$685,000
$10K PRICE DROP

Estimated payment $3,785/month

Total Views 2,073
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Detached Carport Space
  • Central Heating and Cooling System
  • Wood Siding
  • Franklin at Brimhall Elementary School Rated A

About This Home

Fantastic investment opportunity in Central Mesa. This 4plex features all 2 bed 1 bath units with long term tenants already in place. Current rents are below market but all 4 tenants are on month to month leases, so increasing rents is possible with 30 day notices. All facts and figures approximate, buyer to verify to their satisfaction.

Listing Agent

Wally Erickson

Erickson Realty Group L.L.C. License #BR523953000 Listed on: 06/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1972

Home Design

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

Parking

  • 6 Parking Spaces
  • Detached Carport Space
  • Parking Available

Utilities

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

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 82
  • Assessor Parcel Number 140-25-492

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8764 sq ft
  • Oak Park Mesa Unit 2 Subdivision

Building Details

  • Operating Expense $1,269
  • Gross Income $47,760
  • Net Operating Income $47,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,269

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Gilbert Rd/Broadway
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: OAK PARK MESA UNIT 2
  • Const - Finish:Const - Finish: Wood Siding
  • Cooling:Cooling: Central Air, Heat Pump, Electric
  • 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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Wood Frame, Wood Siding
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit, Detached Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Features: 1 Space/Unit, Detached Carport

Utilities

  • Electric: SRP
  • Cooling: Central Air, Heat Pump, Electric
  • Heating: Electric, 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

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 8764 sq ft
  • Additional Parcels: No
  • Parcel #: 140-25-492

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 47760.0
  • Property Net Operating Income: 47760.0
  • Annual Operating Expense: 1269.0

Tax Info

  • Tax Annual Amount: 1269.0
  • Tax Book Number: 140.0
  • Tax Lot: 82

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,269 $12,866 -- --
2024 $1,273 $12,253 -- --
2023 $1,273 $50,330 $10,060 $40,270
2022 $1,247 $35,710 $7,140 $28,570
2021 $1,262 $30,830 $6,160 $24,670
2020 $1,246 $27,380 $5,470 $21,910
2019 $1,164 $20,370 $4,070 $16,300
2018 $1,117 $17,980 $3,590 $14,390
2017 $1,084 $15,460 $3,090 $12,370
2016 $1,064 $14,160 $2,830 $11,330
2015 $1,000 $13,460 $2,690 $10,770
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
07/09/2026 07/09/26 Price Changed $685,000 -1.4% --
06/10/2026 06/10/26 For Sale $695,000 -- --
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 $91,500 Security Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7040102

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-25-492

Your Personal Tour Guide

Ask me questions while you tour the home.