Contact Us About This Property

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.

Arizona Regional MLS, MLS#: 7103349
Listed By: Matthews of Arizona, Bradley Skenderian, 866-889-0550
Co-listed By: Kyle Inman, kyle.inman@matthews.com

No upcoming open house dates. Check back later.

Bedrooms

  • Total Bedrooms: 13

Bathrooms

  • Total bathrooms: 9

Appliances

  • Built-In Range
  • Free-Standing Range
  • Other
  • Refrigerator
  • Microwave

Community Features

  • No Pool

Construction Materials

  • Other
  • Wood Frame
  • Painted
  • Stucco

Cooling

  • Central Air
  • See Remarks
  • Varies by Unit

Electric

  • APS
  • Individual Meter

Flooring

  • Other
  • Ceramic Tile

Heating

  • See Remarks
  • Varies by Unit
  • Heat Pump
  • Electric

Parking Features

  • Other
  • >1 Space Per Unit
  • On Street

Road Surface Type

  • Concrete
  • Asphalt

Roof

  • Other
  • Composition
  • Rolled/Hot Mop

Sewer

  • Public Sewer

WaterSource

  • City Franchise
Google Map Goes Here

Schedule a Showing
Listed By:
Matthews of Arizona
Bradley Skenderian
866-889-0550
Kyle Inman, kyle.inman@matthews.com

Data Source: Arizona Regional MLS

MLS#: 7103349

Data Source Copyright: © 2026 Arizona Regional MLS All rights reserved.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS© 2026.

This property was listed on 11/6/2026 and last updated as of 11/6/2026 4:18:25 PM. OSI IDX updated the data from Arizona Regional MLS on 11/8/2026 at 2:17 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.