6325 E Avalon St Unit 1-4 Mesa, AZ 85205
Central Mesa East NeighborhoodEstimated payment $3,927/month
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Franklin at Brimhall Elementary School Rated A
- Ceiling Fan
About This Home
Four 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,135
Year Built
- Built in 1984
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Ceiling Fan
- 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
- 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
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 | $1,135 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | Price Changed | $720,000 | -7.1% | -- |
| 08/11/2025 08/11/25 | For Sale | $775,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $58,100 | No Value Available |
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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