1029 E MCKINLEY Street, Phoenix, AZ 85006, Phoenix, 85006 - 2 bed, 1 bath
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Phoenix, AZ 85006
This property presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well above the $352,652 Fair Market Value by 3%. While the property requires a Condition Rating of 5, the recent 1-year-old HVAC system and fully fenced lot provide a solid foundation for value-add renovations. The detached garage and classic 1926 architecture offer significant potential for modernization. This asset is best suited for Fix-and-Flip Investors or Contractors seeking a project to restore character in a central Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1029 E MCKINLEY Street Subject | $365,000* List Price | 2 | 1 | 825 | $427 | - |
A 2012 N RICHLAND Street Active | $445,000 List Price | 2 | 1 | 1,143 | $389 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926 and nearly 100 years old, the property requires a full rehab. While the HVAC is recently updated (1 yr), the kitchen and interior finishes are severely dated, and the plaster walls and exterior siding show significant wear and age-related deterioration consistent with a 'fixer-upper' or investor project.
The property features a new A/C system installed only a year ago, providing significant value and essential climate control for a historic Phoenix home.
Built in 1926, this home offers a classic layout and a detached garage, serving as an ideal 'blank canvas' for investors or buyers looking to add value through renovation in a desirable area.
The property sits on a fully fenced lot with a private backyard and a front porch, offering a level of security and outdoor versatility that is highly sought after.
With only 825 square feet of living space and a single bathroom, the home's compact footprint may be restrictive for growing families or those requiring modern spaciousness.
The interior, particularly the galley kitchen, is described as needing reimagining, suggesting that immediate capital expenditure is necessary to modernize the property.
INVESTOR SPECIAL! LOTS OF UPSIDE. Fantastic opportunity to own this 2-bed, 1-bath home situated on a fully fenced lot! Newer A/C 3 yr. Roof is less than 3 years. The front porch is just the beginning. Inside, the bright & light living area seamlessly flows onto the formal dining space. The galley kitchen, featuring a gas range & wood cabinetry, is brimming with potential - ready to be reimagined into your ideal culinary space. Each bedroom is perfectly sized for functionality. Check out the private backyard, an ideal spot to craft your own outdoor haven with room for a patio, garden, or seating area! The detached car garage is an added perk. Whether you're an investor looking to design & elevate, or a homeowner with a vision, this property is your chance to shape something
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 825 | - |
| Lot Size | 3,438 | - |
| Price | $365.0K | $495.4K |
| Price per sq ft | $442 | $290 |
| Built year | 1926 | 0 |
| HOA | $0 | $0 |
| Days on market | 11 | 1260 |
Jul 11, 2026
$365,000
Initial Listing