$2,000,000

Estimated payment $10,702/month

Total Views 2,267
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Carpet
  • Franklin at Brimhall Elementary School Rated A

About This Home

This home is located at 35 N May, Mesa, AZ 85201 and is currently priced at $2,000,000. This property was built in 1981. 35 N May is a home located in Maricopa County with nearby schools including Webster Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Listing Agent

Cody Leslie

Orion Investment Real Estate License #SA712178000 Listed on: 10/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1981

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 18 Open Parking Spaces
  • 18 Parking Spaces

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Window Unit Heating System

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 135-47-090

Community Details

Overview

  • 12 Units
  • Building Dimensions are 16,325

Building Details

  • Operating Expense $31,265
  • Gross Income $150,480
  • Net Operating Income $112,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,043

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: W Main St & May St
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2025
  • Professional Management Expense: 8316.0
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Electric Oven
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 18.0
  • Total Parking Spaces: 18.0
  • General Property Description:Uncvrd Parking Spcs: 18.0
  • General Property Description:Total Parking Spcs: 18.0

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Window/Wall Unit, 2 or More Units
  • Heating: Central, Window/Wall Unit(s), 2 or More Units
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Fee Information

  • Trash Expense: 6940.52

Lot Info

  • Lot Size: 16,325
  • Additional Parcels: Yes
  • Parcel #: 135-47-090

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 12
  • Electric Expense: 614.4
  • Annual Gross Income: 150480.0
  • Insurance Expense: 7893.0
  • Maintenance Expense: 4458.0
  • Property Net Operating Income: 112000.0
  • Annual Operating Expense: 31264.92
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3043.0
  • Tax Book Number: 135.00
  • Tax Lot: 86

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2025 10/13/25 For Sale $2,000,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6932878

Arizona Regional Multiple Listing Service (ARMLS)