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$1,350,000
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Property Description
Located in an Opportunity Zone! McKinley apartments is a 10-unit multifamily opportunity located in the East Side Submarket of Phoenix, Arizona. Originally built in 1964 and updated under current and prior ownership, this asset is strategically positioned near the Phoenix Sky Harbor International Airport. Supporting this location are several economic drivers including education, leisure and hospitality, and financial services. The roof is in like-new condition, the entire exterior has been refinished, and interiors have received updates to accommodate the current tenant base. Additionally, the property has a strong rapport with HOM Inc, providing strong rents and hands-off marketing.
Full Property Details
Full Property Details for 2203 E McKinley
General
- Sold For: $1,350,000
- Taxes: $2,070 (2023)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6757832
- Added to Site: 486 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Parking Features: Paved, >1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: MONMOUTH PARK LOTS 13-24
- Cross Streets: 21st Place & McKinley St
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Air Conditioning
- Heating Type: Window/Wall Unit(s), Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Composition
- Year Built: 1964
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: Normal
- Frontage: Asphalt
- Zoning: R-4
Financial Considerations
- Tax Amount: $2,070
- Tax Year: 2023
- Terms: Conventional, 1031 Exchange
- Owner Pays: Electricity, Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: MONMOUTH PARK LOT 22 N 114.94F OF S 555.56F
- Property ID: 116-03-090-G
- Range: 3E
- Section: 3
- Lot Number: 22
Listed and Sold by Orion Investment Real Estate
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Schools
Schools serving 2203 E McKinley
School Districts:Creighton Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Excelencia School 2181 East McDowell Road, Phoenix, AZ 85006 | K-8 | 0.5 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2203 E McKinley
Date
Details
Price
Change
Source
8/06/2025
Sold
$1,350,000
-15.57%
MLS
6/18/2025
Price Reduced
$1,599,000
-5.89%
MLS
5/16/2025
Price Reduced
$1,699,000
-1.51%
MLS
3/26/2025
Price Reduced
$1,725,000
-6.76%
MLS
9/16/2024
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2203 E McKinley, Phoenix, AZ 85006 (MLS# 6757832) is a Multi-Family property that was sold at $1,350,000 on August 06, 2025. Want to learn more about 2203 E McKinley? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

