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Street View
$995,000
Monthly Est:$4,952
13 Beds
9 Baths
--sqft
2916 E Monroe St, Phoenix, AZ 85034
$995,000
$4,952/moEst:
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Townhouse
Built in 1944
$-- HOA
-- sqft lot
--/sqft
Description
9-unit multifamily investment opportunity in Phoenix, AZ. Built in 1946, the property spans two contiguous parcels (2916 and 2920 E. Monroe Street) and features a diverse unit mix: three studios, three one-bedrooms, two two-bedrooms, and one large three-bedroom unit over 1,000 SF. The asset offers stable current cash flow with upside potential through interior and exterior renovations. Current ownership has already completed a full sewer line replacement, mitigating a major capital expense. Strategically located, the property provides convenient access to Downtown Phoenix, Phoenix Sky Harbor International Airport, and major transportation corridors (Loop 202 and I-10), ensuring strong long-term tenant demand and investment stability.
- Houzeo last checked: 5 minutes ago
- Listing updated: November 6, 2026 at 4:18 pm
- Listing Provided by: Bradley Skenderian (949) 533-5594 , Kyle Inman (480) 703-8955 | Matthews of Arizona
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7103349
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1944
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7103349
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 9
Interior
Heating
Electric, Heat Pump, Varies By Unit, See Remarks
Cooling
Central Air, Varies By Unit, See Remarks
Appliances
Built In Range, Free Standing Range, Refrigerator, Microwave, Other
Sewer
Public Sewer
Flooring
Ceramic Tile, Other
Construction
Year Built
Year Built: 1944
Home type
Townhouse
Construction Materials
Wood Frame, Other, Painted, Stucco
Roof
Composition, Other
Utilities & Energy
Electric
Aps, Individual Meter
Water Source
City Franchise
Parking Features
Other, On Street, >1 Space Per Unit
Other Features
Community Features
No Pool
Subdivision Name
El Molino Place
Tenant Pays
Electricity, Cable Tv
Disclosures
None, Other (see Remarks)
Price History
| Date | Event | Price |
|---|---|---|
11/06/2026 Source: | Price Decreased | $995,000 -4.33% $0/sqft |
02/26/2026 Source: | Off Market | $1,040,000 $0/sqft |
02/26/2026 Source: | Listed for Sale | $1,040,000 +4.00% $0/sqft |
04/26/2025 Source: | Off Market | $999,999 -9.09% $0/sqft |
04/26/2025 Source: | Listed for Sale | $1,100,000 +10.00% $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Nov 07, 2026, 11:00AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
