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$614,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking. Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.

Full Property Details for 4421 N 53rd Ln

General

  • Price: $614,500
  • HOA FEE: $3,107
  • Taxes: $2,884 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7031584
  • Updated: 5/25/2026
  • Added to Site: 2 day(s) ago

Interior

  • Appliances: Other, See Remarks
  • Flooring: Other

Parking

  • Parking Features: Add'l Parking Avail, >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: PARKWAY VILLAGE
  • Cross Streets: Maryvale Pkwy & Indian School Rd

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other, See Remarks
  • Heating Type: Other, See Remarks

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Painted, Stucco, Block
  • Roof: Tile
  • Year Built: 1973

Unit Information

  • Vacancy %: .03

Lot Features

  • Lot Dimensions: 9769
  • Frontage: Asphalt
  • Zoning: R-4

Financial Considerations

  • Maint. Fee/Month: $3,107
  • Tax Amount: $2,884
  • Tax Year: 2025
  • Terms: No Carry, Conventional, 1031 Exchange, FHA
  • Owner Pays: Water, Sewer

Disclosures and Reports

  • Legal Description: LOT 16 PARKWAY VILLAGE MCR 015609
  • Property ID: 144-44-062
  • Range: 2E
  • Section: 20
  • Lot Number: 16

Listed by Compass

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— 4421 N 53rd Ln —

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4421 N 53rd Ln

School Districts:Cartwright Elementary District, Phoenix Union High School District
NameGradesDistance
John F. Long
4407 North 55th Avenue, Phoenix, AZ 85031
K-50.1 mi
Marc T. Atkinson Middle School
4315 North Maryvale Parkway, Phoenix, AZ 85031
6-80.2 mi
Maryvale High School
3415 North 59th Avenue, Phoenix, AZ 85033
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4421 N 53rd Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/25/2026
Listed
$614,500
89.66%
MLS
12/04/2018
Sold
$324,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4421 N 53rd Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,884
—
$16,475
-70%
2025
$2,884
1%
$54,120
—
2023
$2,867
6%
$54,110
30%
2022
$2,704
—
$41,580
36%
2022
$2,704
-1%
$30,530
10%
2021
$2,737
6%
$27,850
16%
2020
$2,594
5%
$23,950
16%
2019
$2,482
-4%
$20,720
8%
2018
$2,581
3%
$19,110
8%
2017
$2,496
5%
$17,670
13%
2016
$2,388
7%
$15,600
3%
2015
$2,227
-6%
$15,130
11%
2014
$2,377
38%
$13,600
64%
2013
$1,726
—
$8,310
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4421 N 53rd Lane, Phoenix, AZ 85031 (MLS# 7031584) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 4421 N 53rd Lane is currently listed for $614,500 and was received on May 25, 2026. Want to learn more about 4421 N 53rd Lane? Do you have questions about finding other Multi-Family real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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