Date
Details
Price
Change
Source
3/05/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$1,000,000 Just Listed
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Property Description
Developer / Investor Opportunity - This unique property features a single-family residence at the front & center of a long-standing trailer park, offering a rare opportunity for redevelopment or income potential. The main house includes 4 bedrooms. In addition, the property includes multiple trailer units consisting of one 2-bedroom trailer and 4 single-bedroom units. This property presents an excellent opportunity for developers, investors, or buyers seeking a value-add project. Whether you choose to renovate the existing structures, reposition the property as a rental portfolio, or explore redevelopment options, the possibilities are significant. Buyer to verify zoning, usage, and redevelopment opportunities with the appropriate municipality.
Full Property Details
Full Property Details for 229 N Palm St #TRLR
General
- Price: $1,000,000
- Taxes: $2,835 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6993986
- Updated: 3/5/2026
- Added to Site: Today
Interior
- Appliances: Free-Standing Range, Disposal, Refrigerator, Washer and Dryer Hookups
- Flooring: Laminate, Carpet, Vinyl
Parking
- Parking Features: Add'l Parking Avail, 1 Space/Unit
Location
- County: Maricopa
- Cross Streets: Gilbert and Elliott
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Water: Master Meter
Structural Information
- # Buildings: 8
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition, Rolled/Hot Mop
- Year Built: 1960
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: 90 x 255
- Frontage: Dirt, Gravel
- Zoning: Multi-family/Lo
Financial Considerations
- Tax Amount: $2,835
- Tax Year: 2025
- Terms: Conventional
- Owner Pays: Trash Collection, Water
Disclosures and Reports
- Legal Description: N 90' OF S 290' OF N 686.90' OF TR IN SW4 DESC AS FOL BEG AT INTERSEC OF E LI PALM ST & S LI 2ND ST
- Property ID: 304-11-159
Listed by On Q Property Management
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Listing agent
— 229 N Palm St #TRLR —
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Schools
Schools serving 229 N Palm St #TRLR
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Burk Elementary School 545 North Burk Street, Gilbert, AZ 85234 | PK-6 | 0.4 mi |
Mesquite Jr High School 130 West Mesquite Street, Gilbert, AZ 85233 | 7-8 | 0.8 mi |
Gilbert High School 1101 East Elliot Road, Gilbert, AZ 85234 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 229 N Palm St #TRLR
Tax History
Tax History for 229 N Palm St #TRLR
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,835
4%
$44,711
7%
2024
$2,730
2%
$41,879
-2%
2022
$2,669
—
$42,738
21%
2022
$2,669
—
$35,390
14%
2022
$2,669
-3%
$31,010
1%
2021
$2,761
2%
$30,690
-1%
2020
$2,720
8%
$31,100
—
2019
$2,527
3%
$31,000
18%
2018
$2,457
3%
$26,340
2%
2017
$2,377
-2%
$25,790
4%
2016
$2,437
10%
$24,730
29%
2015
$2,222
-2%
$19,170
3%
2014
$2,269
-2%
$18,560
-2%
2013
$2,311
—
$18,959
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 229 N Palm St #TRLR
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
Listed by The Omni Partners (978) 886-1524
- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
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229 N Palm Street #TRLR, Gilbert, AZ 85234 (MLS# 6993986) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 229 N Palm Street #TRLR is currently listed for $1,000,000 and was received on March 05, 2026. Want to learn more about 229 N Palm Street #TRLR? Do you have questions about finding other Multi-Family real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.