1063 N July Cir Mesa, AZ 85203
Mesa Patios NeighborhoodEstimated payment $3,113/month
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.
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
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 | $1,550 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $575,000 | -- | -- |
Purchase History
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $352,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7002732
APN: 137-32-223
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.