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1502 W Monroe Street, 
Phoenix, AZ 85007

$650,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Danny Kallay

, 

Courtney Hoover

Compass

480-776-1555

Last updated:

April 26, 2026, 02:50 PM

MLS#

6990515

Source:

ARMLS

About This Home

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.

Home Facts

Multi-Family

Built in 1911

Price Summary

650,000

MLS #:

6990515

Last Updated:

April 26, 2026, 02:50 PM

Structure

Structure

Year Built:

1911

Finances & Disclosures

Finances

Price:

$650,000

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All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.