4421 N 53rd Ln

Phoenix, AZ 85031
  • $614,500

    Price
  • 4

    Bed
  • 7

    Bath
  • 0

    SqFt

About the Listing laun001 - zc017

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.

Listing Highlights

Status Active
Days on Site 16
Property Type Multi-Family
MLS ® 7031584
Year Built 1973
Total Square Footage 0
Lot/Acreage N/A
County Maricopa
Neighborhood Parkway Village

Interior Details

  • Bedrooms: 4
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond: See Remarks
  • Heating: See Remarks
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Tile
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Add'l Parking Avail,>1 Space Per Unit

Financial Details

  • Tax Amount: $2,884
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 144-44-062
  • Tax Year: 2025

Payment Calculator

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Questions About..

4421 N 53rd Ln Phoenix, AZ 85031

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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