4429 N 53RD Lane Phoenix, AZ ^$ 615,000

4429 N 53RD Lane

^$ 615,000

Back to search

Recently Listed

4429 N 53RD Lane

Phoenix, AZ, 85031

^$ 615,000

Studio Baths0.0

Monthly Estimate*

^$ 3,787

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 1

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 2

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 3

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 4

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 5

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 6

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 7

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 8

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 9

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 10

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 11

4429 N 53RD Lane, Phoenix, AZ 85031 - Image 12

Studio

Multi-Family Home for sale in Phoenix, AZ

for $615,000. This home was built in 1973.

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.

Multi-Family Active

Price

^$ 615,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,811

Style

Multiple Dwellings

Year Built

1973

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7034582

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Central Air Ceiling Fan(s)

Roof Tile Rolled/Hot Mop

Zoning R-4

Construction Materials Wood Frame Painted Stucco

Year Built 1973

Electric SRP

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 55600.0

Community Features No Pool

County Maricopa

Net Operating Income 39375.0

Operating Expense 6471.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name PARKWAY VILLAGE

Garage Y/N Y

Status Active

Directions I-17 to Camelback West to 51st Ave slight right on Maryvale Parkway to right on Campbell. Left on 53rd Lane

High School Maryvale High School

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Elementary School John F. Long

Tax Annual Amount 2811.0

Middle/Junior High School Marc T. Atkinson Middle School & Gifted Academy

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Cartwright Elementary District

Tax Lot 13

Cap Rate 6.4

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Exterior

Exterior Amenities Sidewalk(s)

Parking Features Off Street >1 Space Per Unit On Street

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 111 x 70

Road Surface Type Asphalt

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Flooring Laminate

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 4429

* Excluded Features

List By

Homesmart

Broker

kristenongstad@gmail.com

Affordability Calculator

$4,021

Per Month

Monthly Principal & Interest: $3,787
Monthly Property Taxes: $234
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,106,996

Percent of Sale Price 80%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4337976 Elementary School

4897618 Middle School

Maryvale High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/29/2026	$615,000		Listed Price

Map

More homes like this one

homes for you

See all

4429 N 53RD Lane, Phoenix, AZ, 85031 is a Multi-Family Home for sale at $615,000. 4429 N 53RD Lane is a studio with 0.0 baths and was built in 1973. The property's zip code is 85031 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

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

The information being provided is 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.

Data is updated as of 6/13/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

4429 N 53RD Lane

Multi-Family Home for sale in Phoenix, AZ

Affordability Calculator

Map

More homes like this one

Get more info about this home