$300,000
PENDING

Estimated payment $1,791/month

Total Views 5,296
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

Seller's Prefers to Sell with 2924 & 2928 E Monroe Street! 2930 E Monroe Street is comprised of a single family home with an Additional Dwelling Unit. The property features (1) 2-Bed / 1-Bath Unit & (1) 1-Bed / 1-Bath Unit. The property is centrally located and are just minutes away from Downtown Phoenix, Sky Harbor as well as ASU & U of A's downtown campuses. Rents are averaging $1,132/month. With the neighborhood continuously improving this offers an excellent opportunity to own a cash-flowing asset in central Phoenix. Utilities are master metered, electric is billed back monthly. All tenants are on month-to-month leases, leaving the option to add additional value or continue to cash-flow!

Listing Agent

Carson Griesemer

ABI Multifamily License #SA686764000

Co-Listing Agent

Dallin Hammond

ABI Multifamily License #SA677560000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1946

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Wilson Elementary Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 121-65-008

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50ft x 150ft
  • El Molino Place Subdivision

Building Details

  • Operating Expense $1,403
  • Gross Income $33,991
  • Net Operating Income $19,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,403

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: EL MOLINO PLACE
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile, Vinyl, Wood
  • Appliances: Built-In Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Other, Wood Frame, Painted, Stucco
  • Roof: Other, Composition

Garage/Parking

  • Parking Features: >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Wilson Elementary School

Lot Info

  • Lot Size: 50ft x 150ft
  • Additional Parcels: No
  • Parcel #: 121-65-008

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 33991.0
  • Property Net Operating Income: 19686.0
  • Annual Operating Expense: 1403.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1403.0
  • Tax Book Number: 121.00
  • Tax Lot: 8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,403 $10,758 -- --
2024 $1,410 $10,246 -- --
2023 $1,410 $22,510 $4,500 $18,010
2022 $1,328 $13,960 $2,790 $11,170
2021 $1,348 $14,650 $2,930 $11,720
2020 $1,342 $14,520 $2,900 $11,620
2019 $1,336 $11,150 $2,230 $8,920
2018 $541 $7,450 $1,490 $5,960
2017 $503 $5,210 $1,040 $4,170
2016 $515 $4,530 $900 $3,630
2015 $478 $3,870 $770 $3,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $300,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $140,000 Grand Canyon Title Agency
Warranty Deed $75,000 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,000 Commercial
Previous Owner $130,000 Commercial
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6823788

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-65-008