2-Unit Duplex with Private
New
For Sale
$873,000
129 N ELM Street, Gilbert, AZ 85234
Both residences offer two bedrooms, one bathroom, and separate laundry facilities; the units are leased to long-term tenants.
Property SizeContact for details
Lot Size0.20 Acres
Days on Market5
Property Features for 129 N ELM Street
General Information
Standard status
Active
Lot size
0.20 Acres
Property subtype
MULTI_FAMILY
Zoning
MF/L
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$37,140
Taxes and HOA fees
Annual Taxes
$1,232
Amenities
private yards
separate laundry
garage
Building Details
Year Built
1956
Tenancy
Multi
Listing Agency:
New Perspective Realty
Listed By:
Dale Douglas
(602) 292-6372
Source:
Jcluxuryresidential
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 6 at 1:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Perspective Realty
Investment Insights
Based on property information with market context.
This 1956 duplex contains two residences, each with two bedrooms, one bathroom, and separate laundry. Unit A is approximately 756 square feet and has been remodeled; Unit B measures approximately 1,021 square feet. Private yards and a 633-square-foot garage are also part of the property. Both units are leased to long-term tenants.
The property occupies an 8,799-square-foot lot in downtown Gilbert’s Heritage District, near restaurants, entertainment, and nightlife. MF/L zoning is identified for the site.
The property occupies an 8,799-square-foot lot in downtown Gilbert’s Heritage District, near restaurants, entertainment, and nightlife. MF/L zoning is identified for the site.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Unit A is approximately 756 Sq. Ft. and has been remodeled
- Unit B is approximately 1021 Sq. Ft.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
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Business Placement
Demographics for 85234, AZ
51,051
Population
17,488
Households
2.9
Avg Household Size
36
Median Age
46%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
4,290
Density / Sq Mi
$118,012
Median Household Income
$54,080
Median Earnings
$1,971
Median Rent
$488,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, one bathroom, and separate laundry facilities; the units are leased to long-term tenants.
Where is this duplex located?
The property is located at 129 N ELM Street Gilbert, AZ.
What is the asking price?
The asking price for this property is $873,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Unit A is approximately 756 Sq. Ft. and has been remodeled; Unit B is approximately 1021 Sq. Ft.
