229 N Palm Street Unit TRLR, Gilbert, AZ 85234
- $1,000,000
- Sold Price
- $1,000,000
- List Price
- $1,000,000
- Closing Date
- Apr 17, 2026
- Days on Market
- 48
- Status
- CLOSED
- MLS#
- 6993986
- City
- Gilbert
- Year Built
- 1960
Property Description
Developer / Investor Opportunity - Located in the Heritage District in Downtown Gilbert... This unique property features a single-family residence at the front & center of a long-standing trailer park, offering a rare opportunity for redevelopment or income potential. The main house includes 4 bedrooms. In addition, the property includes multiple trailer units consisting of one 2-bedroom trailer and 4 single-bedroom units. This property presents an excellent opportunity for developers, investors, or buyers seeking a value-add project. Whether you choose to renovate the existing structures, reposition the property as a rental portfolio, or explore redevelopment options, the possibilities are significant. Buyer to verify zoning, usage, and redevelopment opportunities with the appropriate municipality.
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Additional Information
- Elementary School
- Gilbert Elementary School
- High School
- Gilbert High School
- Community Features
- No Pool
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Central Air, Ceiling Fan(s)
- Electric
- APS
- Heating
- Electric, Central
- New Financing
- Conventional, Cash
- Parking Features
- 1 Space/Unit
- Roofing
- Composition, Rolled/Hot Mop
- Taxes
- $2,835
- Tax Year
- 2025
- Tenant Pays
- Electricity, Cable TV, See Remarks
- Units
- 8
- Water
- Master Meter
- Zoning
- Multi-family/Lo
Mortgage Calculator
Listing courtesy of On Q Property Management. Selling Office: On Q Property Management.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.