$1,225,000

Estimated payment $6,950/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • Desert Landscape
  • Highland Elementary School Rated 9+

About This Home

Built in 1986 of wood-frame and stucco construction, the property offers a unit mix of six (6) two-bedroom/one-bath units and one (1) two-bedroom/two-bath unit. Each unit is individually metered for electricity and features washer and dryer hookups, with select units offering private patios and additional storage space. The property also provides ample parking with nine (9) covered spaces and six (6) guest parking spaces.
Major employers in close proximity include the Downtown Mesa ASU Campus, Banner Health, Mesa Riverview, Casino Arizona, Mesa Community College, and the East Valley Institute of Technology.

Listing Agent

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 06/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 15 Parking Spaces
  • Carport
  • Additional Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Natural Gas Not Available

Additional Features

  • Ceiling Fan
  • Desert Landscape

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 140-11-372

Community Details

Overview

  • 7 Units
  • Building Dimensions are 132.15x124.36x98.59x98.64
  • University Villa East Subdivision

Building Details

  • Operating Expense $3,772
  • Gross Income $100,295
  • Net Operating Income $72,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,772

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: UNIVERSITY VILLA EAST
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Disposal, Microwave, W/D Hookup, Free-Standing Electric Oven

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 9.0
  • Parking Features: Carport, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 15.0

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Varies by Unit, Ceiling Fan(s)
  • Heating: Varies by Unit, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 132.15x124.36x98.59x98.64
  • Additional Parcels: No
  • Parcel #: 140-11-372

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 7
  • Annual Gross Income: 100295.0
  • Property Net Operating Income: 72957.0
  • Annual Operating Expense: 3772.0

Tax Info

  • Tax Annual Amount: 3772.0
  • Tax Book Number: 140.0
  • Tax Lot: 11

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 $3,772 $38,230 -- --
2024 $3,783 $36,410 -- --
2023 $3,783 $110,730 $22,140 $88,590
2022 $3,705 $82,820 $16,560 $66,260
2021 $3,750 $68,160 $13,630 $54,530
2020 $3,701 $64,450 $12,890 $51,560
2019 $3,458 $46,780 $9,350 $37,430
2018 $3,319 $42,520 $8,500 $34,020
2017 $3,220 $33,470 $6,690 $26,780
2016 $3,160 $32,420 $6,480 $25,940
2015 $2,970 $28,600 $5,720 $22,880
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 Prior Sale
06/15/2026 06/15/26 For Sale $1,225,000 +94.4% --
11/16/2018 11/16/18 Sold $630,000 -5.2% $700 / Sq Ft View Prior Sale
11/01/2018 11/01/18 Price Changed $664,900 0.0% $739 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
05/05/2018 05/05/18 Price Changed $664,900 -1.5% $739 / Sq Ft
03/30/2018 03/30/18 For Sale $674,900 +77.6% $750 / Sq Ft
10/31/2014 10/31/14 Sold $380,000 -8.4% $422 / Sq Ft View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $415,000 -- $461 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7042105

Arizona Regional Multiple Listing Service (ARMLS)
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