1138 N Dresden Cir Mesa, AZ 85203
Mesa Patios NeighborhoodEstimated payment $3,374/month
Highlights
- RV or Boat Parking
- Wood Flooring
- Community Playground
- Franklin at Brimhall Elementary School Rated A
- Cooling Available
- Heating Available
About This Home
TURN-KEY: Mesa triplex with three separate addresses and garages—a rare setup. Unit 1: updated 1/1 with long-term HOME INC voucher tenant (guaranteed rent 1127 + $411/mo tenant), landlord-paid utilities, and private 1-car garage. Unit 2: 1/1 with 2-car garage; 7-year tenant at $1,250/mo—can be re-rented at $1250 prior to COE. Unit 3: 2/1 at $1,500/mo with private yard and carport. Property includes coin-op laundry, workshop-size storage, and an RV gate with rentable RV parking space. Expansion potential for a studio/4th unit. Cul-de-sac lot near light rail/freeways with alley access. HVAC units professional maintained, roof partial and full replacements already done. 2/3 units remodeled. Private alley for tenants. BUILDING QUALIFIES FOR FHA, LIVE IN ONE UNIT AND RENT THE OTHER TWO!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,055
Year Built
- Built in 1972
Home Design
- Wood Frame Construction
- Composition Roof
- Metal Roof
- Block Exterior
- Stucco
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 3 Open Parking Spaces
- 7 Parking Spaces
- Carport
- Free Parking
- Automatic Garage Door Opener
- RV or Boat Parking
- Assigned Parking
Schools
- Kerr Center For Agriscience Elementary School
- Kino Junior High School
- Westwood High School
Utilities
- Cooling Available
- Heating Available
- Master Water Meter
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 137-32-378
Community Details
Overview
- 3 Units
- Building Dimensions are Irregular
- Turco Terrace Subdivision
Recreation
- Community Playground
Building Details
- Operating Expense $4,237
- Gross Income $52,470
- Net Operating Income $41,800
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 | $1,055 | $10,698 | -- | -- |
| 2024 | $1,059 | $10,189 | -- | -- |
| 2023 | $1,059 | $35,020 | $7,000 | $28,020 |
| 2022 | $1,037 | $26,750 | $5,350 | $21,400 |
| 2021 | $1,050 | $22,550 | $4,510 | $18,040 |
| 2020 | $1,036 | $20,570 | $4,110 | $16,460 |
| 2019 | $968 | $17,350 | $3,470 | $13,880 |
| 2018 | $929 | $15,450 | $3,090 | $12,360 |
| 2017 | $901 | $12,850 | $2,570 | $10,280 |
| 2016 | $884 | $12,130 | $2,420 | $9,710 |
| 2015 | $831 | $10,560 | $2,110 | $8,450 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2025 12/05/25 | Price Changed | $629,000 | -1.6% | -- | |
| 11/26/2025 11/26/25 | Price Changed | $639,000 | -1.5% | -- | |
| 11/18/2025 11/18/25 | For Sale | $649,000 | +159.6% | -- | |
| 01/04/2018 01/04/18 | Sold | $250,000 | -3.8% | $121 / Sq Ft | View Prior Sale |
| 12/27/2017 12/27/17 | Pending | -- | -- | -- | |
| 12/22/2017 12/22/17 | For Sale | $259,900 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $168,000 | Lawyers Title Ins | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,000 | New Conventional | |
| Previous Owner | $75,050 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6948740
APN: 137-32-378
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