4429 N 53rd Lane, Phoenix, AZ 85031

$520,000
9
BD
5
BA

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Sold Price
$520,000
List Price
$615,000
Closing Date
Aug 25, 2026
Days on Market
89
Status
CLOSED
MLS#
7034582
City
Phoenix
Bedrooms
9
Bathrooms
5
Subdivision
Parkway Village
Year Built
1973

Property Description

Investment opportunity in the heart of Phoenix. This multi-unit property offers income potential with flexible living arrangements ideal for investors, owner-occupants, or multi-generational living. The property features multiple units with private entrances, functional floor plans, and ample parking. Conveniently located this property provides easy connectivity throughout the Valley. Whether you are looking to expand your rental portfolio, generate supplemental income, or occupy one unit while renting the others, this property presents endless possibilities. Tenants' rights apply, do not disturb tenants.

Additional Information

Elementary School
John F. Long
High School
Maryvale High School
Middle School
Marc T. Atkinson Middle School & Gifted Academy
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air, Ceiling Fan(s)
Electric
SRP
Exterior Features
Sidewalk(s)
Heating
Forced Air
New Financing
Conventional, 1031 Exchange, No Carry, Cash
Parking Features
On Street, >1 Space Per Unit, Off Street
Roofing
Tile, Rolled/Hot Mop
Subdivision
Parkway Village
Taxes
$2,811
Tax Year
2025
Tenant Pays
Electricity, Cable TV
Units
4
Water
City Franchise
Zoning
R-4

Courtesy of HomeSmart. 602-230-7600 Selling Office: Non-MLS Office.

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