1152 E MONROE Street # 15 Phoenix, AZ ^$ 1,950,000

1152 E MONROE Street # 15

^$ 1,950,000

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1152 E MONROE Street # 15

Phoenix, AZ, 85034

^$ 1,950,000

Studio Baths0.0

Monthly Estimate*

^$ 12,165

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 1

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 2

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 3

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 4

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 5

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 6

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 7

1152 E MONROE Street # 15, Phoenix, AZ 85034 - Image 8

Studio

Lots and Land for sale in Phoenix, AZ

for $1,950,000. The lot size is 0.54.

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.

Lots and Land Pending

Price

^$ 1,950,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 7,075

Style

Land

Lot Size

0.54

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6804118

Features

General

Sewer Public Sewer

Development Status Raw Land Off Site Imp Complte On Site Imp Cmplete

Zoning R5

Electric APS

Topography Level

Township 1N

Unit Number 15

Tax Year 2024

County Maricopa

Property Type Land

HOA N

Subdivision Name PORTER BAXTER SUBDIVISION OF TRACT B MURPHYS ADDIT

Possible Use Multi-Family Office

Other Structures None

Special Listing Conditions Owner/Agent

Status Pending

Directions Van Burn North on 12th St to Monroe. Washing St South on 12th St to Monroe.

City Phoenix

Disclosures Other (See Rmks) ALTA Survey Alba

High School District Phoenix Union High School District

Lot Size Units Acres

Lot Size Square Feet 23547.0

Carport Y/N N

Elementary School Lowell Elementary School

Tax Annual Amount 7075.08

Middle/Junior High School Lowell Elementary School

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Pending

Occupancy Type Vacant

Elementary School District Phoenix Elementary District

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 15

New Financing: Conventional True

Senior Community N

Exterior

Vegetation See Remarks

Fencing Chain Link

Lot Features Historic District

Water Source City Franchise

Lot Size Area 0.54

Spa N

Lot Dimensions 235' X 104'

Lot Size Acres 0.54

Road Surface Type Asphalt

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Baths 0

Internal Only

Street Number 1 1152

* Excluded Features

List By

Realty One Group

Broker

dellisbrian@gmail.com

Affordability Calculator

$12,755

Per Month

Monthly Principal & Interest: $12,165
Monthly Property Taxes: $590
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Phoenix, AZ

Average List Price ^$818,496

Percent of Sale Price 58%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4900930 Elementary School

4900930 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/2/2025	$1,950,000	-7.14%	Price Down
1/13/2025	$2,100,000		Listed Price

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1152 E MONROE Street # 15, Phoenix, AZ, 85034 is a Lots and Land for sale at $1,950,000 with a lot size of 0.54. 1152 E MONROE Street # 15 is a studio with 0.0 baths. The property's zip code is 85034 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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1152 E MONROE Street # 15

Lots and Land for sale in Phoenix, AZ

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