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.
Sold for $658,000
$658,000
131 W LINDBERGH Avenue, Coolidge, AZ 85128
6beds
4baths
3,100sqft
Multi Family
Built in 1963
-- sqft lot
$502,600 Zestimate®
$212/sqft
$1,380 Estimated rent
Home value
$502,600
$437,000 - $568,000
$1,380/mo
Zestimate® history
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List your homeWhat's special
Gorgeous new parking lotCorner lot
Zillow last checked:
Listing updated:
Listed by:
James C Stephens 602-672-3526,
Better Homes & Gardens Real Estate SJ Fowler
Bought with:
David W Fry, BR522422000
Arizona Realty Shop
Source: ARMLS,MLS#: 6935624
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: $212/sqft
- Tax assessed value: $210,653
- Annual tax amount: $946
- Date on market: 10/22/2025
- Cumulative days on market: 30 days
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $658,000-4.6%$212/sqft |
Source:  ARMLS #6935624 Report a problem | ||
| 11/18/2025 | Pending sale | $689,900$223/sqft |
Source: ARMLS #6935624 Report a problem | ||
| 10/18/2025 | Listed for sale | $689,900-1.4%$223/sqft |
Source: ARMLS #6935624 Report a problem | ||
| 8/5/2025 | Listing removed | $699,900$226/sqft |
Source: ARMLS #6816626 Report a problem | ||
| 4/23/2025 | Price change | $699,900-6.7%$226/sqft |
Source: ARMLS #6816626 Report a problem | ||
| 4/3/2025 | Price change | $750,000-1.3%$242/sqft |
Source: ARMLS #6816626 Report a problem | ||
| 3/12/2025 | Price change | $760,000-2.6%$245/sqft |
Source: ARMLS #6816626 Report a problem | ||
| 2/6/2025 | Listed for sale | $780,000+387.5%$252/sqft |
Source: ARMLS #6816626 Report a problem | ||
| 3/11/2020 | Sold | $160,000+28%$52/sqft |
Source: Public Record Report a problem | ||
| 12/19/2019 | Sold | $125,000+150.5%$40/sqft |
Source: Public Record Report a problem | ||
| 12/31/2013 | Sold | $49,900-23.2%$16/sqft |
Source: ARMLS #4837585 Report a problem | ||
| 8/3/2010 | Sold | $65,000+54.8%$21/sqft |
Source: Public Record Report a problem | ||
| 4/14/2010 | Sold | $42,000+154.2%$14/sqft |
Source: Public Record Report a problem | ||
| 12/10/2009 | Sold | $16,524-63.3%$5/sqft |
Source: Public Record Report a problem | ||
| 4/14/2000 | Sold | $45,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,188 +3.9% | $21,065 -2.5% |
| 2025 | $1,144 -2.7% | $21,608 0% |
| 2024 | $1,175 +3.8% | $21,616 +44.2% |
| 2023 | $1,133 | $14,990 |
Find assessor info on the county website
Neighborhood: 85128
Nearby homes
- $---- bd1 ba590 sqft131 W Lindbergh Ave #1, Coolidge, AZ 85128Off Market
- $895-- bd1 ba322 sqft131 W Lindbergh Ave #2, Coolidge, AZ 85128For Rent
- $1,0001 bd1 ba400 sqft131 W Lindbergh Ave #A, Coolidge, AZ 85128For Rent
- $---- bd1 ba-- sqft131 W Lindbergh Ave #3, Coolidge, AZ 85128Off Market
- $--1 bd1 ba550 sqft131 W Lindbergh Ave #B, Coolidge, AZ 85128Off Market
- $184,3003 bd2 ba1.5k sqft496 N Main St, Coolidge, AZ 85128Off Market
- $--2 bd1 ba1.6k sqft496 N Main St UNIT A, Coolidge, AZ 85128Off Market
- $176,800-- bd-- ba1.6k sqft427 N Main St, Coolidge, AZ 85128Off Market
Nearby schools
GreatSchools rating
- 2/10West Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 3/10Coolidge Jr. High SchoolGrades: 6-8Distance: 1 mi
- 3/10Coolidge High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Coolidge Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$502,600
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Estimated market value
$502,600
- Arizona
- Pinal County
- Coolidge
- 85128
- 131 W LINDBERGH Avenue
Nearby cities
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