Active
122 W WASHINGTON Avenue
Gilbert AZ, 85233
$400,000
$355.87 per sqft
Active
5 Beds
3 Baths
1,124 sqft
Residential
Built in 1937
Discover a unique opportunity to own a piece of historic charm in the heart of Downtown Gilbert! This delightful property offers not one, but two homes on the same lot, making it an ideal choice for savvy investors, first-time buyers, or those seeking a multi-generational living arrangement.
Main House Features:
3 Bedrooms & 1.5 Bathrooms 1,124 square feet.
Cozy yet spacious living areas with character-rich details.
A single-car carport for convenient parking.
Perfect for a small family or those looking to make this gem their own.
Guest House Features: 750 square feet
2 Bedrooms & 1 Bathroom
Separate entry and utilities for added privacy and independence.
Ideal for rental income, extended family, or a private workspace. Prime Location: Just steps away from Downtown Gilbert's bustling dining, entertainment, and shopping scene.
Dual Utility Setup: Both homes are separately metered for electricity and water, offering flexibility and easy management. Shared trash service simplifies maintenance.
Investment Opportunity: With both homes tenant-occupied, you can start earning income immediately.
Important Notes:
The main house features variations in floor levels, adding a touch of character to the layout.
This is a rare chance to own a property in one of the most sought-after areas of Gilbert, with endless potential to customize or maintain as an income-generating asset.
Current tenants are month to month.
All facts and figures are approximate buyer verify MLS information
Drive by only do not disturb tenants
Don't miss your chance to own this incredible property in the heart of Downtown Gilbert.
6803694
MLSⓇ ID
January 11, 2025
Listed
January 15, 2025
Updated
Map
122 W WASHINGTON Avenue
Gilbert AZ, 85233
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
3
Interior Features
Eat-in Kitchen, High Speed Internet
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Both Refrig Evap
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Storage
Lot Features
Alley, Desert Front
Roof
Composition
Sewer
Sewer in Cnctd, Public Sewer
School Information
School District
Gilbert Unified District
High School
Gilbert Classical Academy High School
Elementary School
Gilbert Elementary School
Other Property Details
Taxes
$1,144
Tax Frequency
Annually
Days on Market
3
Association Amenities
None
Garage
No
Parking
Detached
View
Yes
County
Maricopa
Water Source
City Water
Pool
No
Pool Features
None
Open House Schedule
Sat, Jan 18th
12:00 PM - 1:30 PM MST
Courtesy of Grace CRE
Listing Contact: 480-375-0227
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Devin Guerrero shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 1:46 AM UTC, 1/15/2025.