$450,000

Estimated payment $2,431/month

Total Views 4,468
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Brick Veneer
  • Cooling Available
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceramic Tile Flooring

About This Home

Sunrise on 6th | Duplex Investment Opportunity | Below Market Rents in a Prime Central Mesa Location This single-level, garden-style property features two spacious 2-bedroom, 1-bathroom units with private entrances and dedicated parking, making it an ideal asset for investors seeking long-term stability with rental upside. Investment Overview:
Unit 1 is currently leased at $1,230 per month and was fully renovated in 2019, including new countertops, cabinetry, bathroom upgrades, fresh paint, updated doors, and closet hardware. The AC unit was replaced in 2023, and the unit includes an in-unit washer/dryer.
Unit 2 is leased at $1,028 per month to long-term tenants who have occupied the property since acquisition in 2014. While it has not been remodeled, it offers significant upside through renovation. The AC unit was replaced in 2024, and this unit also includes a washer/dryer.
Current rents are below market, presenting a clear value-add opportunity for investors looking to improve interiors and increase cash flow. Location Highlights:
Positioned just minutes from Downtown Mesa, this centrally located property provides easy access to major freeways including the Loop 202 and US-60, public transportation, shopping, and dining. Its proximity to growing employment corridors, educational institutions, and cultural venues supports strong and consistent rental demand.
With long-term tenancy in place, low operating costs, and clear potential to increase income, Sunrise at 6th offers a compelling opportunity to secure a well-located duplex with solid fundamentals and immediate value enhancement potential. All facts and figures to be verified by buyer.

Listing Agent

Sophia Baron

Grace CRE License #BR648866000 Listed on: 07/17/2025

Co-Listing Agent

Garrett Pedicini

Grace CRE License #SA687268000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $835

Year Built

  • Built in 1986

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Holmes Elementary School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 139-24-173

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7131
  • Haws Replat Subdivision

Building Details

  • Operating Expense $4,993
  • Gross Income $27,096
  • Net Operating Income $22,106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$835

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. & Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2024
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-975-5516
  • Subdivision Name: HAWS REPLAT
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP, City Electric, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1440.0

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 7131
  • Additional Parcels: No
  • Parcel #: 139-24-173

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 27096.0
  • Insurance Expense: 1218.0
  • Property Net Operating Income: 22106.0
  • Annual Operating Expense: 4993.0

Tax Info

  • Tax Annual Amount: 835.0
  • Tax Book Number: 139.00
  • Tax Lot: 28

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

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 $839 $8,504 -- --
2024 $842 $8,099 -- --
2023 $842 $29,770 $5,950 $23,820
2022 $824 $20,960 $4,190 $16,770
2021 $834 $17,420 $3,480 $13,940
2020 $823 $15,910 $3,180 $12,730
2019 $769 $12,470 $2,490 $9,980
2018 $738 $11,510 $2,300 $9,210
2017 $716 $10,020 $2,000 $8,020
2016 $703 $9,360 $1,870 $7,490
2015 $661 $8,070 $1,610 $6,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2025 11/14/25 For Sale $450,000 0.0% --
11/12/2025 11/12/25 Off Market $450,000 -- --
07/17/2025 07/17/25 For Sale $450,000 +275.0% --
07/24/2014 07/24/14 Sold $120,000 -7.0% $80 / Sq Ft View Prior Sale
07/11/2014 07/11/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $129,000 -- $86 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $120,000 Frst Arizona Title Agency
Cash Sale Deed $45,000 Empire West Title Agency
Warranty Deed $192,000 Capital Title Agency Inc
Warranty Deed $147,000 Capital Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $270,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $153,600 New Conventional
Previous Owner $117,600 New Conventional
Closed $19,200 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6894120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-173