$824,900

Estimated payment $4,721/month

Total Views 1,661
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

Attention serious investors.....This is a turn key 4-plex located in a great Mesa location. The current owner has taken great care of the property. There are numerus 4-plexes on this street that are currently undergoing complete renovations which should drive up rents and values in the future. Do not go on the property, drive-by only. Buyer and buyer's agent to verify all facts and figures, This is not a distressed sale situation. No wholesalers or flippers.

Listing Agent

Larry Burr

ATLAS AZ, LLC License #SA684467000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1973

Home Design

  • Shake Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 136-23-185

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Pleasant Homes Subdivision Unit 2

Building Details

  • Operating Expense $1,401
  • Gross Income $57,570
  • Net Operating Income $54,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,401

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: McKellips & Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2024
  • Directions: South to Ingram and turn East to Property.
  • Road Surface Type: Asphalt
  • Subdivision Name: PLEASANT HOMES SUBDIVISION UNIT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Shake
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 136-23-185

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 57570.0
  • Property Net Operating Income: 54570.0
  • Annual Operating Expense: 1401.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1401.0
  • Tax Book Number: 136.00
  • Tax Lot: 123

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,401 $14,273 -- --
2024 $1,412 $13,593 -- --
2023 $1,412 $49,160 $9,830 $39,330
2022 $1,383 $36,480 $7,290 $29,190
2021 $1,400 $29,950 $5,990 $23,960
2020 $1,382 $26,730 $5,340 $21,390
2019 $1,291 $22,770 $4,550 $18,220
2018 $1,239 $20,430 $4,080 $16,350
2017 $1,202 $17,430 $3,480 $13,950
2016 $1,180 $16,520 $3,300 $13,220
2015 $1,109 $14,810 $2,960 $11,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2025 03/22/25 For Sale $824,900 +189.5% --
08/11/2017 08/11/17 Sold $284,900 0.0% $93 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $284,900 -- $93 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $572,000 First Integrity Ttl Agcy Of
Special Warranty Deed $545,000 First Integrity Title Co
Interfamily Deed Transfer -- Clear Title Agency Of Arizon
Warranty Deed $284,900 Clear Title Agency Of Arizon
Interfamily Deed Transfer -- Clear Title Agency Of Arizon
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $267,900 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $95,468 Security Title Agency
Cash Sale Deed $51,800 Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $119,900 Security Title Agency
Warranty Deed $95,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $429,000 New Conventional
Previous Owner $354,250 New Conventional
Previous Owner $354,250 New Conventional
Previous Owner $213,675 New Conventional
Previous Owner $214,320 New Conventional
Previous Owner $135,000 No Value Available
Previous Owner $95,297 FHA
Previous Owner $74,500 New Conventional
Closed $10,100 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6839726

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-185