$425,000
$10K PRICE DROP

Estimated payment $2,310/month

Total Views 2,238
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Allison Buffinga

eXp Realty Brokerage Phone: 480-359-6098 License #SA685762000 Listed on: 08/21/2025

eXp Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$761

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: University and Drew
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2024
  • Subdivision Name: BIGGS ADD AMD
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Free, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 82.31 x 84.11
  • Additional Parcels: No
  • Parcel #: 137-26-005

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 30542.4
  • Property Net Operating Income: 31053.0
  • Annual Operating Expense: 761.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 761.0
  • Tax Book Number: 137.00
  • Tax Lot: 5

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $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 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
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 $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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6909072

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-26-005