6049 E Albany St Mesa, AZ 85205
Central Mesa East NeighborhoodEstimated payment $2,494/month
Highlights
- Very Popular Property
- Central Air
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
- ENERGY STAR Qualified Equipment for Heating
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 7.2% 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 new flooring (2024 & 2026). 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $961
Year Built
- Built in 1971
Home Design
- Composition Roof
- Block Exterior
- Stucco
Parking
- 6 Open Parking Spaces
- 8 Parking Spaces
- Carport
- Paved Parking
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- 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 $6,408
- Gross Income $38,304
- Net Operating Income $34,018
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $470,000 | -- | -- |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $164,000 | Purchase Money Mortgage | |
| Previous Owner | $63,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6989333
APN: 141-49-059
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Ask me questions while you tour the home.