$649,000

1138 N Dresden Cir Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated payment $3,508/month

Total Views 155
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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—a rare setup. Unit 1: updated 1/1 with long-term HOME INC voucher tenant (guaranteed rent + $400/mo), 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 before 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 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!

Listing Agent

Ephrem Jando

Real Broker License #BR552736000 Listed on: 11/18/2025

Real Broker

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,055

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. & Brown Rd.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multii-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2025
  • Subdivision Name: TURCO TERRACE
  • Garage Yn: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition, Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, Free, Assigned, Add'l Parking Avail, Garage Door Opener, <1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Garage: Yes
  • Parking Features RVBoat Parking2: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

  • Electric: Other (See Remarks), City Electric, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Trash Expense: 348.41
  • Annual Water Sewer Expense: 787.89

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: Irregular
  • Additional Parcels: No
  • Parcel #: 137-32-378

Multi Family

  • Owner Pays: Other, See Remarks, Water, Sewer
  • Number Of Units Total: 3
  • Electric Expense: 1147.56
  • Annual Gross Income: 52470.0
  • Insurance Expense: 898.45
  • Property Net Operating Income: 41800.0
  • Annual Operating Expense: 4237.31
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1055.0
  • Tax Book Number: 137.00
  • Tax Lot: 11

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $126,000 New Conventional
Previous Owner $75,050 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6948740

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-378

Arizona Maricopa County Mesa 85203 Mesa Patios

1138 N Dresden Cir, Mesa, AZ

For Sale

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Ephrem Jando
Listing Agent
Ephrem Jando
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Real Broker
(623) 343-9129