131 W Lindbergh Avenue Coolidge, AZ 85128
Sold
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James "Cass" Stephens

  131 W Lindbergh Avenue Coolidge, AZ 85128

Sold on 11/21/2025
$658,000 (USD)

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.

MLS #:
6935624
Taxes
$946
Type
Multifamily
Year Built
1963
County
Pinal County

Listed By

James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler
Bought with
David W Fry, Arizona Realty Shop
Source
Arizona Regional MLS
Last checked Nov 23 2025 at 9:13 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Electric
  • Individual
  • Window/Wall Unit(s)
  • Other
  • See Remarks
  • Window/Wall Unit
Flooring
  • Vinyl
  • Concrete
Exterior Features
  • Block
  • Painted
  • Wood Frame
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
Parking
  • Assigned
  • >1 Space Per Unit
  • Add'L Parking Avail
  • Paved
  • Other

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 15, 2025
Listed
$689,900
-
-
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 11/23/25 13:13.