Search
Updated Triplex with Private Yards
For Sale
$624,900

1538 W MCKINLEY Street, Phoenix, AZ 85007

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market29

Property Features for 1538 W MCKINLEY Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4
Parking features Carport
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Subdivision HOMESTEAD PLACE
Elementary school Capitol Elementary School
Middle school Capitol Elementary School
High school Central High School
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active
APN 111-25-032-A

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 3311
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

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Electric

Amenities

in-unit washer/dryer
dishwasher
private fenced yard/patio areas
low-maintenance desert landscaping

Building Details

Year built 1931
Number of units 3
Flooring type Tile - Ceramic
Building materials Wood Frame, Painted, Stucco
Roof type Composition
Listing Agency: Realty Executives Arizona Territory · Realty Executives International
Listed By: Jorge Munoz
Added: Sep 8 Changed: Sep 24 Last Checked: Oct 6 at 9:06AM
MLS# 7081271

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.

Investment Insights

Based on property information with market context.

This triplex at 1538 W McKinley Street comprises three separately accessed residences: one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Renovated interiors include wood-look tile flooring, white shaker cabinets, quartz countertops, stainless-steel appliances, and tiled walk-in showers. Each residence has an in-unit washer/dryer and dishwasher. Private fenced yard or patio areas accompany low-maintenance desert landscaping, while parking includes two covered spaces at the rear. Two units received newer HVAC systems during the prior renovation.

Built in 1931 and zoned R5, the property is served by public sewer and features wood-frame construction with painted stucco, ceramic tile flooring, a composition roof, electric heating, and electric cooling. The property is positioned near Phoenix’s Roosevelt Arts District, Downtown, Roosevelt Row, and employment, dining, and entertainment destinations.

Key Highlights

  • Three separately accessed residences with a 2‑bedroom/1‑bath unit and two 1‑bedroom/1‑bath units
  • Private fenced yards or patios with low‑maintenance desert landscaping
  • Two covered parking spaces at the rear, plus off‑street parking

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Barber Shop Daycare Center Nail Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,222
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Renovated interiors, in-unit laundry, dishwashers, private outdoor areas, and off-street parking support residential leasing appeal.
Where is this triplex located?
The property is located at 1538 W MCKINLEY Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Three separately accessed residences with a 2‑bedroom/1‑bath unit and two 1‑bedroom/1‑bath units; Private fenced yards or patios with low‑maintenance desert landscaping; Two covered parking spaces at the rear, plus off‑street parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again