Seller's Agent in 2025
Colt Siler
Orion Investment Real Estate
(480) 355-2222
2 in this area
16 Total Sales
2203 E Mckinley St Phoenix, AZ 85006
Central City Neighborhood
6
Beds
10
Baths
1,050
Sq Ft
1964
Built
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Window Unit Heating System
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of August 2025Located 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.
Last Agent to Sell the Property
Orion Investment Real Estate License #SA691810000 Listed on: 09/12/2024
Last Buyer's Agent
Orion Investment Real Estate License #SA691810000 Listed on: 09/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,070
Year Built
- Built in 1964
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 15 Open Parking Spaces
- 15 Parking Spaces
- Over 1 Space Per Unit
- Paved Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Heating System
Listing and Financial Details
- The owner pays for electricity, trash collection, water, sewer
- Tax Lot 22
- Assessor Parcel Number 116-03-090-G
Community Details
Overview
- 10 Units
- Building Dimensions are Normal
- Monmouth Park Lots 13 24 Subdivision
Building Details
- Operating Expense $2,070
- Gross Income $153,083
- Net Operating Income $130,261
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2024
Closed on
Jul 7, 2025
Sold by
Bought by
Seller's Agent
Colt Siler
Orion Investment Real Estate
Buyer's Agent
Colt Siler
Orion Investment Real Estate
List Price
$1,850,000
Sold Price
$1,350,000
Premium/Discount to List
-$500,000
-27.03%
Views
44
Purchase Details
Listed on
Aug 12, 2023
Closed on
Aug 31, 2023
Sold by
Bought by
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
JaCorey Lipsey
Blackhorne
List Price
$1,650,000
Sold Price
$1,650,000
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.88%
Purchase Details
Listed on
Mar 2, 2016
Closed on
May 17, 2016
Sold by
Bought by
Seller's Agent
Robert Passariello
Realty Executives Arizona Territory
Buyer's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
List Price
$425,000
Sold Price
$424,000
Premium/Discount to List
-$1,000
-0.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%
Original Mortgage
$324,000
Interest Rate
0.0359%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 25, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.036%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 27, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.036%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 20, 2014
Sold by
Bought by
Purchase Details
Closed on
Aug 23, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
0.0353%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 24, 2009
Sold by
Bought by
Purchase Details
Closed on
Jun 6, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
0.0614%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.0561%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 6, 2003
Sold by
Bought by
Purchase Details
Closed on
Dec 11, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
0.0657%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 12, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 17, 1979
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,350,000 | Clear Title Agency Of Arizona | ||
| $1,650,000 | American Title Service Agency | ||
| $424,000 | Chicago Title Agency Inc | ||
| $213,000 | Fidelity Natl Title Agency | ||
| -- | Security Title Agency | ||
| -- | None Available | ||
| $110,000 | Security Title Agency | ||
| $425,236 | Empire West Title Agency | ||
| $485,000 | Capital Title Agency Inc | ||
| $320,000 | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| $317,597 | Capital Title Agency Inc | ||
| $211,000 | Fidelity Title | ||
| -- | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,800,000 | ||
| Previous Owner | $2,800,000 | ||
| Previous Owner | $324,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $310,000 | ||
| Previous Owner | $110,000 | ||
| Previous Owner | $388,000 | ||
| Previous Owner | $240,000 | ||
| Previous Owner | $201,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $1,350,000 | -15.6% | $1,286 / Sq Ft | |
| 06/18/2025 06/18/25 | Price Changed | $1,599,000 | -5.9% | $1,523 / Sq Ft | |
| 05/16/2025 05/16/25 | Price Changed | $1,699,000 | -1.5% | $1,618 / Sq Ft | |
| 03/26/2025 03/26/25 | Price Changed | $1,725,000 | -6.8% | $1,643 / Sq Ft | |
| 03/03/2025 03/03/25 | For Sale | $1,850,000 | +37.0% | $1,762 / Sq Ft | |
| 03/01/2025 03/01/25 | Off Market | $1,350,000 | -- | -- | |
| 09/12/2024 09/12/24 | For Sale | $1,850,000 | +12.1% | $1,762 / Sq Ft | |
| 08/31/2023 08/31/23 | Sold | $1,650,000 | 0.0% | $1,571 / Sq Ft | View Prior Sale |
| 08/13/2023 08/13/23 | For Sale | $1,650,000 | +289.2% | $1,571 / Sq Ft | |
| 05/18/2016 05/18/16 | Sold | $424,000 | -0.2% | $404 / Sq Ft | View Prior Sale |
| 05/01/2016 05/01/16 | Pending | -- | -- | -- | |
| 03/01/2016 03/01/16 | For Sale | $425,000 | -- | $405 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,176 | $16,107 | ||
| 2024 | $2,070 | $15,340 | ||
| 2023 | $2,070 | $75,400 | $15,080 | $60,320 |
| 2022 | $1,989 | $54,160 | $10,830 | $43,330 |
| 2021 | $2,037 | $47,210 | $9,440 | $37,770 |
| 2020 | $1,987 | $39,360 | $7,870 | $31,490 |
| 2019 | $1,973 | $31,550 | $6,310 | $25,240 |
| 2018 | $1,933 | $25,030 | $5,000 | $20,030 |
| 2017 | $1,858 | $24,270 | $4,850 | $19,420 |
| 2016 | $1,786 | $19,480 | $3,890 | $15,590 |
| 2015 | $1,662 | $17,150 | $3,430 | $13,720 |
Source: Public Records
Agents Affiliated with this Home
-
Colt Siler
-
Garrett Hemeyer
Seller Co-Listing Agent in 2025
Garrett Hemeyer
Orion Investment Real Estate
(480) 848-3168
4 in this area
21 Total Sales
-
Michelle Hoogendoorn
Seller's Agent in 2023
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
(480) 829-3460
5 in this area
12 Total Sales
-
J
Buyer's Agent in 2023
JaCorey Lipsey
Blackhorne
-
Ryan Smith
R
Buyer Co-Listing Agent in 2023
Ryan Smith
Blackhorne
(480) 253-9061
2 in this area
67 Total Sales
-
Robert Passariello
Seller's Agent in 2016
Robert Passariello
Realty Executives
(480) 998-0676
4 in this area
11 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6757832
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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