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

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$850,000 - 4Br/Ba - for Sale in Woodland Place, Phoenix
Virtual Tour
Price: $850,000
Units: 4
Status: Active
Year Built: 1926
Neighborhood: Woodland Place
Days on Website: 164

Courtesy of Redfin Corporation

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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

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Built-In Range
  • Refrigerator
  • Microwave
  • Washer/Dryer
  • Bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 4 total bedrooms
  • Building
  • Built in 1926
  • 2 buildings
  • Construction Materials: Brick Veneer, Painted, Block, Brick
  • Community
  • No Pool
  • Cooling
  • Ceiling Fan(s)
  • Evaporative Cooling
  • Window/Wall Unit
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Electric: $5,000
  • Fuel: $1,000
  • Gardener: $600
  • Insurance: $3,600
  • Operating: $14,338
  • Trash: $1,250
  • Water/Sewer: $1,250
  • Exterior Features
  • Sidewalk(s)
  • Floors
  • Wood
  • Heating
  • Natural Gas
  • Income
  • Gross Income: $108,000
  • Gross ScheduledIncome: $120,000
  • Net Operating Income: $114,000
  • Listing
  • Listing ID: 7003581
  • Standard Status: Active
  • MLS Status: Active
  • 164 days on market
  • Location
  • Subdivision: WOODLAND PLACE
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 50’x125′
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • 1 covered spaces
  • 1 open parking spaces
  • 2 total parking spaces
  • Detached Garage
  • On Street
  • Roof
  • Composition
  • Schools
  • Elementary School: Paul Dunbar Lawrence School
  • Elementary School District: Phoenix Elementary District
  • Middle School: Paul Dunbar Lawrence School
  • High School: Central High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 112-03-076
  • Public Survey Range: 3E
  • Public Survey Section: 7
  • Annual Amount: $1,438
  • Tax Book Number: 112.00
  • Legal Description: WOODLAND PL
  • Lot: 5
  • Year: 2025
  • Zoning: R5
  • Utilities
  • Water Source: City Franchise
  • APS
  • Individual Meter

Property Map

$850,000 – 1317 W Monroe Street, Phoenix, AZ 85007

Street View

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Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Request More Information

Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Schedule a Showing

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This content last updated on September 5, 2026 3:20PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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