129 N Elm Street, Gilbert, AZ 85234

Gilbert
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
129 N Elm Street,Gilbert, AZ 85234
$873,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dale douglas
Office: new perspective realty
MLS#:7089046
Source:ARMLS

Price summary

  • Price:$873,000

About this home

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!!

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Home facts

  • Year built:1956
  • Subdivision & Development:COOPER ADD
  • Listing ID #:7089046
  • Updated:October 06, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Flooring:Ceramic Tile, Tile, Vinyl

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1956
  • Construction Materials:Block, Painted

Schools

  • High school:Gilbert High School
  • Middle school:Mesquite Jr High School
  • Elementary school:Burk Elementary School

Utilities

  • Water:City Franchise
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$873,000
  • Tax amount:$1,232 (2025)

Parking

  • Total parking spaces:5
  • Parking description:Carport, More Than 1 Parking Space/Unit, Paved
  • Garage:Yes
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