AZ > Phoenix > Woodland Place
Phoenix, AZ 85007,1318 W MONROE Street
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Phoenix, AZ 85007,1318 W MONROE Street
Phoenix, AZ 85007,1318 W MONROE Street
Phoenix, AZ 85007,1318 W MONROE Street
Phoenix, AZ 85007,1318 W MONROE Street
John Selman
John Selman

+1(480) 220-0875

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$ 507,750

$ 599,999 15.4%

Est. payment /mo
Sold on 12/27/2024

1318 W MONROE Street Phoenix, AZ 85007

UPDATED:

Key Details

Sold Price $507,750

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Woodland Place

MLS Listing ID 6773547

Sold Date 12/27/24

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1914

Annual Tax Amount $1,157

Tax Year 2024

Lot Dimensions 50 x 125 approximately

Property Description

Amazing opportunity for an investor. 3 dwellings, 2 of which have month to month leases and one with a lease terming soon. The main house has two 2/1 units, the unit in back is a 1/1. The unit shown is the mirror to the other half of the duplex. The third unit is on the back of the property. Easy to rent, awesome historic downtown Phoenix location. Reach out for details on how you can make this wise investment happen for you. Unit 1 has a lease that expires June 30th of 2025. The other two are month to month.
(Additional Listing Info)
*Monthly Rental income: $4050

Location

State AZ

County Maricopa

Community Woodland Place

Zoning R5

Interior

Heating Electric

Cooling 2 or More Units, Central A/C, Heat Pump, Electric, Wall/Window Unit(s)

Flooring Vinyl

Appliance BI Oven/Range, F/S Oven/Range, Washer/Dryer

Exterior

Parking Features None, Street Parking

Community Features No Pool

Roof Type Composition

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 112-03-066

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Financing Conventional

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Jason Mitchell Real Estate
Bought with Non-MLS Office
agent

John Selman

+1(480) 220-0875

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1318 W MONROE Street