122 W Washington Avenue Gilbert, AZ 85233
Listing Courtesy of: Arizona Regional MLS / Grace Cre

  122 W Washington Avenue Gilbert, AZ 85233

Active (19 Days)
$400,000
5
BED
3
BATH
1,124
SQFT

Description

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.
Attention tenants are month to month $900-$1100 only one showing SATURDAY Viewing 12-130pm January 18th no schedule only chance to for property before contract acceptance

MLS #:
6803694
Taxes
$1,144
Lot Size
6,500 SQFT
Type
Single-Family Home
Year Built
1937
County
Maricopa County

Listed By

Sophia J Willets, Grace Cre
Source
Arizona Regional MLS
Last checked Jan 31 2025 at 5:32 AM MST
Bathroom Details
Interior Features
  • High Speed Internet
  • Eat-In Kitchen
Lot Information
  • Desert Front
  • Alley
Property Features
  • Fireplace: None
Heating and Cooling
  • Natural Gas
  • Both Refrig & Evap
Pool Information
  • None
Exterior Features
  • Block
  • Stucco
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer, Sewer In & Cnctd
School Information
  • Elementary School: Gilbert Elementary School
  • Middle School: Gilbert Classical Academy 7-12
  • High School: Gilbert Classical Academy High School
Parking
  • Detached
Stories
  • 1.00000000
Living Area
  • 1,124 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 1/30/25 21:32.