2525 E Monroe Street, Phoenix, AZ 85034
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Property image
OFF MARKET

2525 E Monroe Street
Phoenix, AZ 85034

Central City
  • 8 Beds
  • 4 Baths
  • 2,484 sqft

$628,900

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,527/mo*
Refinance Your Home

$628,900

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,527/mo*
Refinance Your Home
8 Beds
4 Baths
2,484 sqft

Home Value

Trulia Estimate
$629K
Since last month
Decreased$10K (-1.5%)
Since last year
Increased$72K (+12.9%)
Since last sale
Increased$60K (+10.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +300% in the last 10 years
MonthEstimated value
2026
August 2026$630K
July 2026$626K
June 2026$639K
May 2026$637K
April 2026$614K
March 2026$588K
February 2026$564K
January 2026$554K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2237 E TAYLOR Street, Phoenix, AZ
0.45
Multi-Family Home
$575,000
09/19/25
9
4
2,500
1008 N 27TH Street, Phoenix, AZ
0.63
Multi-Family Home
$420,000
04/07/26
6
4
2,700
1121 N 25TH Place, Phoenix, AZ
0.78
Multi-Family Home
$468,550
06/17/26
6
2
2,200
2444 E WILLETTA Street, Phoenix, AZ
0.99
Multi-Family Home
$565,000
02/05/26
6
4
1,800
1014 N 28TH Street, Phoenix, AZ
0.69
Multi-Family Home
$400,000
08/20/25
5
2
1,650
2930 E MONROE Street, Phoenix, AZ
0.51
Multi-Family Home
$465,000
01/29/26
3
2
1,219
411 N 32nd Place, Phoenix, AZ
0.90
Multi-Family Home
$853,000
11/21/25
6
3
1,770
2621 E BRILL Street, Phoenix, AZ
1.01
Multi-Family Home
$420,000
04/16/26
3
3
3,000
329 N 17TH Drive, Phoenix, AZ
1.08
Multi-Family Home
$505,000
06/25/26
4
2
1,750

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2505 E Monroe Street, Phoenix, AZ 85034
0.05
$1,200,000
3
2
6,600
For Sale
2529 E VAN BUREN Street, Phoenix, AZ 85034
0.05
$590,400
3
3
-
Off Market
2515 E Adams Street, Phoenix, AZ 85034
0.08
$280,000
3
2
869
Recently Sold
2535 E VAN BUREN Street #-, Phoenix, AZ 85008
0.06
-
-
-
-
Off Market
445 N 24TH Street, New River, AZ 85087
0.31
-
-
-
-
Off Market
2516 E HARRISON Street #14, Phoenix, AZ 85034
0.37
-
-
-
-
Off Market
2821 E ADAMS Street, Phoenix, AZ 85034
0.36
$140,000
4
2
994
Recently Sold
2430 E HARRISON Street #12, Phoenix, AZ 85034
0.39
-
-
-
-
Off Market
2825 E ADAMS Street, Phoenix, AZ 85034
0.37
$144,600
2
1
940
Off Market
2336 E TAYLOR Street, Phoenix, AZ 85006
0.40
$853,300
9
6
3,450
Off Market
2829 E Adams Street, Phoenix, AZ 85034
0.38
-
3
2
8,390
Off Market

Local Information

  • Map ViewExplore the area around 2525 E Monroe Street.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1962
Living Area
2,484 sqft
Price/Sqft
$253
Parking
6 Open Spaces

About this House

Monroe 4 (''the property'') is a 4-unit apartment community located near the 24th Street and Van Buren Street intersection, positioned less than a mile from the intersection of three significant Phoenix Metro thoroughfares, Loop 202, Interstate 10, and AZ-51, offering outstanding mobility throughout Phoenix Metro. Located 2.3 Miles from Downtown Phoenix and 4 Miles from the Biltmore financial district, residents have access to some of Arizona's most dynamic professional corridors featuring employers such as Accenture, Ernst Young, Arizona State University, Cisco, Merrill Lynch, Charles Schwab, Humana, Fennemore Craig, and UBS. Developed in 1962, Monroe 4 is comprised entirely of two-bedroom floor plans, each offering an average of 621 square feet. Future ownership will have the opportunity to capitalize on the current below-market rents by raising new-lease rates to match those achieved by similar properties nearby. Additionally, there is also the opportunity to upgrade each of the 4 units with various interior finishes in order to realize the associated renovation premiums.
2525 E Monroe Street, Phoenix, AZ 85034 is a 8 bedroom, 4 bathroom, 2,484 sqft multi-family in Central City, built in 1962. It last sold for $570,000 on Aug 20, 2024 (14% below the $659,000 asking price). It is currently off market. The Trulia Estimate is $628,900, with a rent estimate of $1,456/month.

