$400,000
- Beds
- 5
- Baths
- 3.0
- sq ft
- 1,124
122 W Washington Ave, Gilbert, AZ 85233
122 W Washington Ave
Gilbert, AZ 85233
- <1 day on market
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.
Details
Property type
Single Family Residence
Lot size
6,500 sq ft
Price per sq ft
$356
Year built
1937
Annual property taxes
$1,144
HOA
No
Price History
01/11/2025
ArizonaRegional #6803694
Listed
$400,000
+35.59%
05/16/2019
ArizonaRegional #5903671
Sold
$295,000
Schools & Community
Neighborhood:
Lacy
Elementary school:
Gilbert Elementary School
Middle school:
Gilbert Classical Academy 7-12
High school:
Gilbert Classical Academy High School
High school district:
Gilbert Unified District
Status: Active
Tomo last checked: 01/11/2025 at 10:45 PM
Listing updated: 01/11/2025 at 5:05 PM
Listed by: Sophia J Willets, Grace CRE Phone #: (602) 975-5516
MLS: ArizonaRegional #6803694
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