$399,900
$75K PRICE DROP

726 E 3rd Ave Mesa, AZ 85204

Temple Neighborhood

Estimated payment $2,278/month

Total Views 1,709
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 2-minute walk to Eagles Park
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

BRING US AN OFFER!! Great investment property with 2 rental units. Listed as a triplex, but a studio on site was added to a one bedroom one bathroom unit creating a larger 2 bedroom 2 bathroom unit with large yard. Great location near public transportation and schools. New Roof IN 2021. Near downtown Mesa - EACH UNIT RENTS FOR $1575. VERY FEW REPAIRS EVER NEEDED ON THIS PROPERTY. TRULLY A CASH FLOWING PROPERTY!! BRING US AN OFFER!!

Listing Agent

Brickman Allen

Tradelands Realty License #SA586174000 Listed on: 05/20/2025

Co-Listing Agent

Jake Allen

Tradelands Realty License #SA569290000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 1957

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Lowell Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 138-29-035-F

Community Details

Overview

  • 2 Units
  • Building Dimensions are 108 x 60

Building Details

  • Operating Expense $8,649
  • Gross Income $37,800
  • Net Operating Income $29,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$824

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: Broadway and Stapley
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2024
  • Directions: West to Horne, North to 3rd Ave, West to property on North side of road.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: trdl01
  • Co List Office Phone: 480-610-6833
  • Tax Parcel Letter: F
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: City Electric
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Lowell 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: 108 x 60
  • Additional Parcels: No
  • Parcel #: 138-29-035-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 37800.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 29151.0
  • Annual Operating Expense: 8649.0

Tax Info

  • Tax Annual Amount: 824.0
  • Tax Book Number: 138.00
  • Tax Lot: 035

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 $824 $8,391 -- --
2024 $830 $7,991 -- --
2023 $830 $27,470 $5,490 $21,980
2022 $813 $20,770 $4,150 $16,620
2021 $823 $20,170 $4,030 $16,140
2020 $812 $18,410 $3,680 $14,730
2019 $759 $13,500 $2,700 $10,800
2018 $728 $12,030 $2,400 $9,630
2017 $707 $9,810 $1,960 $7,850
2016 $694 $8,870 $1,770 $7,100
2015 $652 $7,880 $1,570 $6,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Price Changed $399,900 -9.1% --
06/07/2025 06/07/25 Price Changed $439,900 -2.2% --
06/03/2025 06/03/25 Price Changed $449,900 -2.2% --
05/24/2025 05/24/25 Price Changed $459,900 -3.2% --
05/20/2025 05/20/25 For Sale $475,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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See All Homes in Mesa

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6868946

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-035F

Arizona Maricopa County Mesa 85204 Temple

726 E 3rd Ave, Mesa, AZ

This home is located at 726 E 3rd Ave, Mesa, AZ 85204 and is currently priced at $399,900. This property was built in 1957. 726 E 3rd Ave is a home located in Maricopa County with nearby schools including Lowell Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

Nearby Homes
Brickman Allen
Listing Agent
Brickman Allen
Section Image
Tradelands Realty
(623) 600-7552