Home Details for 2525 E Monroe Street

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2484 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, Dishwasher, Refrigerator, MicrowaveDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Individual,Window/Wall Unit(s),ElectricHas CoolingAir Conditioning: Ceiling Fan(s),Wall/Window Unit(s),Electric,IndividualHas HeatingHeating Fuel: Individual
Gas & Electric
Electric: SRP, Individual MeterHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Floors: Carpet, Vinyl

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: >1 Space Per Unit
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 58

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Wood Frame, Painted, Stucco
Property Information
Parcel Number: 12163123

Price & Status

Price
List Price: $659,000
Status Change & Dates
Off Market Date: Thu Sep 05 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Phoenix
School Information
Elementary School District: Washington Elementary DistrictHigh School District: Phoenix Union High School District

Building

Building Area
Building Area: 2484 Square Feet

Community

Community Features: No Pool

Lot Information

Lot Area: 6969.6 sqft

Offer

Listing Terms: Conventional, 1031 Exchange, FHA

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Trash Collection, Water, Sewer

Miscellaneous

Mls Number: 6728959

Additional Information

No Pool
Last check for updates: about 20 hours ago
Listed by Christopher Paul Bay, (602) 320-8126
Marcus & Millichap
Bought with: Jonathan Michael Leaman, (602) 750-4285, America One Luxury Real Estate
Source: ARMLS, MLS#6728959
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price and Tax history

DateEventPrice
Aug 20, 2024
Source: ARMLS #6728959
Sold
$570,000
Jul 9, 2024
Source: ARMLS #6728959
Listed For Sale
$659,000
Feb 1, 2020
Source: Agent Provided
ListingRemoved
$299,000
Dec 8, 2019
Source: Agent Provided
Listed For Sale
$299,000
May 3, 2019
Source: Agent Provided
ListingRemoved
$269,900

Market trends in Central City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$358K
$6.5KMoM
Sale-to-List Price
—
Price per sq ft
$315
$1MoM
Available listings
130
20MoM
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Around this home

Neighborhood Overview

Central City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central City

At least 450 Trulia users voted on each feature.

  • 84 % Say there are sidewalks

  • 75 % Say it's dog friendly

  • 70 % Say car is needed

  • 67 % Say there's holiday spirit

  • 66 % Say yards are well-kept

  • 64 % Say it's walkable to restaurants

  • 63 % Say parking is easy

  • 54 % Say streets are well-lit

  • 51 % Say it's quiet

  • 51 % Say people would walk alone at night

  • 49 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 42 % Say neighbors are friendly

