449 N Drew St E Mesa, AZ 85201
Evergreen Historic District NeighborhoodEstimated payment $2,433/month
Total Views
204
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Popular Property
- Cooling Available
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
- Vinyl Flooring
- 3-minute walk to Washington Park
About This Home
Rare duplex opportunity—ideal for both investors and owner-occupants. One unit is vacant and ready for you, while the other has a long-term tenant paying above-market rent. That means immediate income to offset your mortgage from day one. Both units were fully updated in 2021 with fresh paint and new flooring and have been maintained impeccably. Low maintenance, high return, and affordable ownership all in one property. 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
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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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $364,500 | New Conventional | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $98,000 | 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: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6909072
APN: 137-26-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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