The Flip Potential of 1529 E Monroe St Phoenix, AZ 85034🏡 is medium.
Current Specs
0 Bed / 1 Bath
1,232 sqft
$272 per sqft
Estimated Value$334,890
Flip Advice
This property at 1529 E Monroe St sits in Phoenix’s Central City, a hot market forecasted for price growth in 2025. Its current value estimates range widely, from about $277K to $394K. Nearby comps show similar homes selling around $410K–$418K, with a median price per square foot near $289. The home’s 1,232 sq ft is a bit below the comp average, but the lot is generously sized for the neighborhood.
If you’re considering a flip, focus on cost-effective updates—think curb appeal, kitchen/bath refreshes, or adding a bedroom or bath if the layout allows. For current owners, sprucing up the home and marketing the large lot could attract buyers willing to pay a premium in this appreciating market. Don’t over-improve; match the upgrades to what’s typical for the area to maximize ROI.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1529 E Monroe St: