$750,000

Estimated payment $4,081/month

Total Views 5,707
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Fenced
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

Turn-key investment opportunity! This fully renovated 4-unit property (2 duplexes on 2 parcels) features spacious 1-bed/1-bath units with open floor plans, premium finishes, and HUGE private patios. Each unit includes quartz countertops, stainless steel appliances, shaker cabinets, modern flooring, and updated HVAC, roofs, windows, plumbing, and electrical. Sitting on a large 16,089 SF lot with ample parking, just 1/4 mile from Mesa Light Rail. All four units are occupied. Property management in place. Drive by only. Do not disturb tenants.

Listing Agent

Soroosh Ghafaripanah

AZ Dream Homes License #SA656081000 Listed on: 04/23/2026

AZ Dream Homes

Co-Listing Agent

Thomas Espinosa

AZ Dream Homes License #SA647984000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 1970

Lot Details

  • Fenced
  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Parking Spaces
  • Free Parking
  • Additional Parking
  • 8 Open Parking Spaces

Schools

  • Longfellow Elementary School
  • Poston Junior High School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 6
  • Assessor Parcel Number 138-14-007-C

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 133.81 x 122.44
  • Hibbert Allen Acres Lots 1 4 Subdivision

Building Details

  • Operating Expense $11,756
  • Gross Income $59,547
  • Net Operating Income $47,791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,194

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Main St & Stapley Dr
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: azdh001
  • Co List Office Phone: 480-256-2262
  • Subdivision Name: HIBBERT-ALLEN ACRES LOTS 1-4
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Microwave

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0

Utilities

  • Electric: SRP
  • Cooling: Varies by Unit
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Longfellow Elementary School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 133.81 x 122.44
  • Additional Parcels: Yes
  • Parcel #: 138-14-007-C

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 59547.0
  • Property Net Operating Income: 47791.0
  • Annual Operating Expense: 11756.0

Tax Info

  • Tax Annual Amount: 1194.0
  • Tax Book Number: 138.0
  • Tax Lot: 6

Map

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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 $1,200 $12,165 -- --
2024 $1,204 $11,586 -- --
2023 $1,204 $40,220 $4,500 $35,720
2022 $1,179 $28,400 $3,170 $25,230
2021 $1,193 $23,610 $2,640 $20,970
2020 $1,178 $21,060 $2,350 $18,710
2019 $1,100 $16,660 $1,860 $14,800
2018 $1,056 $13,820 $1,540 $12,280
2017 $1,025 $14,180 $1,580 $12,600
2016 $1,006 $13,530 $1,510 $12,020
2015 $945 $11,850 $1,320 $10,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2026 04/23/26 For Sale $750,000 +50.0% --
08/21/2019 08/21/19 Sold $499,900 0.0% $700 / Sq Ft View Prior Sale
06/20/2019 06/20/19 For Sale $499,900 -- $700 / Sq Ft
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
Warranty Deed $499,900 Chicago Title Agency
Cash Sale Deed $37,500 Security Title Agency
Warranty Deed $129,900 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $129,036 FHA
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7018183

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-007C

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