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Quadplex with Private Entrances
For Sale
$550,000

4401 N 53RD Lane, Phoenix, AZ 85031

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market10

Property Features for 4401 N 53RD Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 9, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 6, Bedroom 8, Bathroom 5, Bedroom 2, Bathroom 8, Bedroom 4, Bedroom 7, Bedroom 6, Bathroom 7
Parking features On Street
Security features Security Lighting
Exterior features Sidewalk(s)
Appliances Built-In Range, Disposal, Dishwasher, W/D Hookup
Subdivision PARKWAY VILLAGE
Elementary school John F. Long
Middle school Marc T. Atkinson Middle School & Gifted Academy
High school Maryvale High School
Elementary school district Cartwright Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions From Maryvale, turn onto Turney. Turn right onto 53rd Lane. Corner property.
Standard status Active
APN 144-44-066

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 20 PARKWAY VILLAGE MCR 015609
Tax Annual Amount 2837
Legal Description LOT 20 PARKWAY VILLAGE MCR 015609

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Electric

Amenities

private entrances
shared balcony
fenced patios

Building Details

Year built 1973
Number of units 4
Flooring type Vinyl, Tile - Ceramic, Carpet
Building materials Wood Frame, Painted, Stucco
Roof type Tile
Listing Agency: eXp Realty
Listed By: Katie Hobgood
Added: Aug 25 Changed: Sep 1 Last Checked: Sep 3 at 3:06AM
MLS# 7071204

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1973 quadplex contains four occupied residences, each with a separate entrance and garage. The first unit includes a two-car garage, while the third and fourth units share a balcony. The first and second units offer fenced patios. Property improvements include three updated showers, replacement hot water heaters, and exterior paint. Interior finishes include vinyl, ceramic tile, and carpet, with electric heating and cooling, ceiling fans, built-in ranges, dishwashers, disposals, and washer/dryer hookups. The property is served by public sewer and has a tile roof.

The asset is zoned MULTI in Phoenix and is within walking distance of a school, medical services, shopping, Walmart, a library, and a park. Highway 17 and Highway 60 provide regional access. Occupancy is reported at 100%, and tenants’ rights apply; showings should respect the occupied units.

Key Highlights

  • Four‑unit quadplex with 100% occupancy
  • Private entrances and a garage for each unit
  • Unit 1 includes a two‑car garage

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby

Demographics for 85031, AZ

31,162
Population
8,816
Households
3.5
Avg Household Size
29
Median Age
8%
College-Educated
64%
High-School Grad
4.1 sq mi
ZIP Area
7,600
Density / Sq Mi
$59,641
Median Household Income
$36,097
Median Earnings
$1,503
Median Rent
$240,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four individually accessed residences feature garages, outdoor areas, and documented updates to select bathrooms and exterior finishes.
Where is this quadplex located?
The property is located at 4401 N 53RD Lane Phoenix, AZ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit quadplex with 100% occupancy; Private entrances and a garage for each unit; Unit 1 includes a two‑car garage
More about this property
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