$575,000

Estimated payment $3,222/month

Total Views 6,066
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Brick Veneer
  • Franklin at Brimhall Elementary School Rated A
  • Central Heating and Cooling System

About This Home

Prime Investment Opportunity! This fully remodeled duplex in North Mesa delivers an impressive 8% cap rate and multiple high-performing rental strategies. Situated on a quiet July Circle cul-de-sac, this property features two updated units designed for strong, consistent cash flow and minimal vacancy. Both units offer modern finishes, efficient layouts, and private backyard spaces--ideal for traditional long-term tenants, furnished mid-term rentals, traveling professionals, or even a pad-split configuration to maximize income. With ample parking and low-maintenance landscaping, this property is built for streamlined management and stable returns. A turnkey, high-yield asset--opportunities like this are rare! For an owner occupant ask us about the $5K grant available for this duplex! This building is by far the best looking building in the neighborhood with endless possibilities.

Listing Agent

Erin Woodruff

Realty ONE Group License #SA641733000 Listed on: 03/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $775

Year Built

  • Built in 1972

Home Design

  • Brick Veneer
  • Concrete Roof

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Kerr Center For Agriscience Elementary School
  • Kino Junior High School
  • Westwood High School

Additional Features

  • Blinds
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 137-32-223

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6996
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $1,373
  • Gross Income $49,020
  • Net Operating Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$775

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Brown Road & Horne
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: Enchanted Village
  • Const - Finish:Const - Finish: Brick Veneer
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Dishwasher
  • Interior Features:Interior Features: Unfurnished, Mini Blinds

Exterior Features

  • Disclosures: None
  • Construction Type: Brick, Brick Veneer
  • Roof: Concrete

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Carport

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Kerr Center for Agriscience
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 6996
  • Additional Parcels: No
  • Parcel #: 137-32-223

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 49020.0
  • Insurance Expense: 478.0
  • Property Net Operating Income: 51600.0
  • Annual Operating Expense: 1372.93
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 774.93
  • Tax Book Number: 137.0
  • Tax Lot: 117

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,550 $15,709
2024 $1,555 $14,961
2023 $1,555 $31,030 $6,200 $24,830
2022 $1,522 $23,500 $4,700 $18,800
2021 $1,541 $21,630 $4,320 $17,310
2020 $1,521 $20,510 $4,100 $16,410
2019 $1,421 $18,780 $3,750 $15,030
2018 $1,364 $16,970 $3,390 $13,580
2017 $1,323 $15,910 $3,180 $12,730
2016 $1,299 $14,720 $2,940 $11,780
2015 $1,221 $13,410 $2,680 $10,730
Source: Public Records

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
03/23/2026 03/23/26 For Sale $575,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
Warranty Deed -- --
Warranty Deed $440,000 Driggs Title Agency Inc
Interfamily Deed Transfer -- Chicago Title Insurance Co
Cash Sale Deed $160,000 Chicago Title Insurance Co
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $352,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7002732

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-223

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