$360,000

Estimated payment $2,026/month

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

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Floor Furnace
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan
  • 3-minute walk to Pioneer Park

About This Home

Are you looking close to downtown Mesa where they turned up the heat with breweries, restaurants, entertainment all off of Main St. Then this property is for you! Close to light rail and bus stop and beautiful city parkGreat investment property with the smaller unit already rented out.
Roof is only 1 year old. Both units received new flooring, countertops, bathroom remodels and paint within the last 7 months!

Listing Agent

Mariana Benner

MovingAZ Realty, LLC License #SA651663000 Listed on: 08/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1940

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Schools

  • Edison Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Floor Furnace
  • Wall Furnace
  • Window Unit Heating System

Listing and Financial Details

  • Legal Lot and Block 6 / 1
  • Assessor Parcel Number 138-26-022

Community Details

Overview

  • 2 Units
  • Building Dimensions are tbd
  • Standage Homesites Amd Subdivision

Building Details

  • Operating Expense $5,215
  • Gross Income $27,018
  • Net Operating Income $23,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$655

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Main St and Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: r4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2024
  • Directions: GO NORTH ON MESA FROM MAIN TO 1ST ST. GO RIGHT ON 1ST TO HOUSE
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1800.0
  • Subdivision Name: STANDAGE HOMESITES AMD
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Refrigerator, Free-Standing Electric Oven
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • Heating: Window/Wall Unit(s), Electric, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Water Sewer Expense: 1560.0

Schools

  • Elementary School: Edison Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: tbd
  • Additional Parcels: No
  • Parcel #: 138-26-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 27018.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 23640.0
  • Annual Operating Expense: 5215.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 655.0
  • Tax Block: 1
  • Tax Book Number: 138.00
  • Tax Lot: 6

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 $655 $6,679 -- --
2024 $611 $6,361 -- --
2023 $611 $19,580 $3,910 $15,670
2022 $598 $18,410 $3,680 $14,730
2021 $609 $15,420 $3,080 $12,340
2020 $601 $13,770 $2,750 $11,020
2019 $560 $9,950 $1,990 $7,960
2018 $536 $8,100 $1,620 $6,480
2017 $519 $7,320 $1,460 $5,860
2016 $510 $6,650 $1,330 $5,320
2015 $480 $5,820 $1,160 $4,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $360,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Title365
Warranty Deed $103,750 Stewart Title & Trust Of Pho
Warranty Deed -- Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,400 New Conventional
Previous Owner $101,799 Fannie Mae Freddie Mac
Previous Owner $72,100 New Conventional
Closed $25,750 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6903766

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-26-022