1 / 21

● For sale

$614,500

4421 N 53RD Lane, Phoenix, AZ 85031

PARKWAY VILLAGE · Maricopa County

Built 1973 No HOA

12 days on market

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.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Interior Features

Flooring: Other

Appliances

Other
See Remarks

Heating and Cooling

Cooling Features: Other, See Remarks
Heating Features: Other, See Remarks

Exterior

Land Info

Lot Size Dimensions: 9769

Garage and Parking

Attached Garage: No
Parking Features: >1 Space Per Unit

Community

Neighborhood

Subdivision: PARKWAY VILLAGE

Listing

Other Property Info

Annual Tax Amount: $2,884
Source Listing Status: Active
County: Maricopa
Parcel Number: 144-44-062
Zoning: R-4
Postal City: Phoenix
Listing Date: 5/21/2026
On Market Date: 5/25/2026
MLS#: 7031584

Features

Building and Construction

Year Built: 1973
Property Age: 53
Construction Materials: Block, Wood Frame, Painted, Stucco
Roof: Tile

Utilities

Water Source: City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Zachary Coty Compass

Listing updated: May 25, 2026

MLS#: 7031584

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.