1502 W MONROE Street, Phoenix, AZ 85007, Phoenix AZ 85007
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
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 68th percentile of that active group. The comparison uses 566 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $532,450, and the median is $333 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1333 W WOODLAND Avenue, Phoenix, AZ 85007 | Apr 30, 2026 | 6 bd | $560,000 | 0.1 mi |
| 1331 W MONROE Street, Phoenix, AZ 85007 | Jul 22, 2026 | 4 bd | $490,000 | 0.1 mi |
| 1211 W POLK Street, Phoenix, AZ 85007 | Sep 21, 2026 | 3 bd · 1,410 sqft | $482,000 | 0.2 mi |
| 325 N 17TH Drive, Phoenix, AZ 85007 | Sep 18, 2026 | 4 bd | $504,900 | 0.3 mi |
| 1123 W FILLMORE Street, Phoenix, AZ 85007 | Apr 30, 2026 | 8 bd | $630,000 | 0.4 mi |
| 1002 W POLK Street, Phoenix, AZ 85007 | Aug 12, 2026 | 6 bd · 1,138 sqft | $370,000 | 0.4 mi |
| 1119 W FILLMORE Street, Phoenix, AZ 85007 | Jun 12, 2026 | 8 bd | $580,000 | 0.4 mi |
| 1249 W PIERCE Street, Phoenix, AZ 85007 | May 12, 2026 | 20 bd | $1,176,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $631,000 · Pending
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Similar active homes in Phoenix
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