Heritage District Downtown Gilbert- GOLD MINE Investor Opportunity. 7.5 CAP RATE RENTURN PROFORMA. Month to month tenants. By App Only showings during diligence period. DRIVE BY ONLY. NO SELLER FINANCING
Bring your buyers to this duplex in the highly desired zip code of 85234. Each duplex has 2 bedrooms and 1 bathroom. Address on mailbox shows 38 & 42 E Elliot. Two separate units, each with thier own drive way and access. PURCHASE THIS HOME FOR AS LITTLE AS 3% DOWN. CLOSE BY JUNE 30, 2011 & REQUEST UP TO 3.5% OF THE FINAL SALES PRICE FOR CLOSING COST ASSISTANCE! ELIGIBILITY RESTRICTIONS APPLY.
Public Records
Apr 22, 1998
Sold
$65,000
Public Records
Dec 30, 1991
Sold
$44,000
Year
Property tax
Land + Additions
Assessment*
2025
$640 (+3.8%)
2024
$616 (−0.5%)
2023
$619 (+2.8%)
2022
$602 (−3.3%)
$4,630 + $18,540
$23,170
2021
$623 (+1.5%)
$4,300 + $17,210
$21,510
2020
$614 (+7.6%)
$4,260 + $17,070
$21,330
2019
$570 (+2.8%)
$2,380 + $9,540
$11,920
2018
$555 (+3.4%)
$2,380 + $9,540
$11,920
2017
$536 (−2.3%)
$1,460 + $5,870
$7,330
2016
$549 (+9.5%)
$1,260 + $5,040
$6,300
2015
$501 (−0.3%)
$1,120 + $4,480
$5,600
2014
$503 (−6.6%)
$820 + $3,300
$4,120
2013
$539 (−27.1%)
$880 + $3,540
$4,420
2012
$739 (+0.9%)
$1,230 + $4,930
$6,160
2011
$732 (−17.8%)
$1,500 + $6,030
$7,530
2010
$891 (−33.5%)
$1,920 + $7,710
$9,630
2009
$1,340
$3,430 + $13,720
$17,150
Tax history for 38 E Elliot Rd
Year
Property tax
Land + Additions
Assessment*
2025
$640 (+3.8%)
2024
$616 (−0.5%)
2023
$619 (+2.8%)
2022
$602 (−3.3%)
$4,630 + $18,540
$23,170
2021
$623 (+1.5%)
$4,300 + $17,210
$21,510
2020
$614 (+7.6%)
$4,260 + $17,070
$21,330
2019
$570 (+2.8%)
$2,380 + $9,540
$11,920
2018
$555 (+3.4%)
$2,380 + $9,540
$11,920
2017
$536 (−2.3%)
$1,460 + $5,870
$7,330
2016
$549 (+9.5%)
$1,260 + $5,040
$6,300
2015
$501 (−0.3%)
$1,120 + $4,480
$5,600
2014
$503 (−6.6%)
$820 + $3,300
$4,120
2013
$539 (−27.1%)
$880 + $3,540
$4,420
2012
$739 (+0.9%)
$1,230 + $4,930
$6,160
2011
$732 (−17.8%)
$1,500 + $6,030
$7,530
2010
$891 (−33.5%)
$1,920 + $7,710
$9,630
2009
$1,340
$3,430 + $13,720
$17,150
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
10,000 Sq. Ft.
Year renovated
1960
Sq. Ft.
1,540
Year built
1960
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
30411184
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
SF-A
Single Family-Attached District
A Single Family-Attached home is a structure that shares a common wall or walls with another unit(s). Some examples of attached dwellings are townhomes, condominiums, duplexes and row houses. Development on these lots tends to be more vertical due to the limited lot size. Garages are typically alley loaded or recessed or detached so that the streetscape is not garage centric.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Infrastructure
Office
Fire house
Police station
Golf related
Agriculture-Cropland
Property details
Parking
Parking Information
Parking Total: 4
Open Parking Spaces: 2
Covered Spaces: 2
Parking Features: Other, Carport
Interior
Heating & Cooling
Has Heating
Cooling: Central Air
Has Cooling
Heating: Individual
Interior Features
Flooring: Other
Exterior
Exterior Features
Construction Materials: Painted, Block
Roof: Composition
Property Information
Ownership: Fee Simple
Road Surface Type: Asphalt
Lot Information
Lot Size Dimensions: 25000
Building Information
Number Of Buildings: 1
Financial
Tax Information
Tax Annual Amount: $602
Tax Year: 2022
Location
School Information
High School District: Gilbert Unified District
Elementary School District: Gilbert Unified District
Location Information
Directions: Gilbert to Elliot, turn west to property
Community Information
Community Features: No Pool
Utility Information
Electric: Other (See Remarks)
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,540
Stories: 1.0
Lot Size: 10,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1960
Year Renovated: 1960
County: Maricopa County
APN: 30411184
Home facts updated by county records on Jul 8, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Places
Transit
Burk Elementary School
Public PreK-6 • Assigned • 0.7mi
6/10
Mesquite Junior High School
Public 6-8 • Assigned • 0.5mi
5/10
Gilbert High School
Public 7-12 • Assigned • 1.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Gilbert, AZ • 85234
Average low and high temperatures (°F)
69
44
78
51
85
57
86
60
94
69
105
78
106
82
107
84
102
78
92
65
76
51
73
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.5 hours in
June and 7.7 hours in December, placing it above the
U.S. average for solar exposure.
13.5 hrs
7.7 hrs
JuneDecember
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