About This Home

This 4-bedroom, 3-bathroom residential multi family at 1538 W MCKINLEY Street in Phoenix, AZ is listed for $624,900. Built in 1931, on a N/A lot.

Key Features

  • Built in 1931

Property Details

3 full
1931

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$3,342/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

1538 W MCKINLEY Street

Phoenix, AZ 85007

HOMESTEAD PLACE

Property Details

Flooring

Tile - Ceramic

Construction

Wood Frame Painted Stucco

Parking

Carport

Heating

Electric (Heating)

Cooling

ElectricCeiling Fan(s)

Appliances

Free-Standing RangeDisposalDishwasherRefrigeratorMicrowaveWasher/Dryer

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 1538 W MCKINLEY Street is listed at $624,900. The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931.

This property is listed by Jorge Munoz.

JM

Jorge Munoz

Agent at Realty Executives Arizona Territory

Listed by Realty Executives Arizona Territory · Broker phone: (602) 369-3691 · View on Broker Site · Broker website

MLS# 7081271· Source: Arizona Regional Multiple Listing Service, Inc.· 52 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1538 W MCKINLEY Street, Phoenix, AZ 85007

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