6723 E Avalon St Mesa, AZ 85205
Central Mesa East NeighborhoodEstimated payment $8,569/month
Highlights
- 0.22 Acre Lot
- Franklin at Brimhall Elementary School Rated A
- Central Air
About This Home
Desert Wells Apartments, is an 8-unit multifamily asset located in a desirable pocket of Mesa, Arizona. The property offers a mix of fully and partially renovated units with value-add potential through interior upgrades and rent optimization. Residents enjoy access to on-site laundry facilities and convenient parking. Strategically positioned directly behind the renowned Big Nate's BBQ, the property benefits from strong neighborhood visibility and walkable access to one of the East Valley's most popular local destinations. The surrounding area features a mix of residential communities and commercial corridors, contributing to consistent tenant demand. This is an ideal opportunity for investors seeking a stabilized asset with additional upside in a growing submarket of Greater Phoenix. With a combination of location appeal, light value-add potential, and strong rental fundamentals, 6723 E Avalon presents a compelling acquisition in today's market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,470
Year Built
- Built in 1950
Lot Details
- 9,583 Sq Ft Lot
Home Design
- 3,626 Sq Ft Home
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $1,550,000 | +63.2% | $427 / Sq Ft |
| 08/22/2022 08/22/22 | Sold | $950,000 | -2.6% | -- |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $975,000 | +2.6% | -- |
| 05/04/2022 05/04/22 | Off Market | $950,000 | -- | -- |
| 02/17/2022 02/17/22 | For Sale | $975,000 | 0.0% | -- |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- |
| 01/15/2022 01/15/22 | Price Changed | $975,000 | -2.5% | -- |
| 11/20/2021 11/20/21 | For Sale | $1,000,000 | 0.0% | -- |
| 03/28/2018 03/28/18 | Rented | $625 | 0.0% | -- |
| 03/27/2018 03/27/18 | Off Market | $625 | -- | -- |
| 03/15/2018 03/15/18 | For Rent | $625 | 0.0% | -- |
| 12/20/2017 12/20/17 | Rented | $625 | 0.0% | -- |
| 12/17/2017 12/17/17 | Under Contract | -- | -- | -- |
| 10/23/2017 10/23/17 | For Rent | $625 | 0.0% | -- |
| 09/09/2017 09/09/17 | Off Market | $625 | -- | -- |
| 08/31/2017 08/31/17 | Sold | $385,000 | 0.0% | -- |
| 08/21/2017 08/21/17 | Price Changed | $625 | 0.0% | $2 / Sq Ft |
| 08/16/2017 08/16/17 | Pending | -- | -- | -- |
| 08/16/2017 08/16/17 | For Rent | $595 | 0.0% | -- |
| 08/16/2017 08/16/17 | For Sale | $399,900 | +3.9% | -- |
| 03/31/2017 03/31/17 | Sold | $385,000 | 0.0% | -- |
| 03/13/2017 03/13/17 | Price Changed | $385,000 | 0.0% | -- |
| 03/12/2017 03/12/17 | Pending | -- | -- | -- |
| 12/22/2016 12/22/16 | Price Changed | $385,000 | -1.3% | -- |
| 11/28/2016 11/28/16 | Price Changed | $390,000 | -2.3% | -- |
| 09/21/2016 09/21/16 | Price Changed | $399,000 | -2.7% | -- |
| 08/23/2016 08/23/16 | Price Changed | $410,000 | -2.4% | -- |
| 08/09/2016 08/09/16 | Price Changed | $420,000 | -1.2% | -- |
| 07/14/2016 07/14/16 | For Sale | $425,000 | -- | -- |
Source: My State MLS
MLS Number: 11558250
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