2203 E MCKINLEY Street, Phoenix, AZ 85006
$1,350,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,350,000
Last Modified:
8/07/2025
Overview
Description
Listing Details MLS# 6757832
Location, Tax & Legal
- House Number
- 2203
- Compass
- E
- Street Name
- MCKINLEY
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85006
- Zip4
- 3833
- Country
- US
- County Code
- Maricopa
- Subdivision
- MONMOUTH PARK LOTS 13-24
- Assessor Number
- 116-03-090-G
- Tax Year
- 2023
- Assessor's Map #
- 3
- Legal Description (Abbrev)
- MONMOUTH PARK LOT 22 N 114.94F OF S 555.56F
- Assessor's Parcel #
- 90
- Assessor Parcel Ltr
- G
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 113300
- Taxes
- 2070
- Legal
- MONMOUTH PARK LOT 22 N 114.94F OF S 555.56F
- Marketing Name
- McKinley Street Apartment
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- Normal
- Year Built
- 1964
- Uncvrd Parking Spcs
- 15
- Total # of Units
- 10
- # of Buildings
- Yes
- Zoning
- R-4
- Flood Zone
- No
- Elementary School District
- Creighton Elementary District
- High School District
- Phoenix Union High School District
Remarks Misc
- Cross Street
- 21st Place & McKinley St
Status Change Info
- Off Market Date
- 2025-08-07
- Under Contract Date
- 2025-07-07
- Close of Escrow Date
- 2025-08-06
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 3
- Lot Number
- 22
More Information
Income Expenses
- Gross Annual Sch Inc
- 161139.68
- Net Operating Income
- 130260.71
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Yes
- Phone Call
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 10
- Avg Rent
- 1540
- Avg SqFt
- 550
Sold Info
- Loan Type
- Exchange
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 2070
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 153082.7
Pmt & Rate Info
- Cap Rate
- 7.55
- Equity
- 1725000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
- Window/Wall Unit(s)
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Window/Wall Unit
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
Tenant Pays
- None
- Yes
Appliances Included
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
- Paved
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Electric
- Yes
- Trash Collection
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping
Appliances Included:
Free-Standing Range; Refrigerator; Microwave
Heating:
Window/Wall Unit(s)
Cooling:
Ceiling Fan(s); Window/Wall Unit
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
>1 Space Per Unit; Paved
Road Surface Type:
Asphalt
Owner Pays:
Water; Electric; Trash Collection
Tenant Pays:
None
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
New Financing:
Cash; Conventional; 1031 Exchange
Environmental:
None
Listing Office:
Orion Investment Real Estate
Last Updated: August - 07 - 2025
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