129 N ELM Street, Gilbert AZ 85234
$873,000
Brokerage: Ivy Realty(623) 299-4954
1 / 29Home facts
- Price
- $873,000
- Status
- Active
- Beds
- 4
- Baths
- 2
- Year built
- 1956
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public, Sewer-In & Connected
- Subdivision
- COOPER ADD
- MLS #
- 7089046
Listed by New Perspective Realty · 480-788-9280
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
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!!
Features
Roof
Composition, Rolled/Hot Mop
Sewer
Sewer - Public, Sewer-In & Connected
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Natural Gas
Electric
APS
Flooring
Tile, Ceramic Tile, Vinyl
WaterSource
City Franchise
ParkingFeatures
Attached Garage, Attached Carport, Paved, >1 Space Per Unit, Carport
CommunityFeatures
Other
ConstructionMaterials
Painted, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 240 W JUNIPER Avenue 1257 | Sep 30, 2026 | $340,000 | 2/3 | 1,100 | The Ave Collective |
| 685 E LINDA Lane | Sep 27, 2026 | $625,000 | 3/2 | 1,710 | HomeSmart |
| 309 W PINON Avenue | Sep 24, 2026 | $338,000 | 3/2 | 880 | R & C Real Estate Investments, LLC |
| 21 N PUEBLO Street | Sep 24, 2026 | $430,000 | 3/2 | 1,114 | West USA Realty |
| 30 E PALO VERDE Street | Sep 17, 2026 | $585,000 | 4/2 | 1,962 | Arizona Elite Properties |
| 333 W Bruce Avenue | Sep 15, 2026 | $351,000 | 3/2 | 1,234 | Libertas Real Estate |
Source: ARMLS IDX via Ivy Realty, updated Oct 3, 2:47 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).