1537 E Monroe Street
Phoenix, AZ 85034
- – beds
- – baths
- – sqft
- 14,000 sqft lot
- – on site
More homes
These are 2 lots are ready for development! APN 116-46-074 and 116-46-075. Two adjacent parcels in downtown Phoenix. Both lots are 50' x 140' or 7,000 square feet. Total is 100' x 140' for a combined 14,000 square feet or .32 acres. 1537 E. Monroe is zoned R5 and 1539 is zoned C3 which allows for residential use. The lots are located in one of the hottest redevelopment areas of Phoenix with nearby light rail, employment, education and entertainment centers. Lots are in designated Opportunity Zone and within several other special zoning, development and transportation schemes. Lot is fenced on 3 sides with a large gate providing alley access. There are currently 5 small structures on the commercial lot (vacant). These structures are approximately 300 square feet each with a toilet and sink. Tenant improvements would be required to make these tenantable but, a couple have been leased to commercial tenants in the recent past by the prior owner (current owner does not have information on terms). Prior owner commissioned site plan which allows for 16 - 21 residential units across three stories above 28 parking spaces on the ground level. Current owner has also reviewed an alternative duplex development on each lot with a local developer of duplexes in the area. {buyer to confirm all calculations and measurements}
Last checked:
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Last updated Jul 31, 2024
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MLS# 6622364 —
The Building
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Year Built:None
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New Construction:No
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Construction Materials:None
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Architectural Style:None
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Builder Name:None
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Roof:None
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Stories Total:None
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Basement:No
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Basement:None
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Exterior Features:None
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Patio And Porch Features:None
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Security Features:None
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Direction Faces:None
Interior
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Interior Features:None
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Accessibility Features:None
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Furnished:None
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Flooring:None
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Living Area:None
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Rooms Total:None
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Fireplaces Total:None
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Fireplace:No
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Fireplace Features:None
Room Dimensions
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Living Area Units:None
Financial & Terms
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Land Lease:No
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Home Warranty:No
Location
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Latitude:33.450159
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Longitude:-112.048231
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Cross Street:16th st and Jefferson
The Property
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Property Type:Land
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Property Condition:None
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Zoning:R5
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Parcel Number:116-46-075-A
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Additional Parcels:true
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# of Lots:2
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Lot Size:None
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Lot Size Area:0.32
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Lot Size Acres:0.32
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Lot Size SqFt:14,000 Sqft
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Lot Size Dimensions:280x100
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Lot Size Units:Acres
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View:None
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Waterfront:No
Listing Agent
- Contact info:
- Office phone:
- (480) 685-2760
Taxes
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Tax Year:2023
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Tax Annual Amount:593.0
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Tax Lot:3
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Tax Map Number:46.00
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Tax Book Number:116.00
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Tax Parcel Letter:A
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Tax Legal Description:LOT 3 BLOCK 8 COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40 MCR 000111
Beds
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Bedrooms Possible:None
Baths
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Full Baths:None
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Half Baths:None
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Possession:None
Heating & Cooling
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Heating:No
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Heating:None
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Cooling:No
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Cooling:None
Utilities
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Utilities:None
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Electric:APS
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Sewer:Public Sewer
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Water Source:City Franchise
Appliances
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Appliances:None
Schools
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Elementary School District:Phoenix Elementary District
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High School District:Phoenix Union High School District
The Community
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Subdivision Name:COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
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Senior Community:No
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Community Features:None
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Association:false
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Association Amenities:None
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Pool Private:No
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Spa Features:None
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Pets Allowed:None
Parking
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Parking Total:None
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Garage:No
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Garage Spaces:None
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Attached Garage:No
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Carport Spaces:None
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Covered Spaces:None
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Parking Features:None
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Open Parking Spaces:None
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Association Fee Includes:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/31/24
May 31, 2024
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Sold | ARMLS | $460,000 | -6.1% |
|
5/8/24
May 8, 2024
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Pending | ARMLS | $490,000 | |
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4/15/24
Apr 15, 2024
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Price Changed | ARMLS | $490,000 | -2.2% |
