1041 N Mesa Dr Mesa, AZ 85201
Mesa Patios NeighborhoodEstimated payment $28,953/month
Highlights
- Wood Flooring
- Central Heating and Cooling System
- Ceiling Fan
- Franklin at Brimhall Elementary School Rated A
About This Home
All Facts & Figures Approximate, Buyer to Verify to Their Satisfaction. Discover a remarkable multiplex that promises a solid investment. This well-maintained property features 24 spacious units, each generating reliable rental income while showcasing significant investment potential. Long Term Owners and Tenants. All Single Level Buildings. with Newer Air Conditioners Walking Distance to Shopping. Great Parking Along With Street Parking. Please Do Not Disturb Tenants. Each unit is individually metered for electricity, simplifying utility management and maximizing profitability. The property boasts Ample parking spaces, ensuring ample parking for both residents and guests, further enhancing its overall convenience and appeal. Additionally, which boosts tenant comfort and desirability. Mesa's thriving economy and robust job market make it a highly sought-after location for renters, ensuring strong rental demand and low vacancy rates. With convenient access to major highways and public transportation, commuting to Phoenix and its surrounding areas is effortless. This property is strategically situated in the heart of Mesa, with nearby amenities including shopping centers, restaurants, schools, and parks. The property is well connected to major highways and public transport, providing easy access to the greater Phoenix Metropolitan Area. Seller May Carry
Co-Listing Agent
Better Homes & Gardens Real Estate SJ Fowler License #BR646588000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,133
Year Built
- Built in 1972
Home Design
- Brick Exterior Construction
- Composition Roof
- Built-Up Roof
- Foam Roof
- Block Exterior
Flooring
- Wood
- Concrete
- Ceramic Tile
Parking
- 9 Open Parking Spaces
- 29 Parking Spaces
- Carport
- Paved Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Individual Controls for Heating
- Master Water Meter
Additional Features
- Ceiling Fan
- Additional Parcels
Listing and Financial Details
- Tax Lot 45
- Assessor Parcel Number 137-32-151
Community Details
Overview
- 6 Buildings
- 24 Units
- Building Dimensions are 57582
- Enchanted Village Subdivision
Building Details
- Operating Expense $34,533
- Gross Income $404,400
- Net Operating Income $384,439
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,282 | $13,063 | -- | -- |
| 2024 | $1,293 | $12,441 | -- | -- |
| 2023 | $1,293 | $45,110 | $9,020 | $36,090 |
| 2022 | $1,266 | $34,110 | $6,820 | $27,290 |
| 2021 | $1,281 | $27,630 | $5,520 | $22,110 |
| 2020 | $1,265 | $24,630 | $4,920 | $19,710 |
| 2019 | $1,182 | $20,370 | $4,070 | $16,300 |
| 2018 | $1,134 | $17,960 | $3,590 | $14,370 |
| 2017 | $1,100 | $15,350 | $3,070 | $12,280 |
| 2016 | $1,080 | $14,530 | $2,900 | $11,630 |
| 2015 | $1,015 | $13,160 | $2,630 | $10,530 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $5,100,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Buntrock Harrison Gardner Pllc | |
| Warranty Deed | $175,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $65,000 | Unknown | |
| Previous Owner | $110,000 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6858057
APN: 137-32-151
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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