MLS# 7003581 – 1317 W Monroe Street, Phoenix, AZ 85007

Price: $875,000
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 1926
Neighborhood: Woodland Place
Days on Website: 38

Courtesy of Redfin Corporation

Property Description

Fantastic investment opportunity in a gorgeous historic neighborhood near the Arizona State Capitol in the heart of Central Phoenix. This well-maintained fourplex features 4 beautifully remodeled efficiency units, consistently in demand with both short- and long-term tenants. Each fully furnished unit offers a private kitchenette w/ stainless steel gas range, refrigerator, & microwave, along with a well-appointed bathroom w/ shower. Windows in the property were replaced approximately 4 years ago. Property includes an inviting front porch and a detached one-car garage with water plumbing, offering potential for conversion into a fifth rental unit. Ideally situated on a peaceful, tree-lined street close to dining, shopping, sports venues, and entertainment. Buyer to verify all information.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Built-In Range”
  • “Refrigerator”
  • “See Remarks”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1926
  • Construction materials: “Brick Veneer”, “Painted”, “Block”, “Brick”
  • 4 total units
  • Cooling
  • “Ceiling Fan(s)”
  • “Evaporative Cooling”
  • “See Remarks”
  • “Window/Wall Unit”
  • Expenses
  • Electric: $5,000
  • Fuel: $1,000
  • Insurance: $3,600
  • Water sewer: $1,250
  • Exterior Features
  • “Sidewalk(s)”
  • Floors
  • “Wood”
  • Heating
  • “Natural Gas”
  • Listing
  • Listing ID: 7003581
  • Standard status: Active
  • 35 days on market
  • Location
  • Subdivision name: WOODLAND PLACE
  • Parking
  • “Detached Garage”
  • “On Street”
  • 2 total parkings
  • Property
  • Zoning: R5
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Paul Dunbar Lawrence School
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,438
  • Lot: 5
  • Utilities
  • “APS”
  • “Individual Meter”

Property Map

$875,000 – 1317 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.