2203 E Mckinley St Phoenix, AZ 85006
Central City NeighborhoodEstimated payment $9,783/month
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Window Unit Heating System
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
Located in an Opportunity Zone!
McKinley apartments is a 10-unit multifamily opportunity located in the East Side Submarket of Phoenix, Arizona. Originally built in 1964 and updated under current and prior ownership, this asset is strategically positioned near the Phoenix Sky Harbor International Airport. Supporting this location are several economic drivers including education, leisure and hospitality, and financial services. The roof is in like-new condition, the entire exterior has been refinished, and interiors have received updates to accommodate the current tenant base.
Additionally, the property has a strong rapport with HOM Inc, providing strong rents and hands-off marketing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,070
Year Built
- Built in 1964
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 15 Open Parking Spaces
- 15 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Heating System
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 116-03-090-G
Community Details
Overview
- 10 Units
- Building Dimensions are Normal
- Monmouth Park Lots 13 24 Subdivision
Building Details
- Operating Expense $2,070
- Gross Income $153,083
- Net Operating Income $130,261
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Price Changed | $1,725,000 | -6.8% | -- |
| 03/03/2025 03/03/25 | For Sale | $1,850,000 | 0.0% | -- |
| 03/01/2025 03/01/25 | Off Market | $1,850,000 | -- | -- |
| 09/12/2024 09/12/24 | For Sale | $1,850,000 | +12.1% | -- |
| 08/31/2023 08/31/23 | Sold | $1,650,000 | 0.0% | $1,571 / Sq Ft |
| 08/13/2023 08/13/23 | For Sale | $1,650,000 | +289.2% | $1,571 / Sq Ft |
| 05/18/2016 05/18/16 | Sold | $424,000 | -0.2% | $404 / Sq Ft |
| 05/01/2016 05/01/16 | Pending | -- | -- | -- |
| 03/01/2016 03/01/16 | For Sale | $425,000 | -- | $405 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6757832
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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