Multifamily Property in Historic
For Sale
$1,200,000
925 E McKinley St, Phoenix, AZ 85006
For-sale multifamily asset in the Garfield Historic District with convenient access to Downtown Phoenix employers.
Property SizeContact for details
Days on Market75
Property Features for 925 E McKinley St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
95%
Additional Details
Cap Rate
3.38%
Highway Access
Yes
Amenities
Approximately 7% mark-to-market opportunity remains, providing investors a clear path to increase revenue and cash flow.
Recent improvements include upgraded interiors, modern finishes, secure gated parking, new paint, and enhanced outdoor amenities.
Located in the Garfield Historic District, offering walkable access to Downtown Phoenix employment, dining, entertainment, and transit corridors.
Building Details
Units
6
Tenancy
Multi
Listing Agency:
(602) 687-6704
Listed By:
Keith Fraser · License #License(s): AZ: SA720201000
(602) 687-6704
Source:
Marcusmillichap
Added: Jun 9
Changed: Aug 8
Last Checked: Aug 21 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keith Fraser
Investment Insights
Based on property information with market context.
925 E McKinley St is a for-sale multifamily property located in the Garfield Historic District near Downtown Phoenix. The listing highlights its position within an established infill area and proximity to major downtown destinations.
The property’s access is supported by nearby transportation routes, including Interstate 10, Loop 202, SR-51, and the Valley Metro Light Rail system. The surrounding area is described as having nearby employment, dining, and entertainment corridors, with close proximity to Roosevelt Row, Arizona State University Downtown Campus, and Banner University Medical Center.
This central location may appeal to investors seeking a downtown-oriented multifamily holding with tenant adjacency to university and healthcare employment centers. The asset is presented as part of an urban, walkable setting with convenient links across the Phoenix metro area via major freeways and light rail.
The property’s access is supported by nearby transportation routes, including Interstate 10, Loop 202, SR-51, and the Valley Metro Light Rail system. The surrounding area is described as having nearby employment, dining, and entertainment corridors, with close proximity to Roosevelt Row, Arizona State University Downtown Campus, and Banner University Medical Center.
This central location may appeal to investors seeking a downtown-oriented multifamily holding with tenant adjacency to university and healthcare employment centers. The asset is presented as part of an urban, walkable setting with convenient links across the Phoenix metro area via major freeways and light rail.
Key Highlights
- Multifamily asset at 925 East McKinley Street in the Garfield Historic District near Downtown Phoenix
- Close to Roosevelt Row, Arizona State University Downtown Campus, and Banner University Medical Center
- Convenient MSA access via Interstate 10, Loop 202, and SR‑51
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,769
Businesses Nearby
Explore this area
Business Placement
Demographics for 85006, AZ
23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - For-sale multifamily asset in the Garfield Historic District with convenient access to Downtown Phoenix employers.
Where is this specialty property located?
The property is located at 925 E McKinley St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Multifamily asset at 925 East McKinley Street in the Garfield Historic District near Downtown Phoenix; Close to Roosevelt Row, Arizona State University Downtown Campus, and Banner University Medical Center; Convenient MSA access via Interstate 10, Loop 202, and SR‑51
