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$614,500
11 Days On Site

4421 N 53RD Lane
Phoenix, AZ 85031

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1973
Built
Subdivision:
PARKWAY VILLAGE
County:
Maricopa

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602-688-7388
4421 N 53RD Lane4421 N 53RD Lane4421 N 53RD Lane4421 N 53RD Lane
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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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Listing Snapshot
Price 
$614,500
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1973
MLS® Number 
7031584
Status 
Active
Property Tax 
$2,884
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Cross Street 
Maryvale Pkwy & Indian School Rd
Disclosures 
None
Garage 
Yes
Parking Spaces 
9
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-4
Interior Features
Appliances 
Other
Cooling 
Other
Flooring 
Other
Heating 
OtherSee Remarks
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Exterior Features
Construction Details 
StuccoBlock
Roof 
Tile
Community Features
Financing Terms Available 
Conventional1031 ExchangeFHA
Roads 
Asphalt
School District 
Phoenix Union High School District
Township 
2N
Schools
School District
Phoenix Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass.



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.
Last checked: 2026-06-02 12:19 PM UTC

Neighborhood & Commute
Source: Walkscore
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