Courtesy of ARMLSNWMLS

OverviewEstate Overview - $520,000

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4421 N 53RD Lane,

Phoenix, AZ 85031

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...See More

  • 0 Beds
  • 0 Baths
  • 0 Sqft
  • MultiFamily

OverviewListing Details

Status:Closed
Original Listing Price: $ 614,500
Listing Date: 05/21/2026
Days on dealty:Was on Dealty for 56 days
County:Maricopa
MLS Type:ARMLS
Built In:1973
Has HOA:Yes
Status Change Date:July 16, 2026
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: ********
  • Construction materials: Wood Frame, Painted, Stucco, Block
  • Roof: Tile
Flooring
  • Other
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: ,
Lot Details
    --

AmenitiesAmenities

Utilities
  • Cooling - Other, See Remarks
  • Heating - Other, See Remarks
  • Water Source : City Franchise
  • Sewer Information : Public Sewer
Laundry
    --
Parking
  • Parking Features: Add'l Parking Avail, >1 Space Per Unit
  • Garage Spaces: 0
  • Covered Spaces: 5
  • Parking Spaces: 4

HOAHOA & Financial

Primary HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Second HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
  • Cartwright Elementary District
  • Phoenix Union High School District
Neighborhood
  • PARKWAY VILLAGE

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Zachary Coty

(Compass)

MLS # 7031584

4421 N 53RD Lane

Phoenix, AZ 85031

$520,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/4421-n-53rd-lane-phoenix-az-85031-bf3630e2-a1e6-46ae-af81-6bcbca78c22d
Year Built
1973
Garage
4

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, a...(Visit the link to Get more info)

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Multiple Listing Service of ARMLS

All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.