Listing Details:
Listing ID: 7103349
Updated: 11/6/2026 9:18am
| Status | Active/For Sale |
| Days On Market | N/A |
| Taxes | $1,557.00 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 15 |
| Year Built | 1944 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Matthews of Arizona |
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.
Property Location:
Listed By: Matthews of Arizona | Bradley Skenderian 949-533-5594 | Kyle Inman 480-703-8955
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
