1331 W MONROE Street, Phoenix, AZ 85007
$525,000
![IMG_0566[1]](https://cdn.photos.sparkplatform.com/az/20260527214259374007000000-o.jpg)
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$525,000
Last Modified:
5/29/2026
Overview
Description
Listing Details MLS# 7034766
Location, Tax & Legal
- House Number
- 1331
- Compass
- W
- Street Name
- MONROE
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85007
- Zip4
- 2722
- Country
- US
- County Code
- Maricopa
- Subdivision
- WOODLAND PLACE
- Assessor Number
- 112-03-079
- Tax Year
- 2025
- Assessor's Map #
- 3
- Legal Description (Abbrev)
- WOODLAND PL
- Assessor's Parcel #
- 79
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 114301
- Taxes
- 831
- Legal
- WOODLAND PL
- Marketing Name
- Woodland Place
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- Unknown
- Year Built
- 1926
- Total # of Units
- 2
- # of Buildings
- Yes
- Zoning
- R5
- Flood Zone
- TBD
- Elementary School District
- Phoenix Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Capitol Elementary School
- Jr. High School
- Capitol Elementary School
- High School
- Central High School
- Uncvrd Parking Spcs
- 0
Remarks Misc
- Cross Street
- 15th Ave & Van Buren or 13th Ave & Washington St
- Directions
- South on 15th Ave, then east on Monroe, property will be on the south side of the street.
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 7
- Block
- B
- Lot Number
- 8
Income Expenses
- Gross Annual Sch Inc
- 33588
- Net Operating Income
- 14132
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Yes
- Phone Call
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 1399
- Avg SqFt
- 604
- # Baths
- Yes
Project Type
- Duplex
- Yes
Construction
- Block
- Yes
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Wood
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 77
- Annual Gas Exp
- 399
- Annual Ins Exp
- 2074
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 180
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 10719
- Annual Mgmt Exp
- 4072
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 1244
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 540
- Operating Exp
- 20136
- Other Income
- 500
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 32383.6
- Total Monthly Rental Income
- 2799
Pmt & Rate Info
- Cap Rate
- 2.69
- Down Payment
- 0
- Equity
- 525000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
- Central
- Yes
- 2 or More Units
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
- Heat Pump
- Yes
- 2 or More Units
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- On Street
- Yes
- Off Street
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- SW Gas
- Yes
- Master Meter
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- Other
- Yes
New Financing
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Duplex
Construction:
Block; Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Wood; Ceramic Tile
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Central; Heat Pump; 2 or More Units
Cooling:
Ceiling Fan(s); Electric; Heat Pump; Central Air; 2 or More Units
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS; Individual Meter
Gas:
SW Gas; Master Meter
Parking Features:
On Street; Off Street
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping; Other
Tenant Pays:
Electricity; Gas
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Other (See Remarks)
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Other (See Remarks)
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
VA; FHA; Conventional; 1031 Exchange
Environmental:
None
Listing Office:
Mark Brower Properties, LLC
Last Updated: May - 29 - 2026
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