$749,000
$1K PRICE DROP

Estimated payment $4,301/month

Total Views 1,149
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

This well-maintained 4-unit building offers an excellent opportunity for investors or owner-occupants. Each unit features 2 spacious bedrooms, 1 full bath, and comfortable living areas designed for easy, low-maintenance living. Located in a desirable neighborhood with convenient access to local amenities, shopping, and public transportation, this property offers consistent rental income potential.

Listing Agent

Luis Espinoza

Gile Commercial Real Estate License #SA663217000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 139-23-034-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 186 by 63
  • Lydia Allen Tract Subdivision

Building Details

  • Operating Expense $5,953
  • Gross Income $67,260
  • Net Operating Income $67,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,453

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Rm-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: LYDIA ALLEN TRACT
  • Tax Parcel Letter: B
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: Other (See Remarks), City Electric
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 4500.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 186 by 63
  • Additional Parcels: No
  • Parcel #: 139-23-034-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 67260.0
  • Property Net Operating Income: 67260.0
  • Annual Operating Expense: 5953.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1453.0
  • Tax Book Number: 139.00
  • Tax Lot: 11

Map

Range of Values:

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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 $1,453 $14,806 -- --
2024 $1,465 $14,101 -- --
2023 $1,465 $51,080 $10,210 $40,870
2022 $1,435 $35,130 $7,020 $28,110
2021 $1,452 $27,760 $5,550 $22,210
2020 $1,434 $24,960 $4,990 $19,970
2019 $1,339 $20,180 $4,030 $16,150
2018 $1,286 $18,380 $3,670 $14,710
2017 $1,247 $16,200 $3,240 $12,960
2016 $1,224 $15,310 $3,060 $12,250
2015 $1,150 $13,220 $2,640 $10,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $749,000 -0.1% --
03/21/2025 03/21/25 For Sale $750,000 0.0% --
02/06/2025 02/06/25 Off Market $750,000 -- --
01/02/2025 01/02/25 For Sale $750,000 +87.5% --
03/27/2020 03/27/20 Sold $400,000 0.0% $128 / Sq Ft
01/27/2020 01/27/20 Price Changed $400,000 +1.3% $128 / Sq Ft
01/17/2020 01/17/20 For Sale $395,000 +139.4% $127 / Sq Ft
03/26/2015 03/26/15 Sold $165,000 0.0% $53 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $165,000 -- $53 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed -- New Title Company Name
Warranty Deed $400,000 First American Title Ins Co
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Cash Sale Deed $165,000 First American Title Ins Co
Warranty Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $105,000 Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $184,900 North American Title Co
Warranty Deed -- North American Title Co
Joint Tenancy Deed $135,900 Chicago Title Insurance Co
Joint Tenancy Deed $114,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $332,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $78,750 New Conventional
Previous Owner $226,800 Unknown
Previous Owner $166,400 New Conventional
Previous Owner $138,600 VA
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6799037

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-23-034B