$615,000

4429 N 53rd Ln Phoenix, AZ 85031

Estimated payment $3,565/month

Total Views 679
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • 8 Car Garage
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • Desert Landscape

About This Home

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.

Listing Agent

Kristen Ongstad

HomeSmart License #SA672651000 Listed on: 05/28/2026

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 1973

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector

Parking

  • 8 Car Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • John F. Long Elementary School
  • Marc T. Atkinson Middle School & Gifted Academy
  • Maryvale High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available

Additional Features

  • Patio
  • Desert Landscape

Listing and Financial Details

  • The owner pays for water, sewer, landscaping
  • Tax Lot 13
  • Assessor Parcel Number 144-44-059

Community Details

Overview

  • 4 Units
  • Building Dimensions are 111 x 70
  • Parkway Village Subdivision

Building Details

  • Operating Expense $6,471
  • Gross Income $55,600
  • Net Operating Income $39,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,811

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 51st Ave/ Camelback
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: PARKWAY VILLAGE
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Disposal, W/D Hookup

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile, Rolled/Hot Mop

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: On Street, >1 Space Per Unit, Off Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: John F. Long
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Marc T. Atkinson Middle School & Gifted Academy

Lot Info

  • Lot Size: 111 x 70
  • Additional Parcels: No
  • Parcel #: 144-44-059

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 55600.0
  • Property Net Operating Income: 39375.0
  • Annual Operating Expense: 6471.0

Tax Info

  • Tax Annual Amount: 2811.0
  • Tax Book Number: 144.0
  • Tax Lot: 13

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,811 $16,060 -- --
2024 $2,795 $15,295 -- --
2023 $2,795 $40,520 $8,100 $32,420
2022 $2,635 $29,800 $5,960 $23,840
2021 $2,668 $26,960 $5,390 $21,570
2020 $2,528 $23,200 $4,640 $18,560
2019 $2,419 $20,270 $4,050 $16,220
2018 $2,516 $18,750 $3,750 $15,000
2017 $2,433 $17,370 $3,470 $13,900
2016 $2,328 $15,200 $3,040 $12,160
2015 $2,171 $14,850 $2,970 $11,880
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2026 05/28/26 For Sale $615,000 +75.7% --
06/02/2020 06/02/20 Sold $350,000 +0.3% $81 / Sq Ft View Prior Sale
05/27/2020 05/27/20 For Sale $349,000 0.0% $81 / Sq Ft
05/27/2020 05/27/20 Price Changed $349,000 0.0% $81 / Sq Ft
04/17/2020 04/17/20 For Sale $349,000 -- $81 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $350,000 Lawyers Title Of Arizona Inc
Quit Claim Deed -- None Available
Warranty Deed $298,000 Fidelity National Title
Warranty Deed $210,000 Transnation Title Insurance
Warranty Deed $165,000 Arizona Title Agency Inc
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $124,000 United Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $262,500 New Conventional
Previous Owner $193,700 Purchase Money Mortgage
Previous Owner $189,000 New Conventional
Previous Owner $115,500 New Conventional
Previous Owner $88,500 No Value Available
Previous Owner $74,400 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7034582

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-44-059

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