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629-299-2386
SimpliHŌM
1152 E Monroe Street Unit 15, Phoenix, AZ 85034
- $1,600,000
- Sold Price
- $1,600,000
- List Price
- $1,950,000
- Status
- CLOSED
- Days on Market
- 311
- Closing Date
- Dec 19, 2025
- MLS#
- 6804118
- Subtype
- Land
- Lot Size
- 23,547
- Acres
- 0.54
- Subdivision
- Porter Baxter Subdivision Of Tract B Murphys Addit
Property Description
Exceptional redevelopment opportunity in Downtown Phoenix, AZ. +/-23,500 SFT property, Zoned R-5, potential for higher density development under Walkable Urban Code and in an Opportunity Zone with potential for tax incentives. - Buyer and their experts to verify. The site is primed for transformation into multi-family housing, a modern light office space, or mixed-use development. Positioned near two key light rail stops at 12th Street and Washington, and 12th Street and Jefferson and convenient access to the I-10 and SR 51 freeways, the property ensures unparalleled accessibility. Located just 3/4 mile from the vibrant Stadium/Arena district, offering an abundance of dining, entertainment, and services.
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Additional Information
- Taxes
- $7,075
- Zoning
- R5
- Elementary School
- Lowell Elementary School
- Middle School
- Lowell Elementary School
Courtesy of Realty ONE Group. 602-953-4000 Selling Office: Keller Williams Realty East Valley.
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