102 S Pomeroy Mesa, AZ 85210
Downtown Mesa NeighborhoodEstimated payment $2,313/month
Highlights
- Two cooling system units
- Franklin at Brimhall Elementary School Rated A
- Heating System Uses Natural Gas
About This Home
This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,406
Year Built
- Built in 1960
Home Design
- Composition Roof
- Block Exterior
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Parking Available
- Paved Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Two cooling system units
- Heating System Uses Natural Gas
- Master Meter
- Gas Available
- Master Water Meter
Listing and Financial Details
- The owner pays for water, sewer, electricity, gas, trash collection
- Legal Lot and Block 6 / 36
- Assessor Parcel Number 138-66-021
Community Details
Overview
- 7 Units
- Building Dimensions are Approx. 152.35ft x 49.95ft
- Mesa Subdivision
Building Details
- Operating Expense $45,815
- Net Operating Income $24,379
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,406 | $16,932 | ||
| 2024 | $1,676 | $16,126 | ||
| 2023 | $1,676 | $55,110 | $11,020 | $44,090 |
| 2022 | $1,641 | $37,430 | $7,480 | $29,950 |
| 2021 | $1,661 | $30,510 | $6,100 | $24,410 |
| 2020 | $1,639 | $27,650 | $5,530 | $22,120 |
| 2019 | $1,532 | $24,070 | $4,810 | $19,260 |
| 2018 | $1,470 | $20,760 | $4,150 | $16,610 |
| 2017 | $1,426 | $20,530 | $4,100 | $16,430 |
| 2016 | $1,400 | $17,980 | $3,590 | $14,390 |
| 2015 | $1,316 | $17,620 | $3,520 | $14,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2026 07/31/26 | Pending | -- | -- | -- |
| 07/24/2026 07/24/26 | For Sale | $399,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title | |
| Joint Tenancy Deed | $164,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7058538
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.