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$624,900
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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.
Full Property Details
Full Property Details for 1538 W McKinley St
General
- Price: $624,900
- Taxes: $3,311 (2025)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7081271
- Updated: 9/18/2026
- Added to Site: 11 day(s) ago
Interior
- Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Carport
Location
- County: Maricopa
- Township: 1N
- Subdivision: HOMESTEAD PLACE
- Cross Streets: Roosevelt and 15th ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Water: Master Meter
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition
- Year Built: 1931
Lot Features
- Lot Dimensions: 52' x 121'
- Frontage: Concrete
- Zoning: R5
Financial Considerations
- Tax Amount: $3,311
- Tax Year: 2025
- Terms: No Carry, Conventional, 1031 Exchange
- Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: PT OF SW4 SEC 6-T1N-3E & PT OF LTS 7 & 8 BLK 3 OF HOMESTEAD PL MCR 1-26 REFERRED TO AS LT 8 BLK 8 OF
- Property ID: 111-25-032-A
- Range: 3E
- Section: 6
- Block: 3
- Lot Number: 78
Listed by Realty Executives Arizona Territory
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Schools
Schools serving 1538 W McKinley St
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Capitol Elementary School 330 North 16th Avenue, Phoenix, AZ 85007 | PK-8 | 0.3 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1538 W McKinley St
Date
Details
Price
Change
Source
9/16/2026
Listed
$624,900
10.6%
MLS
4/17/2023
Sold
$565,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1538 W McKinley St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,311
—
$23,309
-46%
2025
$3,311
488%
$43,500
119%
2023
$563
4%
$19,850
6%
2022
$543
—
$18,700
70%
2022
$543
1%
$11,000
-17%
2021
$539
-1%
$13,300
6%
2020
$545
—
$12,500
36%
2019
$544
2%
$9,180
14%
2018
$535
2%
$8,050
44%
2017
$523
3%
$5,580
17%
2016
$508
8%
$4,750
55%
2015
$470
7%
$3,060
11%
2014
$438
9%
$2,760
22%
2013
$402
—
$2,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1538 W McKinley St
1538 W McKinley Street, Phoenix, AZ 85007 (MLS# 7081271) is a Triplex property with 4 bedrooms and 0 full bathrooms. 1538 W McKinley Street is currently listed for $624,900 and was received on September 16, 2026. Want to learn more about 1538 W McKinley Street? Do you have questions about finding other Triplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

