Cash cow with nice upgrades. 8.35 CAP trending to 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 significant upgrades have been completed, including 4 of the 6 units, major plumbing, heating/cooling, and electrical. Gorgeous new parking lot. New ownership can value-add by finishing some upgrading and raising rents. New 30-year 5-8 unit DSCR loan product would work well. 100% occupied, access to the units in escrow only. Highly stabilized with excellent cash flow is a hard get in this market.
For sale
$699,900
131 W Lindbergh Ave, Coolidge, AZ 85128
6beds
4baths
3,100sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$226/sqft
$-- HOA
What's special
Gorgeous new parking lotCorner lot
- 181 days
- on Zillow |
- 173 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 11:06am
Listed by:
James C Stephens 602-672-3526,
Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS,MLS#: 6816626

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Other, See Remarks, Individual, Window/Wall Unit(s), Electric
Cooling
- Other, See Remarks, Wall/Window Unit(s), Electric, Individual
Appliances
- Included: Built-In Range, Refrigerator
Features
- Flooring: Vinyl, Concrete
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 14
- Parking features: Other, Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit
- Uncovered spaces: 14
Lot
- Size: 0.46 Acres
- Dimensions: 20230 sf
Details
- Parcel number: 20503005
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Block
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Features: No Pool
- Subdivision: NORTH COOLIDGE
Location
- Region: Coolidge
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $216,076
- Annual tax amount: $1,200
- Date on market: 2/4/2025
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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