1538 W MCKINLEY Street, Phoenix, AZ 85007
1538 W MCKINLEY Street, Phoenix, AZ 85007
1538 W MCKINLEY Street, Phoenix, AZ 85007
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$624,900
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4 Beds
Active

1538 W MCKINLEY Street Phoenix, AZ 85007

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Michael Vallee

Michael Vallee

+1(480) 848-5780

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Homestead Place

MLS Listing ID 7081271

Bedrooms 4

Year Built 1931

Annual Tax Amount $3,311

Tax Year 2025

Lot Dimensions 52' X 121'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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.

Location

State AZ

County Maricopa

Community Homestead Place

Area Maricopa

Zoning R5

Interior

Heating Electric

Cooling Ceiling Fan(s), Electric

Flooring Ceramic Tile

Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Sewer - Public

Water Master Meter

New Construction No

Schools

Elementary Schools Capitol Elementary School

Middle Schools Capitol Elementary School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-25-032-A

Ownership Fee Simple

Acceptable Financing No Carry, Conventional, 1031 Exchange

Disclosures None

Listing Terms No Carry, Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Realty Executives Arizona Territory • Jorge Munoz

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Michael Vallee
Michael Vallee

Agent Mortgage Loan Officer 2665457

+1(480) 848-5780 | michael@valleerealty.com

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1538 W MCKINLEY Street