2203 E Mckinley Street, Phoenix, AZ 85006

$1,350,000

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Sold Price
$1,350,000
List Price
$1,599,000
Closing Date
Aug 06, 2025
Days on Market
329
Status
CLOSED
MLS#
6757832
City
Phoenix
Subdivision
Monmouth Park Lots 13-24
Year Built
1964

Property Description

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.

Additional Information

School District
Phoenix Union High School District
Community Features
No Pool
Construction
Painted, Block
Cooling
Ceiling Fan(s), Window/Wall Unit
Electric
APS
Flooring
Ceramic Tile
Heating
Window/Wall Unit(s), Electric
New Financing
Conventional, 1031 Exchange
Parking Features
Paved, >1 Space Per Unit
Roofing
Composition
Sewer
Public Sewer
Subdivision
Monmouth Park Lots 13-24
Taxes
$2,070
Tax Year
2023
Units
10
Water
City Franchise
Zoning
R-4

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Orion Investment Real Estate. Selling Office: Orion Investment Real Estate.