$575,000
$50K PRICE DROP

711 E Marilyn Ave Mesa, AZ 85204

Temple Neighborhood

Estimated payment $3,308/month

Total Views 3,819
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

This captivating Triplex presents a unique investment opportunity in the great Mesa, Az. Starting with carport parking and a low-maintenance front yard. Each unit features a living & dining room, kitchen, two bedrooms, and a bathroom. Each unit also has its own laundry room w/Washer and dryer. Every unit benefits from a private back patio, fully fenced for added security and privacy, allowing tenants to enjoy their own outdoor space. This triplex is ideally situated to take advantage of Mesa's vibrant local amenities, including shopping centers, parks, and excellent schools, making it not only a wise investment but also a delightful place for residents to call home. With its strong rental history, this property is a standout choice for anyone looking to expand their real estate portfolio.

Listing Agent

Ruby Threlkel

DeLex Realty License #SA676228000

DeLex Realty

Co-Listing Agent

Alberto Ceja Santiago

DeLex Realty License #BR654820000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1971

Home Design

  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Parking Spaces
  • Carport

Schools

  • Holmes Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 139-26-044B
  • Assessor Parcel Number 139-26-044-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 10675

Building Details

  • Operating Expense $10,030
  • Gross Income $53,580
  • Net Operating Income $41,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: E Broadway Rd and S Horne
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2023
  • Directions: Head East on E Broadway Rd. Turn right onto S Horne. Turn right onto E Marilyn Ave.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dele001
  • Co List Office Phone: 602-910-3002
  • Subdivision Name: N/A
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Free, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • 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

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Trash Expense: 800.0
  • Annual Water Sewer Expense: 4200.0

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 10675
  • Additional Parcels: No
  • Parcel #: 139-26-044-B

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 53580.0
  • Insurance Expense: 3169.0
  • Property Net Operating Income: 41450.0
  • Annual Operating Expense: 10030.0

Tax Info

  • Tax Annual Amount: 1261.0
  • Tax Book Number: 139.00
  • Tax Lot: 139-26-044B

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,250 $12,737 -- --
2024 $1,261 $12,130 -- --
2023 $1,261 $41,920 $8,380 $33,540
2022 $1,234 $28,620 $5,720 $22,900
2021 $1,250 $23,670 $4,730 $18,940
2020 $1,233 $21,720 $4,340 $17,380
2019 $1,152 $17,570 $3,510 $14,060
2018 $1,106 $15,880 $3,170 $12,710
2017 $1,073 $13,750 $2,750 $11,000
2016 $1,053 $12,780 $2,550 $10,230
2015 $990 $11,280 $2,250 $9,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $575,000 -8.0% --
03/19/2025 03/19/25 Price Changed $624,996 0.0% --
01/03/2025 01/03/25 For Sale $624,997 0.0% --
01/01/2025 01/01/25 Off Market $624,997 -- --
12/13/2024 12/13/24 Price Changed $624,997 0.0% --
11/07/2024 11/07/24 Price Changed $624,998 0.0% --
06/21/2024 06/21/24 Price Changed $624,999 0.0% --
05/24/2024 05/24/24 For Sale $625,000 +33.0% --
10/29/2021 10/29/21 Sold $470,000 -3.1% $185 / Sq Ft
09/20/2021 09/20/21 For Sale $485,000 +259.3% $191 / Sq Ft
09/13/2013 09/13/13 Sold $135,000 -12.9% $53 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $155,000 -- $61 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Great American Ttl Agcy Inc
Warranty Deed $485,000 Great American Ttl Agcy Inc
Interfamily Deed Transfer -- Clear Title Agency Of Arizon
Cash Sale Deed $135,000 Clear Title Agency Of Arizon
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Cash Sale Deed $46,900 Security Title Agency
Trustee Deed $41,356 First American Title
Warranty Deed -- Driggs Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed $250,000 --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed $170,000 --
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Capital Title Agency
Interfamily Deed Transfer -- Capital Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $69,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 No Value Available
Closed $352,500 New Conventional
Previous Owner $225,000 Negative Amortization
Previous Owner $160,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $22,200 No Value Available
Previous Owner $93,750 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6709630

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-044B