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.
Sold for $1,350,000
$1,350,000
2203 E MCKINLEY Street, Phoenix, AZ 85006
2beds
2baths
5,500sqft
Multi Family
Built in 1964
-- sqft lot
$1,336,200 Zestimate®
$245/sqft
$1,616 Estimated rent
Home value
$1,336,200
$1.22M - $1.47M
$1,616/mo
Zestimate® history
Owner options
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$1,616/mo
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$1,616/mo
Rent Zestimate®
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$6,169/mo
Est. payment
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$6,169/mo
Est. payment
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Interiors have received updates
Zillow last checked:
Listing updated:
Listed by:
Colt Siler 623-533-1746,
Orion Investment Real Estate,
Garrett K Hemeyer 480-848-3168,
Orion Investment Real Estate
Bought with:
Colt Siler, SA691810000
Orion Investment Real Estate
Garrett K Hemeyer, SA684184000
Orion Investment Real Estate
Source: ARMLS,MLS#: 6757832
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Window/Wall Unit(s), Electric
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 5,500
- Total interior livable area: 5,500 sqft
Property
Parking
- Total spaces: 15
- Parking features: Paved, >1 Space Per Unit
- Uncovered spaces: 15
Details
- Parcel number: 11603090G
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1964
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: MONMOUTH PARK LOTS 13-24
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $245/sqft
- Annual tax amount: $2,070
- Date on market: 12/31/2024
- Cumulative days on market: 324 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2025 | Sold | $1,350,000-15.6%$245/sqft |
Source:  ARMLS #6757832 Report a problem | ||
| 6/18/2025 | Price change | $1,599,000-5.9%$291/sqft |
Source: ARMLS #6757832 Report a problem | ||
| 5/16/2025 | Price change | $1,699,000-1.5%$309/sqft |
Source: ARMLS #6757832 Report a problem | ||
| 3/26/2025 | Price change | $1,725,000-6.8%$314/sqft |
Source: ARMLS #6757832 Report a problem | ||
| 9/16/2024 | Listed for sale | $1,850,000+12.1%$336/sqft |
Source: ARMLS #6757832 Report a problem | ||
| 8/31/2023 | Sold | $1,650,000$300/sqft |
Source: ARMLS #6592045 Report a problem | ||
| 8/13/2023 | Listed for sale | $1,650,000+289.2%$300/sqft |
Source: ARMLS #6592045 Report a problem | ||
| 5/2/2016 | Listing removed | $424,000$77/sqft |
Source: Realty Executives #5406584 Report a problem | ||
| 3/30/2016 | Price change | $424,000-0.2%$77/sqft |
Source: Realty Executives #5406584 Report a problem | ||
| 3/2/2016 | Listed for sale | $425,000+63.5%$77/sqft |
Source: Realty Executives #5406584 Report a problem | ||
| 11/8/2014 | Listing removed | $259,900$47/sqft |
Source: Realty One Group #5070078 Report a problem | ||
| 2/15/2014 | Listed for sale | $259,900$47/sqft |
Source: Realty One Group #5070078 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central City
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Nearby schools
GreatSchools rating
- 1/10Excelencia SchoolGrades: K-8Distance: 0.5 mi
- 2/10North High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- District: Creighton 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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Estimated market value
$1,336,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,336,200
- Arizona
- Maricopa County
- Phoenix
- 85006
- Central City
- 2203 E MCKINLEY Street
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