$658,000
$689,900
4.6%For more information regarding the value of a property, please contact us for a free consultation.
131 W LINDBERGH Avenue Coolidge, AZ 85128
Key Details
Sold Price $658,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Coolidge
MLS Listing ID 6935624
Sold Date 11/21/25
Year Built 1963
Annual Tax Amount $946
Tax Year 2021
Lot Dimensions 20230 sf
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Cash cow with nice upgrades. Operating at an 8.5 CAP +/-. Be a part of the rapidly appreciating I-10 corridor in Pinal County. Desirable 20,000+ sf corner lot. Located in an opportunity zone (OZ) in Downtown Coolidge, AZ, which is about 1 hour from Phoenix, and 45 min to the Chandler area. Many upgrades have been completed, including 4 of the 6 units, some plumbing, heating/cooling, and electrical. Gorgeous new parking lot. New ownership can value-add by finishing upgrading. Highly stabilized with excellent cash flow is a hard get in this market. Locally owned/self-managed. Current CAP rates around PHX are much lower based on current listings. This is a property with nice upgrades & solid rents in place already. Please do not disturb the tenants.
Location
State AZ
County Pinal
Community North Coolidge
Area Pinal
Zoning R-3
Direction AZ-87 S to N Arizona Blvd to W Vah Kai Inn Rd to N Main St to the property.
Interior
Heating Other, See Remarks, Individual, Window/Wall Unit(s), Electric
Cooling Other, See Remarks, Window/Wall Unit, Electric, Individual
Flooring Concrete
Appliance Built-In Range, Refrigerator
Exterior
Parking Features Other, Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Private
New Construction No
Schools
School District Coolidge Unified District
Others
Senior Community No
Tax ID 205-03-005
Acceptable Financing No Carry, Conventional
Disclosures None
Listing Terms No Carry, Conventional
Financing Other
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