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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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1502 W Monroe Street, Phoenix, AZ – $650,000

  • $650k Price
  • $650k Price

1502 W Monroe Street

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.

Essential Information

  • MLS® #6990515
  • Price$650,000
  • Year Built1911
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address1502 W Monroe Street
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85007

Subdivision

CAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A

Amenities

  • AmenitiesSee Remarks
  • Parking Spaces5
  • ParkingOther, On Street

Interior

  • AppliancesSee Remarks
  • HeatingElectric, Natural Gas
  • CoolingElectric, Heat Pump

Exterior

  • RoofOther, Composition

Construction

Wood Frame, Painted, Stucco, Block

School Information

  • ElementaryKenilworth Elementary School
  • MiddleKenilworth Elementary School
  • HighCentral High School

District

Phoenix Union High School District

Additional Information

  • ZoningR5

Listing Details

  • OfficeCompass
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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on March 3rd, 2026 at 6:49pm MST.