2142 E McKinley Street Phoenix, AZ $ 575,000
2142 E McKinley Street
$ 575,000
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2142 E McKinley Street

Phoenix, AZ, 85006
$ 575,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 3,631

2142 E McKinley Street, Phoenix, AZ 85006 - Image 1
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2142 E McKinley Street, Phoenix, AZ 85006 - Image 5
2142 E McKinley Street, Phoenix, AZ 85006 - Image 6
2142 E McKinley Street, Phoenix, AZ 85006 - Image 7
2142 E McKinley Street, Phoenix, AZ 85006 - Image 8
2142 E McKinley Street, Phoenix, AZ 85006 - Image 9
2142 E McKinley Street, Phoenix, AZ 85006 - Image 10
2142 E McKinley Street, Phoenix, AZ 85006 - Image 11
2142 E McKinley Street, Phoenix, AZ 85006 - Image 12
2142 E McKinley Street, Phoenix, AZ 85006 - Image 13
2142 E McKinley Street, Phoenix, AZ 85006 - Image 14

Multi-Family Home for sale in Phoenix, AZ

for $575,000 with 6 bedrooms. This home was built in 2004.

Extremely rare newer vintage duplex on over 0.5 acre parcel with the opportunity of adding additional units, McKinley II presents a unique value-add multifamily offering. Built in 2004 and consisting of 2 oversized 3-bed, 1-bath floorplans averaging 1,100 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market and build additional unit(s) on the parcel. Alternatively, the property is well positioned for an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

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Multi-Family Active

Price

$ 575,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 1,324

Style

Multiple Dwellings

Year Built

2004

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7069832

Features
General
Sewer Public Sewer
Heating Individual Electric
Cooling Central Air Electric Individual
Roof Composition
Zoning R-4
Construction Materials Wood Frame Stucco
Year Built 2004
Electric APS
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 39382.24
Community Features See Remarks
County Maricopa
Net Operating Income 39382.24
Operating Expense 10164.1
Insurance Expense 1000.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 800.0
Subdivision Name BUMBALOW HEIGHTS BLK 1
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 2
Carport Y/N N
Tax Annual Amount 1324.1
Electric Expense 200.0
Trash Expense 1200.0
Water Sewer Expense 2000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Elementary School District Creighton Elementary District
Tax Lot 13
Cap Rate 6.85
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Paved >1 Space Per Unit
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 24788 SF
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 6
Total Baths 4
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Internal Only
Street Number 1 2142
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* Excluded Features
List By
Marcus & Millichap

Broker

paul.bay@marcusmillichap.com

Email

Affordability Calculator

$3,741
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$110
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$575,000 Listed Price

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2142 E McKinley Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $575,000. 2142 E McKinley Street has 6 bedrooms, 0.0 baths, and was built in 2004. The property's zip code is 85006 which is in Phoenix, AZ