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629-299-2386
SimpliHŌM
4421 N 53rd Lane, Phoenix, AZ 85031
- $520,000
- 9
- BD
- 17
- BA
- Sold Price
- $520,000
- List Price
- $580,000
- Status
- CLOSED
- Days on Market
- 56
- Closing Date
- Jul 16, 2026
- MLS#
- 7031584
- Subtype
- Multiple Dwellings
- Year Built
- 1973
- Bedrooms
- 9
- Bathrooms
- 17
- Subdivision
- Parkway Village
Property Description
Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking. Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.
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Additional Information
- Taxes
- $2,884
- Zoning
- R-4
- Flooring
- Other
- Appliances
- Other, See Remarks
- Heating
- Other, See Remarks
- Air Conditioning
- Other, See Remarks
- Exterior Construction
- Block, Wood Frame, Painted, Stucco
- Parking Features
- >1 Space Per Unit
Courtesy of Compass. 480-776-1555 Selling Office: Orion Investment Real Estate.
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