$520,000

Estimated payment $2,972/month

Total Views 2,952
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Concrete Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

Now offering $2500 in buyer credits plus a $7500 grant from Chase bank! Both units are currently rented BUT the tenants are month-to-month so a buyer can live in one unit and rent the other unit! Rents are currently at $1750 and $1500 and both units are totally remodeled, newer flooring, appliances, cabinets, new paint and ready to go! The property comes with 2 parking spaces and the income potential is unlimited. Each unit features a spacious layout with modern finishes, making them highly desirable for tenants or an owner-occupant. The updated kitchens and bathrooms add to the home's appeal, and the low-maintenance yard enhances convenience. With no long-term lease commitments, this is a perfect opportunity for house hacking or maximizing rental income. Cap rate is 6.8%!!

Listing Agent

Erin Woodruff

Realty ONE Group License #SA641733000

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1963

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Lincoln Elementary School
  • Mesa High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 139-33-140

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7566
  • Resub Of Pt Western Homesites Add 2 Subdivision

Building Details

  • Operating Expense $842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$842

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Southern & Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Directions: Head south on S Country Club Drive (AZ-87 S). Turn left onto W 8th Ave, then turn right onto S Lewis. The destination on the left. Or use GPS and it takes you right there.
  • Road Surface Type: Asphalt
  • Subdivision Name: RESUB OF PT WESTERN HOMESITES ADD 2
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Concrete
  • Appliances: Free-Standing Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: SRP
  • Cooling: Central Air, Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 7566
  • Additional Parcels: No
  • Parcel #: 139-33-140

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 842.0

Tax Info

  • Tax Annual Amount: 842.0
  • Tax Book Number: 139.00
  • Tax Lot: 186

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 $842 $8,579 -- --
2024 $849 $8,170 -- --
2023 $849 $29,850 $5,970 $23,880
2022 $831 $20,920 $4,180 $16,740
2021 $842 $17,600 $3,520 $14,080
2020 $831 $15,770 $3,150 $12,620
2019 $776 $12,230 $2,440 $9,790
2018 $745 $11,200 $2,240 $8,960
2017 $723 $9,770 $1,950 $7,820
2016 $709 $9,010 $1,800 $7,210
2015 $667 $7,900 $1,580 $6,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 For Sale $520,000 +22.4% --
06/21/2022 06/21/22 Sold $425,000 -2.3% $286 / Sq Ft
06/03/2022 06/03/22 Price Changed $435,000 0.0% $293 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $435,000 -- $293 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $425,000 Driggs Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6826959

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-33-140