4421 N 53RD Lane, Phoenix, AZ 85031

Property Description

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.

Listing Status:

Active

Date Added:

May 25, 2026

Data Last Updated:

July 5, 2026 at 7:08AM

Listing Office:

Compass : 480-776-1555

Listing Agent:

Zachary Coty : 602-516-4767

MLS ID:

7031584

Interior

• Flooring: Other
• A/C: OtherSee Remarks
• Heating: OtherSee Remarks

Exterior

• Parking: Add'l Parking Avail>1 Space Per UnitParking spaces: 9

Construction

• Roofing: Tile
• General: Wood FramePaintedStuccoBlock

Location

• Road/Access: Asphalt
• Originating MLS: Arizona Regional Multiple Listing Service 2
• School District: Cartwright Elementary District
• County: Maricopa

Lot

• Zoning: R-414444062

Utilities

• Water: City Franchise
• Sewer: Public Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2