$675,000

Estimated payment $3,803/month

Total Views 762
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • Desert Landscape

About This Home

Great opportunity to own an income producing 4 plex in Mesa. Two one bed/one bath apartments and two 2bed/one bath apartments. Building has new exterior paint. This building does share a common area courtyard with 1540 E Broadway Rd and they need to be bought together. Unit D tenant has been there just over a year the other 3 tenants are all long term. Units have not been remodeled and could use some TLC.

Listing Agent

Wally Erickson

Erickson Realty Group L.L.C. License #BR523953000 Listed on: 08/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 1971

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • Carport
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Natural Gas Not Available

Additional Features

  • 6 Bedrooms
  • Desert Landscape

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 152
  • Assessor Parcel Number 138-13-163

Community Details

Overview

  • 4 Units
  • Building Dimensions are .248 acres
  • Mesa Homes 2 Replatted Subdivision

Building Details

  • Operating Expense $3,086
  • Gross Income $31,680
  • Net Operating Income $28,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,166

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Broadway/Harris
  • Property Type: Multiple Dwellings
  • Zoning: C-G
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA HOMES 2 REPLATTED
  • Const - Finish:Const - Finish: Painted, Siding
  • Cooling:Cooling: Central Air, Heat Pump
  • 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: Refrigerator, Free-Standing Electric Oven
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Brick, Wood Frame, Painted, Siding
  • Roof: Composition
  • Exterior Amenities: Desert Landscaping

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport, <1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • Parking Features:Parking Features: Carport, <1 Space Per Unit, On Street

Utilities

  • Electric: SRP
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1920.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: .248 acres
  • Additional Parcels: No
  • Parcel #: 138-13-163

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 31680.0
  • Property Net Operating Income: 28594.0
  • Annual Operating Expense: 3086.0

Tax Info

  • Tax Annual Amount: 1166.0
  • Tax Book Number: 138.0
  • Tax Lot: 152

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 $1,166 $11,820
2024 $1,170 $11,257
2023 $1,170 $43,090 $9,550 $33,540
2022 $1,145 $32,170 $7,130 $25,040
2021 $1,159 $26,100 $5,780 $20,320
2020 $1,144 $23,350 $5,170 $18,180
2019 $1,069 $19,680 $4,360 $15,320
2018 $1,026 $17,770 $3,940 $13,830
2017 $996 $15,300 $3,390 $11,910
2016 $977 $15,120 $3,350 $11,770
2015 $918 $12,990 $2,880 $10,110
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
08/10/2026 08/10/26 For Sale $675,000 -- --
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
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $102,000 Security Title Agency
Interfamily Deed Transfer -- First American Title
Warranty Deed $102,000 First American Title
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7066921

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-13-163

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