$873,000
Gilbert, AZ 85234
MLS# 7088928
4 beds | 2 baths
1 / 27
Property Description
Wow! Fantastic Duplex sitting in the sought after Re-Development 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 Square Ft.! Unit B s approximately 1021 Square Ft.. The additional value in this property is the location, this a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential. Heritage District planning documents specifically ide
Details
Maps
Contract Information
List Price: $873,000
Status: Active
Current Price: $873,000
List Date: 2026-10-03
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 129
Compass: N
Street Name: ELM
St Suffix: Street
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85234
Zip4: 5773
Country: US
County Code: Maricopa
Assessor Number: 304-11-011
Subdivision: COOPER ADD
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Attached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1716
Price/SqFt: 508.74
Horses: N
Builder Name: UNKNOWN
Year Built: 1956
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 8799
Approx Lot Acres: 0.202
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Burk Elementary School
Jr. High School: Mesquite Jr High School
High School: Gilbert High School
Remarks Misc
Cross Street: Gilbert & Elliot Rd
Directions: NORTH OF ELLIOT ON GILBERT RIGHT ON COLLUMBER SOUTH ON ELM TO PROPERTY
Geo Lat: 33.352483
Geo Lon: -111.787937
Legal Info
Township: 1S
Range: 6E
Section: 7
Lot Number: 11
Basement
Basement Y/N: N
Items Updated
Floor Yr Updated: 2023
Floor Partial/Full: Partial
Kitchen Yr Updated: 2023
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2023
Bath(s) Partial/Full: Partial
Parking Spaces
Garage Spaces: 2
Carport Spaces: 2
Slab Parking Spaces: 1
Total Covered Spaces: 4
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 602-292-6372
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm
Flooring: Laminate; Tile
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Gas Oven; Gas Range; Disposal; Refrigerator
Laundry: Washer Included; Dryer Included
Foundation Details: Slab
Other Rooms: Great Room
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Patio
Parking Features: Attached Carport; Attached Garage
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted
Roofing: Composition; Rolled
Cooling: Central Air; Ceiling Fan(s)
Heating: Natural Gas
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Back Yard; Front Yard; Perimeter; Chain Link
Property Description: Corner Lot
Landscaping: Grass Front
Lockbox Type: See Private Remarks; None
Possession: By Agreement
Association Fee Incl: No Fees
Existing 1st Loan: Conventional
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Room Information
| Room Name | Length | Length | Width | Width | Level | Remarks |
| Great Room | 18.00 | 18.00 | 21.00 | 21.00 | First | Unit A |
| Bedroom | 11.00 | 11.00 | 13.00 | 13.00 | First | Unit A |
| Bedroom 2 | 11.00 | 11.00 | 13.00 | 13.00 | First | Unit A |
| Great Room | 18.00 | 18.00 | 28.00 | 28.00 | First | Unit B |
| Bedroom | 14.00 | 14.00 | 12.00 | 12.00 | First | Unit B |
| Bedroom 2 | 14.00 | 14.00 | 12.00 | 12.00 | First | Unit B |
Listing Office: New Perspective Realty
Office Phone: 480-788-9280
Office Email: [email protected]
Last Updated: October - 03 - 2026
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