711 E MCKINLEY Street, Phoenix, AZ 85006, Phoenix, 85006 - 2 bed, 3 bath
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Phoenix, AZ 85006
This Historic 1911 Bungalow with Guest Cottage is a Strong Value Opportunity, listed at $446,000—positioned well below the $474,745 Fair Market Value by 6%. This valuation gap offers $28,745 in Instant Equity. Maintaining a Condition Rating of 3, the home features a Remodeled Kitchen and 2017 systems updates. Its R-5 Multi-Family Zoning and prime location near ASU and Roosevelt Row provide significant rental or small business potential. This is a premier choice for House Hackers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 711 E MCKINLEY Street Subject | $446,000* List Price | 2 | 3 | 1,038 | $457 | - |
A 760 E McKinley Street Sold | $370,000 List Price | 2 | 1 | 1,165 | 0.1 mi | |
B 617 N 14TH Street Active | $560,000 List Price | 3 | 2 | 1,012 | $553 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1911 historic bungalow is in move-in ready condition following significant renovations in 2017, which included a new roof, HVAC system, and tankless water heater. The interior features a remodeled kitchen with granite countertops, updated bathrooms with stone tiling and a clawfoot tub, and a mix of hardwood and modern tile flooring. While the renovations are approximately 7-8 years old, the property is well-maintained with no immediate repairs required.
The R-5 multi-family zoning and Garfield Overlay allow for small business use, while the detached guest cottage provides immediate potential for Airbnb or rental income.
Situated in the coveted Garfield Historic District, the property boasts high walkability to ASU, Roosevelt Row, Footprint Center, and upcoming neighboring retail developments.
This 1911 brick bungalow features significant 2017 updates, including a remodeled kitchen, new roof, A/C, and tankless water heater, blending historic character with modern reliability.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only 1,038 total square feet split between two structures, the primary living areas may feel restrictive for buyers seeking more interior volume.
The assigned public schools have relatively low ratings (3 and 4), which may be a concern for families prioritizing high-performing educational boundaries.
Charming and well-maintained brick bungalow in the heart of the Garfield Historic District—one of downtown Phoenix's most coveted areas. Walkable to Footprint Center, Chase Field, ASU, and Roosevelt Row. Zoned R-5 (multi-family) and part of the Garfield Overlay, this property allows select small business use—ideal for investors or entrepreneurs. The neighboring parcel is being developed into retail and dining (see private remarks). Updates include hardwood floors, remodeled kitchen, A/C, roof, and tankless water heater (2017). Main home offers 2 beds, 2 baths; detached guest cottage includes 1 bed, 1 bath—great as an Airbnb, office, or rental. No HOA. RV gate. Tons of flexibility and potential!
No exterior & parking available.
Grades PK-8 • 0.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,038 | 1,344 | 14% |
| Lot Size | 4,000 | 6,789 | 3% |
| Price | $446.0K | $415.3K | 63% |
| Price per sq ft | $430 | $327 | 84% |
| Built year | 1911 | 1942 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 1489 | 1% |
Mar 12, 2026
$446,000
Initial Listing