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For sale
  • $624,900

    1538 W MCKINLEY Street, Phoenix, AZ 85007

    4beds
    3baths
    1,680sqft
    : 
    $3,975/mo
    Get pre-qualified
    Multi Family
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $372/sqft
    $-- HOA

    What's special

    Low-maintenance desert landscapingPrivate outdoor spaceNewer hvac systemsOff-street parkingModern interiorsWhite shaker cabinetryQuartz countertops
    Turnkey triplex opportunity near the Roosevelt Arts District! This updated multifamily property offers an attractive combination of modern interiors, private outdoor space and features designed for strong tenant appeal. Currently generating $3,700/month in gross rents. The property consists of three individually accessed residences, including a 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Interiors have been extensively updated with wood-look tile flooring, white shaker cabinetry, quartz countertops, stainless-steel appliances and beautifully finished walk-in tile showers. Each residence also offers the convenience of an IN UNIT WASHER / DRYER and dishwasher features that help set these units apart from many competing rentals. Outside, residents enjoy private fenced yard/patio areas, low-maintenance desert landscaping and off-street parking, including two covered parking spaces at the rear. Two of the three units received newer HVAC systems as part of the prior renovation. With three separate residences, updated finishes and a central Phoenix location near Downtown, Roosevelt Row and major employment, dining and entertainment destinations, this property offers an excellent opportunity for an investor looking to add a renovated multifamily asset to their portfolio.
    38 days
    208
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Munoz 623-428-9693,

    Realty Executives Arizona Territory

    Source: ARMLS,MLS#: 7081271MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
      Features
      • Flooring: Ceramic Tile
      Interior area
      • Total structure area: 1,680
      • Total interior livable area: 1,680 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Carport
      • Has carport: Yes
      • Covered spaces: 2
      • Uncovered spaces: 3
      Lot
      • Size: 6,292 Square Feet
      • Dimensions: 52' x 121'
      Details
      • Parcel number: 11125032A
      • Zoning: R5

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted, Stucco
      • Roof: Composition
      Condition
      • Year built: 1931

      Utilities & green energy

      • Electric: APS
      • Sewer: Public Sewer
      • Water: Master Meter

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: HOMESTEAD PLACE
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $372/sqft
      • Annual tax amount: $3,311
      • Date on market: 9/8/2026
      • Cumulative days on market: 30 days
      • Listing terms: No Carry,Conventional,1031 Exchange
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/17/2026Listed for sale$624,900+10.6%$372/sqft
        Source: ARMLS #7081271 Report a problem
        5/30/2023Sold$565,000-5.8%$336/sqft
        Source: ARMLS #6512079 Report a problem
        4/6/2023Price change$599,900-1.5%$357/sqft
        Source: ARMLS #6512079 Report a problem
        4/3/2023Price change$609,000-0.2%$363/sqft
        Source: ARMLS #6512079 Report a problem
        3/13/2023Price change$610,000-1.5%$363/sqft
        Source: ARMLS #6512079 Report a problem
        3/7/2023Price change$619,000-1.7%$368/sqft
        Source: ARMLS #6512079 Report a problem
        2/26/2023Price change$630,000-1.4%$375/sqft
        Source: ARMLS #6512079 Report a problem
        1/26/2023Listed for sale$639,000+239.9%$380/sqft
        Source: ARMLS #6512079 Report a problem
        9/24/2020Sold$188,000$112/sqft
        Source: ARMLS #6128446 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central City

        Getting around

        81 / 100
        Very Walkable
        48 / 100
        Some Transit
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Capitol Elementary School
        • Middle: Capitol Elementary School
        • High: Central High School
        • District: Phoenix Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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