457 E 9th Ave Mesa, AZ 85204
Woodbridge Crossing NeighborhoodEstimated payment $5,105/month
Highlights
- Ceramic Tile Flooring
- Franklin at Brimhall Elementary School Rated A
- Heating Available
About This Home
Investor's dream**DO NOT DISTURB OCCUPANTS**
Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots.
The current rents are:
Unit 1: $1,530 (long term tenant 10+ years)
Unit 2: $1,550 (lease ends August 31, 2026)
Unit 3: $1,530 (long term tenant 10+ years)
Unit 4: $1,650 (lease through Jun 30, 2027))
Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit.
Last repair on the roof was 7/2026.
Fresh exterior paint 10/2024
Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026
Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025.
Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025, a new water heater in 6/2026.
Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026.
Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area.
Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.
Listing Agent
Better Homes & Gardens Real Estate SJ Fowler License #SA715336000 Listed on: 08/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,669
Year Built
- Built in 1986
Home Design
- Wood Frame Construction
- Tile Roof
- Composition Roof
- Stucco
Parking
- 12 Parking Spaces
- Carport
Utilities
- Cooling Available
- Heating Available
- Natural Gas Not Available
Additional Features
- Ceramic Tile Flooring
- 8 Bedrooms
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 3
- Assessor Parcel Number 139-30-085
Community Details
Overview
- 4 Units
- Building Dimensions are 10,160
- Clarkson Manor Subdivision
Building Details
- Operating Expense $8,963
- Gross Income $70,680
- Net Operating Income $61,857
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,669 | $16,914 | ||
| 2024 | $1,674 | $16,108 | ||
| 2023 | $1,674 | $51,060 | $10,180 | $40,880 |
| 2022 | $1,639 | $36,380 | $7,250 | $29,130 |
| 2021 | $1,659 | $32,000 | $6,380 | $25,620 |
| 2020 | $1,638 | $25,390 | $5,060 | $20,330 |
| 2019 | $1,530 | $20,060 | $4,000 | $16,060 |
| 2018 | $1,468 | $18,880 | $3,760 | $15,120 |
| 2017 | $1,425 | $19,460 | $3,880 | $15,580 |
| 2016 | $1,398 | $13,430 | $2,680 | $10,750 |
| 2015 | $1,314 | $12,150 | $2,420 | $9,730 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/09/2026 08/09/26 | For Sale | $900,000 | +20.8% | -- | |
| 10/12/2023 10/12/23 | Sold | $745,000 | -4.2% | $1,083 / Sq Ft | View Prior Sale |
| 08/21/2023 08/21/23 | Price Changed | $778,000 | -2.5% | $1,131 / Sq Ft | |
| 06/14/2023 06/14/23 | For Sale | $798,000 | +327.2% | $1,160 / Sq Ft | |
| 12/22/2014 12/22/14 | Sold | $186,800 | -4.2% | $272 / Sq Ft | View Prior Sale |
| 11/12/2014 11/12/14 | Pending | -- | -- | -- | |
| 10/30/2014 10/30/14 | For Sale | $195,000 | -- | $283 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $745,000 | Premier Title Agency | |
| Warranty Deed | $186,800 | Title 365 | |
| Warranty Deed | $115,637 | Great American Title Agency | |
| Interfamily Deed Transfer | -- | Great American Title Agency | |
| Trustee Deed | $85,300 | None Available | |
| Warranty Deed | $306,000 | Capital Title Agency Inc | |
| Warranty Deed | $272,000 | Capital Title Agency Inc | |
| Warranty Deed | $244,250 | Stewart Title & Trust | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust | |
| Quit Claim Deed | -- | -- | |
| Cash Sale Deed | $1,215,000 | Stewart Title & Trust | |
| Warranty Deed | $200,000 | Stewart Title & Trust |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $558,750 | New Conventional | |
| Previous Owner | $130,760 | Commercial | |
| Previous Owner | $75,164 | Commercial | |
| Previous Owner | $214,200 | Purchase Money Mortgage | |
| Previous Owner | $217,600 | Commercial | |
| Previous Owner | $195,400 | Commercial | |
| Previous Owner | $195,400 | Commercial | |
| Previous Owner | $160,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7064367
APN: 139-30-085
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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Ask me questions while you tour the home.