MLS# 6990515 – 1502 W Monroe Street, Phoenix, AZ 85007

Price: $650,000
Units: 3
Property Type: Multiple Dwellings
Status: Active
Year Built: 1911
Neighborhood: Capitol Addition Blocks 3-6 12-14 Tract A
Days on Website: 64

Courtesy of Compass

Property Description

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.

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Property Details and Features

  • Appliances & Equipment
  • “See Remarks”
  • Building
  • Built in 1911
  • Construction materials: “Wood Frame”, “Painted”, “Stucco”, “Block”
  • 3 total units
  • Cooling
  • “Electric”
  • “Heat Pump”
  • Floors
  • “Carpet”
  • “Wood”
  • “Concrete”
  • Heating
  • “Electric”
  • “Natural Gas”
  • Listing
  • Listing ID: 6990515
  • Standard status: Active
  • 62 days on market
  • Location
  • Subdivision name: CAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A
  • Parking
  • “On Street”
  • 5 total parkings
  • Property
  • Zoning: R5
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Kenilworth Elementary School
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,818
  • Lot: 30
  • Utilities
  • “City Electric”

Property Map

$650,000 – 1502 W Monroe Street, Phoenix, AZ 85007

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.