooling
- Heating features: Electric,Natural Gas
- Cooling features: Electric,Heat Pump
Property
Details
- Parcel number: 11202024
- Zoning: R5
Lot
- Lot size: 8,400 sqft
- Lot size dimensions: 8400
Parking
- Total spaces: 5
- Parking features: Other,On Street
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 3
