Home » 19679 E ESTRELLA Road, Queen Creek, AZ, 85142

122 W WASHINGTON Avenue, Gilbert, AZ, 85233

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$400,000
New Listing

122 W WASHINGTON Avenue
Gilbert, AZ 85233

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1937
Built
Subdivision:
LACY TRACT BLK 9
County:
Maricopa
Call Now: 480-630-1408
Is this the home for you? We can help make it yours.
480-630-1408
122 W WASHINGTON Avenue122 W WASHINGTON Avenue122 W WASHINGTON Avenue122 W WASHINGTON Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$1,825
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

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. Rented way below market $900-$1,100 Market rents are $1500-$1700 for the two bedroom and $1,900 to $2,200 3 bedroom Zoned single family one meter shares utilities costs between houses one meter for water and sewer and trash 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.

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Listing Snapshot
Price 
$400,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1937
MLS® Number 
6804854
Status 
Active
Property Tax 
$1,144
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
11 hours agoListing first seen on site
General Features
Disclosures 
None
Garage 
Yes
Parking 
Common
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-6
Interior Features
Cooling 
Central AirElectric
Flooring 
Ceramic Tile
Heating 
ElectricNatural Gas
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Exterior Features
Construction Details 
Block
Roof 
Composition
Community Features
Financing Terms Available 
ConventionalFHAVA Loan
Roads 
Asphalt
School District 
Gilbert Unified District
Township 
1S
Schools
School District
Gilbert Unified District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Grace CRE.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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