$470,000

6049 E Albany St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated payment $2,563/month

Total Views 3,024
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Ceiling Fan
  • Carpet
  • Franklin at Brimhall Elementary School Rated A
  • ENERGY STAR Qualified Equipment for Heating
  • Heat Pump System

About This Home

Excellent investment opportunity in a popular senior retirement community. Phoenix is a top choice for baby boomers, the nation's largest demographic, driving long-term demand in 55+ communities. This well-maintained duplex offers a solid 7.24% CAP rate with future rent growth and value-add potential. Each spacious unit features 2 beds, 2 baths, 954 sq ft, carport parking, and private front & back patios. Major upgrades include a new roof (2022), new AC and water heaters (2024), and one fully renovated unit (2024). Residents may opt in to enjoy the community's amenities and activities. No HOA for owner. Don't miss this turnkey asset with upside in a high-demand rental market and upside in a desirable Mesa location!

Listing Agent

Iris Wu

Fathom Realty License #SA714665000 Listed on: 08/21/2025

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $962

Year Built

  • Built in 1971

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • Carport
  • Paved Parking
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Ceiling Fan
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 141-49-059

Community Details

Overview

  • 2 Units
  • Building Dimensions are 90' * 94'
  • Dreamland Villa 14 Subdivision

Building Details

  • Operating Expense $6,409
  • Gross Income $38,304
  • Net Operating Income $34,018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$962

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2024
  • Road Surface Type: Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: DREAMLAND VILLA 14
  • Cooling:Ceiling Fan(s): Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Refrigerator, Free-Standing Electric Oven, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Add'l Parking Avail, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Electric
  • Heating: ENERGY STAR Qualified Equipment, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1620.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 90' * 94'
  • Additional Parcels: No
  • Parcel #: 141-49-059

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 38304.0
  • Insurance Expense: 1162.0
  • Maintenance Expense: 2665.0
  • Property Net Operating Income: 34018.0
  • Annual Operating Expense: 6409.0

Tax Info

  • Tax Annual Amount: 962.0
  • Tax Book Number: 141.00
  • Tax Lot: 18

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $951 $10,100 -- --
2024 $962 $9,619 -- --
2023 $962 $30,850 $6,170 $24,680
2022 $942 $22,980 $4,590 $18,390
2021 $939 $20,730 $4,140 $16,590
2020 $930 $19,220 $3,840 $15,380
2019 $869 $15,330 $3,060 $12,270
2018 $848 $14,930 $2,980 $11,950
2017 $823 $13,450 $2,690 $10,760
2016 $802 $11,650 $2,330 $9,320
2015 $751 $9,820 $1,960 $7,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 For Sale $470,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $210,000 Premier Title Agency
Quit Claim Deed -- Accommodation
Warranty Deed -- Fidelity Title
Warranty Deed $205,000 Fidelity National Title
Joint Tenancy Deed $90,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $164,000 Purchase Money Mortgage
Previous Owner $63,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6908870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-49-059

Arizona Maricopa County Mesa 85205 Central Mesa East

6049 E Albany St, Mesa, AZ

For Sale

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Iris Wu
Listing Agent
Iris Wu
Section Image
Fathom Realty
(602) 357-0491