129 N Elm Street, Gilbert, AZ 85234
- $873,000
- 4
- BD
- 2
- BA
- List Price
- $873,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- 7089046
- City
- Gilbert
- Bedrooms
- 4
- Bathrooms
- 2
- Subdivision
- Cooper Add
- Year Built
- 1956
Property Description
Wow! Fantastic Duplex sitting in the sought after 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 Sq. Ft.! Unit B s approximately 1021 Sq. Ft.. The additional value in is the location, this is a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential. See Document Tab for additional property information. Do not Disturb Tenants!!
Additional Information
- Elementary School
- Burk Elementary School
- High School
- Gilbert High School
- Middle School
- Mesquite Jr High School
- Community Features
- Other
- Construction
- Block, Painted
- Cooling
- Central Air, Electric, Ceiling Fan(s)
- Electric
- APS
- Flooring
- Ceramic Tile
- Heating
- Natural Gas
- New Financing
- Conventional, 1031 Exchange, No Carry, Cash
- Parking Features
- Paved, Carport, >1 Space Per Unit, Attached Garage, Attached Carport
- Roofing
- Composition
- Sewer
- Public Sewer, Sewer-In & Connected
- Subdivision
- Cooper Add
- Taxes
- $1,232
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas, Cable TV
- Units
- 2
- Water
- City Franchise
- Zoning
- MF/L ZONING
Courtesy of New Perspective Realty. 480-788-9280
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.