229 N PALM Street #TRLR, Gilbert, AZ 85234
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229 N PALM Street #TRLR, Gilbert, AZ 85234
229 N PALM Street #TRLR, Gilbert, AZ 85234
229 N PALM Street #TRLR, Gilbert, AZ 85234
229 N PALM Street #TRLR, Gilbert, AZ 85234

$1,000,000

Est. payment /mo

$1,000,000

Est.Price: ?

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229 N PALM Street #TRLR Gilbert, AZ 85234

SOLD DATE : 04/17/2026

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6993986

Sold Date 04/17/26

Year Built 1960

Annual Tax Amount $2,835

Tax Year 2025

Lot Dimensions 90x255

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Developer / Investor Opportunity - Located in the Heritage District in Downtown Gilbert... This unique property features a single-family residence at the front & center of a long-standing trailer park, offering a rare opportunity for redevelopment or income potential. The main house includes 4 bedrooms. In addition, the property includes multiple trailer units consisting of one 2-bedroom trailer and 4 single-bedroom units. This property presents an excellent opportunity for developers, investors, or buyers seeking a value-add project. Whether you choose to renovate the existing structures, reposition the property as a rental portfolio, or explore redevelopment options, the possibilities are significant. Buyer to verify zoning, usage, and redevelopment opportunities with the appropriate municipality.

Location

State AZ

County Maricopa

Area Maricopa

Zoning Multi-family/Lo

Direction North on Gilbert Rd, East on Cullumber, North on Palm to property on the right.

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Carpet

Appliance Free-Standing Range, Disposal, Refrigerator, W/D Hookup

Exterior

Parking Features Add'l Parking Avail, 1 Space/Unit

Community Features No Pool

Roof Type Composition,Rolled/Hot Mop

Private Pool No

Building

Sewer Public Sewer

Water Master Meter

New Construction No

Schools

Elementary Schools Gilbert Elementary School

High Schools Gilbert High School

School District Gilbert Unified District

Others

Senior Community No

Tax ID 304-11-159

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by On Q Property Management • Tammy Knight
Bought with On Q Property Management
Jonathon Shoecraft

Jonathon Shoecraft

Designated Broker | Owner | License ID: BR704693000

+1(385) 266-6377

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