4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
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4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
4421 N 53RD Lane
Courtesy of Compass, Zachary Coty Listing Contact: 602-516-4767 
Sold

4421 N 53RD Lane

4421 N 53RD Lane, Phoenix, AZ 85031

$520,000
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.

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Other
  • APPLIANCES Other, See Remarks

Area & Lot

  • Status Sold
  • Date Sold July 16, 2026
  • MLS® ID7031584
  • TypeMulti-Family
  • YEAR BUILT1973
  • NeighborhoodPhoenix
  • School DistrictPhoenix Union High School District

Exterior

  • water SourceCity Franchise
  • roofTile
  • parkingAddl Parking Avail, 1 Space Per Unit
  • HEAT TYPEOther, See Remarks
  • AIR CONDITIONINGOther, See Remarks
  • sewerPublic Sewer

Financial

  • Sales Price$520,000
  • Real Estate Tax $2,884/yr
  • Maintenance Fee $3,107/mo
  • Zoning R-4

Phoenix

It is dubbed the “Valley of the Sun,” and receives more sunshine than almost any metropolitan region in the world.

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