NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1984 Built

Sale Details

Date Sold: December 16, 2025

Last sale price $730,000

44 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2025

Great investment or house-hack opportunity in the heart of Mesa, Arizona! This multifamily 4-plex for sale offers four fully renovated 2-bedroom, 1-bath units, each with convenient in-unit washer/dryer hookups. Updated in 2020, the units feature modern upgrades including white shaker cabinetry, matte black fixtures, neutral paint tones, newer tile and carpet, and stainless steel appliances—creating a clean, timeless design that attracts quality tenants. Major improvements have already been taken care of, including a new roof and four new A/C units, significantly reducing future maintenance expenses and ensuring long-term durability. Three units are currently tenant-occupied, generating consistent rental income, while one unit is available for an owner-occupant buyer a perfect house-hacking opportunity to live in one unit while your tenants help cover the mortgage. Opportunity for additional rental income by converting the patio to a 3rd bedroom for a savvy buyer. Located in a prime Mesa neighborhood with excellent rental demand, this property offers unbeatable convenience. Just minutes from US-60 and Loop 202 freeways, commuting throughout the Phoenix Metro and East Valley is fast and easy. Residents enjoy being close to shopping, dining, entertainment, top-rated schools, and major employers. The property's central location makes it highly desirable to renters seeking affordable, updated housing with easy access to everything Mesa has to offer. Whether you're a seasoned investor looking for cash flow in Arizona's booming rental market or a buyer searching for a turnkey house-hacking property in Mesa, this 4-plex checks all the boxes. A rare opportunity to own a low-maintenance, income-producing property in one of the fastest-growing areas of the Phoenix Metro!

Last Agent to Sell the Property

Alec Lebeck

Real Broker License #SA678929000 Listed on: 10/03/2025

Real Broker

Co-Listed By

Lacey Daebel

Real Broker License #SA699131000

Last Buyer's Agent

Monica Coker

HomeSmart License #SA641419000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, trash collection
  • Tax Lot 3
  • Assessor Parcel Number 136-24-107

Community Details

Overview

  • 4 Units
  • Building Dimensions are 87'x102'
  • North Mesa Village Subdivision

Building Details

  • Operating Expense $13,876
  • Gross Income $64,856
  • Net Operating Income $52,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,499

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Mesa Dr & McKellips Rd
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Subdivision Name: NORTH MESA VILLAGE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Washer/Dryer, Free-Standing Electric Oven

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 5400.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 87'x102'
  • Additional Parcels: No
  • Parcel #: 136-24-107

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 64856.4
  • Insurance Expense: 5105.0
  • Property Net Operating Income: 52304.0
  • Annual Operating Expense: 13876.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1499.0
  • Tax Book Number: 136.0
  • Tax Lot: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/02/2026 01/02/26 Off Market $730,000 -- --
12/16/2025 12/16/25 Sold $730,000 -5.8% --
12/12/2025 12/12/25 Price Changed $775,000 0.0% --
11/17/2025 11/17/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $775,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6926281

Arizona Regional Multiple Listing Service (ARMLS)
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