449 N Drew St E Mesa, AZ 85201
Evergreen Historic District NeighborhoodEstimated payment $2,310/month
Highlights
- Cooling Available
- Vinyl Flooring
- 3-minute walk to Washington Park
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
BACK ON THE MARKET!
Rare duplex opportunity in Mesa—perfect for investors or owner-occupants. One unit is vacant and move-in ready; the other has a reliable long-term tenant paying above-market rent. That means instant income and the chance to live affordably while building equity. Updated in 2021 with fresh paint and new flooring, and recent exterior improvements. Low maintenance. Strong return. Prime location.
Properties like this don't hit the market often. DO NOT DISTURB TENANT IN UNIT 449.
Listing Agent
eXp Realty Brokerage Phone: 480-359-6098 License #SA685762000 Listed on: 08/21/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $761
Year Built
- Built in 1973
Home Design
- Brick Exterior Construction
- Composition Roof
Flooring
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- Carport
- Over 1 Space Per Unit
- Free Parking
- Paved Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 137-26-005
Community Details
Overview
- 2 Units
- Building Dimensions are 82.31 x 84.11
- Biggs Add Amd Subdivision
Building Details
- Operating Expense $761
- Gross Income $30,542
- Net Operating Income $31,053
Map
Home Values in the Area
Average Home Value in this Area
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 | $761 | $7,751 | -- | -- |
2024 | $767 | $7,382 | -- | -- |
2023 | $767 | $24,480 | $4,890 | $19,590 |
2022 | $751 | $18,320 | $3,660 | $14,660 |
2021 | $760 | $15,730 | $3,140 | $12,590 |
2020 | $750 | $14,210 | $2,840 | $11,370 |
2019 | $701 | $11,920 | $2,380 | $9,540 |
2018 | $673 | $10,770 | $2,150 | $8,620 |
2017 | $653 | $8,860 | $1,770 | $7,090 |
2016 | $641 | $8,180 | $1,630 | $6,550 |
2015 | $512 | $7,110 | $1,420 | $5,690 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
---|---|---|---|---|---|
10/15/2025 10/15/25 | For Sale | $425,000 | 0.0% | -- | |
10/04/2025 10/04/25 | Off Market | $425,000 | -- | -- | |
08/28/2025 08/28/25 | Price Changed | $425,000 | -2.3% | -- | |
08/21/2025 08/21/25 | For Sale | $435,000 | +7.4% | -- | |
11/22/2021 11/22/21 | Sold | $405,000 | -1.2% | $647 / Sq Ft | View Prior Sale |
10/06/2021 10/06/21 | Pending | -- | -- | -- | |
09/05/2021 09/05/21 | For Sale | $409,900 | +86.3% | $655 / Sq Ft | |
09/28/2020 09/28/20 | Sold | $220,000 | -2.2% | $351 / Sq Ft | View Prior Sale |
09/21/2020 09/21/20 | Price Changed | $225,000 | 0.0% | $359 / Sq Ft | |
08/08/2020 08/08/20 | Pending | -- | -- | -- | |
08/05/2020 08/05/20 | Price Changed | $225,000 | -6.3% | $359 / Sq Ft | |
07/03/2020 07/03/20 | Price Changed | $240,000 | -2.0% | $383 / Sq Ft | |
04/23/2020 04/23/20 | For Sale | $244,900 | -- | $391 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $405,000 | Fidelity Natl Ttl Agcy Inc | |
Warranty Deed | $220,000 | First Arizona Title Agency | |
Warranty Deed | $108,000 | Lawyers Title Of Arizona Inc | |
Cash Sale Deed | $175,000 | Capital Title Agency Inc | |
Warranty Deed | -- | -- | |
Warranty Deed | -- | Fidelity National Title | |
Interfamily Deed Transfer | -- | Fidelity National Title | |
Warranty Deed | -- | Fidelity National Title | |
Quit Claim Deed | -- | Transnation Title Insurance | |
Joint Tenancy Deed | $79,500 | Transnation Title Insurance | |
Warranty Deed | $57,000 | Security Title | |
Interfamily Deed Transfer | -- | -- | |
Warranty Deed | -- | Security Title Agency |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $364,500 | New Conventional | |
Previous Owner | $165,000 | New Conventional | |
Previous Owner | $75,600 | New Conventional | |
Previous Owner | $88,000 | Purchase Money Mortgage | |
Previous Owner | $88,000 | Purchase Money Mortgage | |
Previous Owner | $71,550 | New Conventional | |
Previous Owner | $57,157 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6909072

APN: 137-26-005
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