Back 1646 E McKinley St
Off Market

1646 E McKinley St

Phoenix AZ 85006

Multi-Family
Last sold for $275,000
Mark SkelpsaMark Skelpsa, last sold this property on 28 September 2018 after -978 days on market.

Overview

GPCI Multifamily is pleased to offer for sale this McKinley Street fourplex in Downtown Phoenix. With repositioning and new development all around, this fourplex offers a great value add opportunity and huge rent upside. It is conveniently located close to everything: Garfield Historic District is just one block away. Edison Elementary School is immediately across the street, a big draw for families. St. Luke's Medical Center is only two blocks away, a big employer. The Ranch Market is a large grocery store only three blocks away. Phoenix Sky Harbor Airport is less than three miles away. There are two 2-bed units and two 1-bed units. All units are individually metered (electric and gas). All have tile floors throughout and large private back yards. Three of the units have been... ...upgraded to roof top ACs. One evap cooler is left to complete. The roof is newer. The property is fully occupied. It is well positioned to enjoy the growth of this dynamic neighborhood of Central Phoenix!

Features

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 1646 E McKinley St is $545k.

Median value
$545k
Estimated value range
$100k - $1.35m
Median days on market
71
Estimated value trend
-28%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1646 E McKinley St

2018
Sold
$275,000
28 Sep 2018 by Mark Skelpsa, of GPCI AZ
2014
Sold
$124,000
26 Nov 2014 by Yvonne Barmettler, of Fine Properties

Happy sellers in Phoenix

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We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.

Local market activity for multi families in Phoenix

In the last 12 months, 17 multi families similar to 1646 E McKinley St, have been sold.

This represents a 32% increase in multi families sales when compared to the previous 12 months.

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