  • 31 % Say there are community events

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Dog park is nearby but lots of dog poop does not get cleaned up there or around the neighborhood."
    0
    Flag
  • Jasmine Saenz
    "There is always people walking their dogs or going for a run as well as people on their bikes. There are a few groups that do activities with the community. Local shops are not far are at a good walking distance. "
    0
    Flag
  • Anita Battle
    "It’s nice for what I seen been here two and a half years now and many more years to go can’t wait to explore more of Phoenix "
    0
    Flag
  • Sonny_sonnenstein
    "Just moved to Phoenix - looking for a neighborhood/house. So far it seems like a great town - food, drinks, entertainment, culture."
    0
    Flag
  • Trulia User
    "I've lived downtown over 5 years, and it's pretty safe overall. Minimal noise after business hours, but events and game traffic can get noisy. "
    4
    Flag
  • Trulia User
    "I've lived downtown for 5 yrs and the energy is great. The best part is the easy commute due to being centrally located; "
    5
    Flag
  • Trulia User
    "There is an excellent elementary school in Garfield. The families are what make the neighborhood great. In addition there are a lot of students & ASU employees. It’s close to everything downtown - arts, sports, and restaurants. Other than some transient people that you see anywhere these days, it’s a super cool mix of old & new Phoenix. "
    0
    Flag
  • Trulia User
    "I think the area is a good fit for families and animals, quite well crafted lawn and trees price fairly equal "
    0
    Flag
  • Trulia User
    "I have lived here for over two years and love it. I take the light rail everywhere. Plus every weekend there’s always something new to try and do here."
    8
    Flag
  • Trulia User
    "Lots of shops and things to do in this area. First Friday as well and it is very exciting to be here on that days. "
    6
    Flag
  • Trulia User
    "I love homey feeling in this neighborhood It’s a diamond in a rough place to call home. I love artsy vibe there are many cool places to go"
    4
    Flag
  • Trulia User
    "This neighborhood is safer than the surrounding and it has good schools. The are a alot of places to spend family time. The businesses are affordable. It's a welcoming atmosphere."
    2
    Flag
  • Trulia User
    "Great walking distance to bars and restaurants downtown. Near the farmers market on Saturdays and the baseball stadium. "
    0
    Flag
  • Trulia User
    " By car, 15 usually, up to 25 with traffic as work is farther uptown. Just fine, know which streets to avoid. "
    0
    Flag
  • Trulia User
    "I come here alot and I'm always comfortable in the neighborhood no one ever bothers me everyone is always kind and sticks "
    1
    Flag
  • Trulia User
    "There is a lot of history and some charm, however with the freeways close by and the amount of alley ways that are present in about 95% of the properties; this area gets a lot of homeless, dumpster divers, gang bangers and scouts on the look out for burgarlizing homes. we have to be very vigilant when it comes to our exterior and the back of our home due to very unsafe and unpatroled alley ways."
    0
    Flag
  • Trulia User
    "With supervision, kids can thrive here... I know this because I raised my own children in this area. Phoenix is an enormous city now and logic and prudence should prevail. It's super convenient and equadistant to everyone and everything in the valley! "
    0
    Flag
  • Trulia User
    "The area is affordable and not much else. No local culture and most amenities are a 10 minute drive away. "
    1
    Flag
  • Trulia User
    "a lot of nosey neighbors and complainers on dogs with or without leashes its always something and always too many dog walkers in evening everyone is out with a dog and rude when walking by with yours"
    0
    Flag
  • Vpyle34
    "Traffic is not bad close to the freeways. Easy to get around lots of cops and homeless people though"
    4
    Flag
  • Hiram D.
    "much culture and bars, galleries, cafes... such a good things to do. area is growing up so fast and easy to get everything. a new supermarket. you can walk by all downtown and find new restaurants and great people"
    7
    Flag
  • Meaganannt
    "There’s a lot of homeless in the area. However, there’s a lot of history and culture that children could be exposed to. "
    5
    Flag
  • Maria B.
    "A dog park would be nice and trying to keep the neighborhood clean for all purpose and have everything in order"
    0
    Flag
  • Juliamcswain2017
    "There are 2 dog parks right on the corner of 3rd Ave and Culver St, plus Margaret T Hance park is usually a nice place to walk your dog as well. Dogtopia has also recently opened a facility on the corner of 3rd Ave and McDowell."
    1
    Flag
  • Marysol B.
    "Strong police presence in this neighborhood.. high crime zone... Train passes in the middle of the night.. too many homeless and street people constantly walking by"
    5
    Flag
  • John T.
    "Central location and it makes it easy to explore what Phoenix has to offer, the Phoenix Public Library and Phoenix Art Museum are readily available. "
    1
    Flag
  • Taylor S.
    "Against the traffic is super nice commuting out to Tempe. The tunnel gets most backed up but otherwise, the 9-5 commute is super easy."
    3
    Flag
  • Clementyne.wanders
    "Lots of dog friendly bars/restaurants in the area. Many dog owners in the area that love their puppers as if they were their own babies."
    0
    Flag
  • Alda P. D.
    "Cultural diverse, proactive community with a variety of social spots. Near airport and many amenities within a easy commute distance."
    0
    Flag
  • Mljuarezrubio82
    "Dog owners are irresponsible and just let theirs dogs run the streets. They turn them lose they don’t feed them they don’t groom them. They let them starve and toss them out. "
    0
    Flag
  • Shamlolldesombra1008
    "The commute downtown is 5 minutes . Nice area to live Grocery stores near by hjjkkkkkj the time you come get "
    0
    Flag
  • Michelle B.
    "I drive or Uber my way to work. there always seems to be lots of traffic to downtown locations. always construction"
    2
    Flag
  • Deetbornton6153
    "lots of families with young school age children, everyone is pleasant to communicate with, no loud parties"
    2
    Flag
  • Eric M.
    "My neighborhood has access to public transportation in the means of the city bus. Unfortunately the light rail doesn't go that far west. I drive, so I hop on the I10 and can get to the downtown area rather quickly depending on time of day. "
    1
    Flag
  • Oscar M.
    "easy to commute around the city by foot, bike or scooter. Everything I would need is right around the corner. "
    0
    Flag
  • Jay.proformance
    "boating and fishing. There is great ethnc diversity and people of all ages. Closeness to the airport, malls and restaurants make it special."
    1
    Flag

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Homes for sale near 2525 E Monroe Street

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Off Market Homes Near 2525 E Monroe Street

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Frequently asked questions about 2525 E Monroe Street

  • What is 2525 E Monroe Street estimated to be worth?
    Trulia's estimated value for 2525 E Monroe Street in Phoenix, AZ is $628,900.
  • What is the price history for 2525 E Monroe Street?
    2525 E Monroe Street in Phoenix, AZ last sold for $570,000 in August 2024.
  • Is Phoenix a buyer's or seller's market?
    Phoenix is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Phoenix?
    The median sale price in Phoenix is $358K. That is up $6.5K from the prior month.
  • Does 2525 E Monroe Street have air conditioning?
    Yes, 2525 E Monroe Street in Phoenix, AZ has air conditioning.
  • Does 2525 E Monroe Street have parking?
    Yes, 2525 E Monroe Street in Phoenix, AZ has on-site parking.