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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1502 W MONROE Street in Phoenix, AZ is listed for $650,000. Built in 1911, on a N/A lot.

Agent 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.

Key Features

  • Built in 1911

Property Details

1911

Amenities

A/C

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

1502 W MONROE Street

Phoenix, AZ 85007

CAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A

Property Details

Flooring

CarpetConcreteWood

Construction

Wood Frame Painted Stucco Block

Parking

On Street

Heating

Natural GasElectric (Heating)

Cooling

ElectricHeat Pump

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1502 W MONROE Street is listed at $650,000. The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.

Key features include: Built in 1911.

This property is listed by Danny Kallay and can be reached at 4806948571 or danny@thekallaygroup.com.

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DK

Danny Kallay

Agent at Compass

(480) 694-8571

Listed by Compass · View on Broker Site

MLS# 6990515· Source: listhub· Updated 43 days ago

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1502 W MONROE Street, Phoenix, AZ 85007

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