Kimberly May Wang
Realty ONE Group
(623) 263-7526
74 Total Sales
1 in Central Mesa East
$337,000 Price
Estimated Value: $579,000 - $734,000
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
Last Agent to Sell the Property
Sophia Willets
Grace CRE License #BR648866000 Listed on: 08/11/2025
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Kimberly May Wang
Realty ONE Group
(623) 263-7526
74 Total Sales
1 in Central Mesa East
$337,000 Price
Ana Benavides
eXp Realty
(623) 299-2906
133 Total Sales
3 in Central Mesa East
$272K - $475K Price Range
Jonathan Miller
Fathom Realty Elite
(623) 253-8437
197 Total Sales
1 in Central Mesa East
$535,000 Price
Ed Ferris
eXp Realty
(480) 360-2707
37 Total Sales
2 in Central Mesa East
$65K - $395K Price Range
Patricia Gillespie
The Agency
(480) 757-2422
26 Total Sales
1 in Central Mesa East
$459,500 Price
Shawnee Doherty
United Real Estate Specialists
(623) 400-5944
43 Total Sales
1 in Central Mesa East
$390,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $680,000 | Fidelity National Title Agency | ||
| Zirbes Thomas N | $66,000 | First American Title Ins Co | |
| Torres Sharyn | -- | First Service Title Agency I | |
| Zirbes James J | -- | First Service Title Agency I |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $680,000 | ||
| Previous Owner | Zirbes James | $76,000 |
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 |
|---|---|---|---|---|
| 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 |
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 | $1,136 | $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 |
SW
Seller's Agent in 2025
Sophia Willets
Grace CRE
Seller Co-Listing Agent in 2025
Garrett Pedicini
Get Multifamily
(602) 791-9497
1 in this area
9 Total Sales
Buyer's Agent in 2025
Ryan Goodman
HomeSmart
(480) 824-8200
1 in this area
55 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6905416
APN: 141-60-014
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