$630,000
UNDER CONTRACT

Estimated payment $3,653/month

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

Highlights

  • Evaporated cooling system
  • Community Playground
  • Ceramic Tile Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Community Barbecue Grill
  • Ceiling Fan

About This Home

Freshly stucco'd and painted 4-unit property in the heart of Mesa! This well-maintained investment opportunity features 2 separate buildings with a total of 4 units comprised of 8 bedrooms, 6 bathrooms and 4 kitchens. A spacious common area sits at the center with an outdoor cooking area, perfect for shared use or added tenant appeal. Located just off Mesa's Main Street and minutes from highways 202, 101, 60, and 87, with quick access to Tempe, Gilbert, shopping, dining, and schools. Each unit is move-in ready and ideal for strong rental income or multi-generational living. Thoughtfully updated and cared for throughout. Don't miss out on this rare find in a high-demand rental area—this property is a must-see and won't last long!

Listing Agent

Cerelia Torres

HomeSmart License #SA683962000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1935

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 139-36-049-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 277' x 52'
  • Almond Place Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $1,918
  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,918

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: S Wilbur and E Broadway Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: DR-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2024
  • Directions: From Mesa Dr and Broadway Rd, head West. Head West and turn left (South) on Wilbur. Property to left. From Center St and Broadway Rd, head East. Turn right (South) on Wilbur. Property to left.
  • Road Frontage Type: Alley
  • Road Surface Type: Dirt, Concrete
  • Subdivision Name: ALMOND PLACE
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Other, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: City Electric
  • Cooling: Ceiling Fan(s), Evaporative Cooling, Window/Wall Unit, Electric, 2 or More Units
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 277' x 52'
  • Additional Parcels: No
  • Parcel #: 139-36-049-B

Multi Family

  • Owner Pays: See Remarks, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 70800.0
  • Annual Operating Expense: 1918.0

Tax Info

  • Tax Annual Amount: 1918.0
  • Tax Book Number: 139.00
  • Tax Lot: 9

Map

Range of Values:

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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 $1,918 $23,118 -- --
2024 $1,941 $22,017 -- --
2023 $1,941 $37,880 $7,570 $30,310
2022 $1,898 $27,880 $5,570 $22,310
2021 $1,950 $26,680 $5,330 $21,350
2020 $1,924 $24,760 $4,950 $19,810
2019 $1,783 $23,960 $4,790 $19,170
2018 $902 $16,620 $3,320 $13,300
2017 $873 $15,060 $3,010 $12,050
2016 $858 $14,060 $2,810 $11,250
2015 $810 $12,420 $2,480 $9,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $630,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $105,000 Security Title Agency
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 Unknown
Closed $25,000 Credit Line Revolving
Previous Owner $126,000 Purchase Money Mortgage
Previous Owner $105,000 Purchase Money Mortgage
Previous Owner $126,000 Purchase Money Mortgage
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6861870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-36-049B