4421 N 53rd Lane, Phoenix, AZ 85031

Phoenix
Local realty services provided by:ERA Brokers Consolidated
4421 N 53rd Lane,Phoenix, AZ 85031
$580,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zachary coty
Office: compass
MLS#:7031584
Source:ARMLS

Price summary

  • Price:$580,000

About this home

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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Home facts

  • Year built:1973
  • Listing ID #:7031584
  • Updated:June 23, 2026 at 03:30 PM

Structure and exterior

  • Year built:1973
  • Construction Materials:Block, Painted, Stucco

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$580,000
  • Tax amount:$2,884 (2025)

Parking

  • Total parking spaces:9
  • Parking description:Additional Parking Available, More Than 1 Parking Space/Unit
  • Garage:Yes
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