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$549,000

Beds
3
Baths
1.0
sq ft
1,100

1331 East Mckinley Street, Phoenix, AZ 85006

1331 East Mckinley Street

Phoenix, AZ 85006

  • 58 days on market
    • Price drop $31,000↓
Double lot with a house in the heart of the Garfield Historic Art District in Downtown Phoenix that totals almost a third of an acre. Each lot is an R-3, meaning 3 residential units may be built on each lot; 6 in all. This property is perfect for an Animal Rescue, Community Farm, Botanical Garden, or Multifamily Housing. Excellent deal at the current price for lots in the region, which can be flipped into properties worth millions of dollars. Be quick! Get it or regret it!

Details

Property type

Single Family Residence

Est. home value

$343,855

Property condition

Fixer

Lot size

0.3 acres

Price per sq ft

$500

Year built

1976

Annual property taxes

$660

HOA

No

Price History

02/26/2025
ArizonaRegional

ArizonaRegional #6813363

Price change
$549,000
-5.34%
02/03/2025
ArizonaRegional

ArizonaRegional #6813363

Listed
$580,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Garfield School

Middle school: 

Garfield School

High school: 

North High School

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

John W Vandruff

Loan start date

February 1994

Original loan amount

$33,000

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Seller take-back

Seller

Daniel Trujillo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/02/2025 at 5:20 PM

Listing updated: 02/25/2025 at 7:33 PM

Listed by: Ra'Sheen Turpin, LPT Realty, LLC Phone #: (623) 246-2325

MLS: ArizonaRegional #6813363

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