129 N Elm Street, Gilbert, AZ 85234

$873,000
4
BD
2
BA
1,716
SqFt

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List Price
$873,000
Status
ACTIVE
Days on Market
0
MLS#
7088928
Subtype
Residential
Style
Ranch
Year Built
1956
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,716
Lot Size
8,799
Acres
0.20
Subdivision
Cooper Add

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 this home is the location, this is a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential.

Additional Information

Interior Features
Full Bth Master Bdrm, Eat-in Kitchen, High Speed Internet
Taxes
$1,232
Property Description
Ranch
Flooring
Laminate, Tile
Appliances
Disposal, Refrigerator, Gas Oven, Gas Range, Washer, Dryer
Heating
Natural Gas
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Block, Painted
Stories
1
Parking Features
Attached Garage, Attached Carport
Garage Spaces
2
Elementary School
Burk Elementary School
Middle School
Mesquite Jr High School
High School
Gilbert High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dale Douglas (602-292-6372) from Listing Office: New Perspective Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.