$565,000
SOLD JAN 23, 2026
-- Bed
-- Bath
-- Sq Ft
1980 Built

Recently Sold

3% Above List Price

3 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of January 2026

HUGE OPPORTUNITY! Mesa 4-plex. Two, 2 bed 2 bath units and two, 1 bed 1 bath units. Each unit comes with its own covered parking space and covered patio. Shared laundry closet for all four units. All information in this listing is everything available for us to provide. It is the responsibility of the buyer to confirm facts and figures. Similar 4-plex building for sale next to this one! Same layout/price. See MLS 6960950

Last Agent to Sell the Property

Kaila Biggs

ProSmart Realty License #SA694434000 Listed on: 12/26/2025

ProSmart Realty

Last Buyer's Agent

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1980

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot J
  • Assessor Parcel Number 141-62-013-J

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12101

Building Details

  • Operating Expense $1,457
  • Gross Income $30,888
  • Net Operating Income $30,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,457

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Power and Adobe
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2025
  • Tax Parcel Letter: J
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Built-In Electric Oven, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Other, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 12101
  • Additional Parcels: No
  • Parcel #: 141-62-013-J

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Gross Income: 30888.0
  • Property Net Operating Income: 30888.0
  • Annual Operating Expense: 1457.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1457.0
  • Tax Book Number: 141.00
  • Tax Lot: J

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2025
Closed on
Jan 21, 2026
Sold by
Beatty Cheryl and Marjorie L Jarvis Living Trust
Bought by
Phoenix Capital Investments Llc
Seller's Agent
Kaila Biggs
ProSmart Realty
Buyer's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
List Price
$549,000
Sold Price
$565,000
Premium/Discount to List
$16,000
2.91%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5079.59%
Original Mortgage
$395,500
Outstanding Balance
$395,500
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$410,500

Purchase Details

Closed on
Oct 8, 2002
Sold by
Jarvis Marjorie L
Bought by
Jarvis Marjorie L and The Marjorie L Jarvis Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.17%

Purchase Details

Closed on
Sep 12, 1996
Sold by
Jarvis Marjorie L
Bought by
Jarvis Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
8.23%

Purchase Details

Closed on
Aug 26, 1996
Sold by
Jarvis Marjorie L
Bought by
Jarvis Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
8.23%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $565,000 Premier Title Agency
Interfamily Deed Transfer -- Land Title Agency Of Az Inc
Interfamily Deed Transfer -- Land Title Agency Of Az Inc
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,500 New Conventional
Previous Owner $87,500 No Value Available
Previous Owner $91,000 No Value Available
Previous Owner $91,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Sold $565,000 +2.9% --
01/02/2026 01/02/26 Off Market $549,000 -- --
12/30/2025 12/30/25 For Sale $549,000 0.0% --
12/26/2025 12/26/25 For Sale $549,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6960951

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-62-013J

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