Courtesy of Marcus & Millichap
Property Description
Extremely rare newer vintage duplex on over 0.5 acre parcel with the opportunity of adding additional units, McKinley II presents a unique value-add multifamily offering. Built in 2004 and consisting of 2 oversized 3-bed, 1-bath floorplans averaging 1,100 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market and build additional unit(s) on the parcel. Alternatively, the property is well positioned for an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Disposal
- Refrigerator
- Free-Standing Electric Oven
- Washer/Dryer
- W/D Hookup
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Bathrooms
- 4 total bathrooms
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Bedrooms
- 6 total bedrooms
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Building
- Built in 2004
- 1 building
- Construction Materials: Wood Frame, Stucco
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Cooling
- Central Air
- Electric
- Individual
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Disclosures
- None
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Expenses
- Electric: $200
- Gardener: $1,200
- Insurance: $1,000
- Maintenance: $800
- Operating: $10,164.1
- Trash: $1,200
- Water/Sewer: $2,000
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Exterior Features
- Sidewalk(s)
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Floors
- Tile
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Heating
- Individual
- Electric
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Income
- Gross Income: $39,382.2
- Gross ScheduledIncome: $39,240
- Net Operating Income: $39,382.2
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Listing
- Listing ID: 7069832
- Standard Status: Active
- MLS Status: Active
- 16 days on market
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Location
- Subdivision: BUMBALOW HEIGHTS BLK 1
- County/Parish: Maricopa
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Lot
- Dimensions: 24788 SF
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 4 open parking spaces
- 4 total parking spaces
- Paved
- >1 Space Per Unit
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Roof
- Composition
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Schools
- Elementary School District: Creighton Elementary District
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 116-08-039
- Annual Amount: $1,324.1
- Tax Book Number: 116.00
- Lot: 13
- Year: 2025
- Zoning: R-4
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Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 6, 2026 9:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.