For Sale Multi-Family MLS# 7089046

129 N ELM Street

Gilbert, AZ 85234

$873,000

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Listing Office

Officearizona-regional-mls-rsd logoNew Perspective Realty
AgentDale Douglas
Phone480-788-9280

About 129 N ELM Street

Wow! Fantastic Duplex sitting in the sought after Heritage District in downtown Gilbert. Essentially in the middle of the restaurants, entertainment and nightlife. This Twin Home has 2 units that are 2-BDRM 1 bath both with separate laundry. Both units are fully leased with long term tenants . RARE DOWNTOWN GILBERT DUPLEX - 8,799 SQ FT LOT -- MF/L ZONING - REMODELED UNIT - $3,095/MONTH CURRENT RENTS -PRIVATE YARDS -- 633 SQ FT GARAGE. Unit A has been fully remodeled and is approximately 756 Sq. Ft.! Unit B s approximately 1021 Sq. Ft.. The additional value in is the location, this is a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential. See Document Tab for additional property information. Do not Disturb Tenants!!

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1956
Original price
$873,000
MLS #
7089046

Interior

Features
Central Air, Ceiling Fan(s), Electric, Natural Gas, Tile, Ceramic Tile, Vinyl
Flooring
Tile, Ceramic Tile, Vinyl
Heating
Natural Gas
Cooling
Central Air, Ceiling Fan(s), Electric

Exterior & lot

Features
Attached Garage, Attached Carport, Paved, >1 Space Per Unit, Carport, Parking spaces: 5
Construction
Painted, Block, Composition, Rolled/Hot Mop
Roof
Composition, Rolled/Hot Mop
Lot
MF/L ZONING, 30411011
Parking
Attached Garage, Attached Carport, Paved, >1 Space Per Unit, Carport

Schools

District
Gilbert Unified District
Elementary
Burk Elementary School
Middle
Mesquite Jr High School
High
Gilbert High School

Utilities

Utilities
Public Sewer, Sewer-In & Connected, City Franchise
Water
City Franchise
Sewer
Public Sewer, Sewer-In & Connected

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,232
Tax year
2025
Parcel
30411011

Location

Subdivision
COOPER ADD
County
Maricopa
Neighborhood
Cooper
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Gilbert Unified District
Directions
NORTH OF ELLIOT ON GILBERT RIGHT ON COLLUMBER SOUTH ON ELM TO PROPERTY

Location

Neighborhood
Cooper
Subdivision
COOPER ADD
School district
Gilbert Unified District

Interested in this home?

Questions on 129 N ELM Street, Gilbert, AZ 85234, or want to see it in person?

The Anderson Team · (480) 900-9140

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