Seller's Agent in 2025
Sophia Baron
Get Multifamily
(480) 375-0227
2 in this area
78 Total Sales
6325 E Avalon St Unit 1-4 Mesa, AZ 85205
Central Mesa East Neighborhood
--
Bed
--
Bath
865
Sq Ft
1984
Built
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of December 2025Four on Avalon, a well-maintained single-level, garden-style multifamily asset located in the thriving Mesa submarket. Built in 1984 and zoned R-4, the property consists of four large 2-bedroom / 1-bath units (approximately 864 SF each), each featuring in-unit washer/dryer, refrigerator & dishwasher! Private yards, and central air conditioning—highly desirable amenities that enhance tenant retention and rental demand.
Currently operating at 100% occupancy with rents well below market, the asset offers substantial value-add potential through rent optimization (market achievable: $1,250-$1,350 per unit) and optional repositioning for higher and better use. The property's single-story design contributes to lower operating costs, reduced maintenance, and minimal turnover, (continued) making it ideal for investors seeking stable, long-term cash flow with future development upside. Investment Highlights
Unit Mix: Four (4) × 2-Bedroom / 1-Bath units, ±864 SF each Building Size: ±3,456 SF | Year Built: 1984 Zoning: R-4 - Allows for multifamily density increases Amenities: In-unit W/D hookups, private yards, central A/C Occupancy: 100% | Current rents significantly below market Upside: Potential 20%+ rent growth and redevelopment options Location Overview
Situated in Mesa, Arizona, one of the fastest-growing cities in the Phoenix Metro, Four on Avalon benefits from a strategic location with strong economic drivers, robust population growth, and an expanding employment base. Residents enjoy proximity to The Hub Grill and Bar, Superstition Springs Center, Mesa Arts Center, and Mesa Historical Museum, as well as outdoor recreation at Red Mountain Park and Usery Mountain Regional Park.
The property offers excellent transportation connectivity with direct access to major freeways and is less than 15 minutes from Phoenix-Mesa Gateway Airport, ensuring ongoing demand and long-term appreciation potential.
All facts and figures are approximate buyer verify information
Last Agent to Sell the Property
Get Multifamily License #BR648866000 Listed on: 08/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,135
Year Built
- Built in 1984
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Paved Parking
Schools
- Salk Elementary School
- Fremont Junior High School
- Red Mountain High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 14
- Assessor Parcel Number 141-60-014
Community Details
Overview
- 4 Units
- Building Dimensions are 60x150
- Granite Reef Vista Unit No 1 Subdivision
Building Details
- Operating Expense $15,191
- Gross Income $44,400
- Net Operating Income $29,209
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2025
Closed on
Dec 30, 2025
Sold by
Zirbes James J and Zirbes Thomas N
Bought by
Yannetta James T
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Ryan Goodman
HomeSmart
List Price
$775,000
Sold Price
$680,000
Premium/Discount to List
-$95,000
-12.26%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.45%
Original Mortgage
$680,000
Outstanding Balance
$679,356
Interest Rate
6.26%
Mortgage Type
VA
Estimated Equity
$30,722
Purchase Details
Closed on
Jul 14, 2010
Sold by
Nagle Christine Zirbes
Bought by
Zirbes Thomas N
Purchase Details
Closed on
May 6, 1994
Sold by
Torres Sharyn
Bought by
Zirbes James J and Zirbes Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
8.52%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $680,000 | Fidelity National Title Agency | |
| Cash Sale Deed | $66,000 | First American Title Ins Co | |
| Quit Claim Deed | -- | First Service Title Agency I | |
| Quit Claim Deed | -- | First Service Title Agency I |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | VA | |
| Previous Owner | $58,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | Off Market | $680,000 | -- | -- |
| 12/26/2025 12/26/25 | Sold | $680,000 | -2.2% | $786 / Sq Ft |
| 11/13/2025 11/13/25 | Pending | -- | -- | -- |
| 10/20/2025 10/20/25 | Price Changed | $695,000 | -3.5% | $803 / Sq Ft |
| 09/29/2025 09/29/25 | Price Changed | $720,000 | -7.1% | $832 / Sq Ft |
| 08/11/2025 08/11/25 | For Sale | $775,000 | -- | $896 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,136 | $12,601 | -- | -- |
| 2024 | $1,150 | $12,001 | -- | -- |
| 2023 | $1,150 | $45,000 | $9,000 | $36,000 |
| 2022 | $1,076 | $33,220 | $6,640 | $26,580 |
| 2021 | $1,077 | $27,820 | $5,560 | $22,260 |
| 2020 | $1,068 | $25,680 | $5,130 | $20,550 |
| 2019 | $987 | $21,580 | $4,310 | $17,270 |
| 2018 | $962 | $20,930 | $4,180 | $16,750 |
| 2017 | $929 | $19,080 | $3,810 | $15,270 |
| 2016 | $909 | $16,620 | $3,320 | $13,300 |
| 2015 | $850 | $13,960 | $2,790 | $11,170 |
Source: Public Records
Agents Affiliated with this Home
-
Sophia Baron
-
Garrett Pedicini
Seller Co-Listing Agent in 2025
Garrett Pedicini
Get Multifamily
(602) 791-9497
1 in this area
7 Total Sales
-
Ryan Goodman
Buyer's Agent in 2025
Ryan Goodman
HomeSmart
(480) 824-8200
1 in this area
52 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6905416
APN: 141-60-014
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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