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$ 590,000
$ 600,000 1.7%
2924 E MONROE Street Phoenix, AZ 85034
UPDATED:
Key Details
Sold Price $590,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision El Molino Place
MLS Listing ID 6823823
Sold Date 05/20/25
Year Built 1983
Annual Tax Amount $1,537
Tax Year 2024
Lot Dimensions 100ft x 150ft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The (2) properties are Single Family Homes with Additional Dwelling Units. In total there are (4) units featuring (1) 1-Bed / 1-Bath & (3) 2-Bed / 1-Bath. All units are individually metered for electricity, owner pays Water, Sewer & Trash. The average in-place rent is $1,202 with all leases being on month-to-month basis. The purchaser has the ability to continue to cash-flow or do more extensive interior and exterior upgrades.
The property is centrally located and situated minutes from Downtown Phoenix, Sky Harbor and provides immediate access to major highways, public transportation, and the city's growing business and entertainment districts.
Location
State AZ
County Maricopa
Community El Molino Place
Zoning R-5
Interior
Heating Other, Individual, Electric
Cooling Central Air, Individual
Flooring Other, Ceramic Tile
Appliance Built-In Range, Free-Standing Range, Other, Refrigerator, Microwave, W/D Hookup
Exterior
Parking Features Other, >1 Space Per Unit, On Street
Community Features No Pool
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
Middle Schools Wilson Elementary School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 121-65-012
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Financing FHA
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with ABI Multifamily