We argue that there are both experimental and theoretical reasons to reconsider the construction of KSVZ-like axion models. From the experimental side, predictions for the axion-photon coupling are not consistent with the collection of astrophysical hints. From the theoretical side, we find that the construction can be conceptually simplified. In particular, it contains an unnecessary assumption on the type of the gauge theory involved which has far-reaching consequences for low energy axion phenomenology. In order to relax this assumption, we allow heavy fermions of the KSVZ-like models to carry magnetic charge. We then show that the axion-photon coupling is generically dominated by the axial anomaly of magnetic currents. Finally, we derive the expression for magnetic anomaly coefficients, which determine the range of numerical values for the axion-photon coupling.