$575,000

761 E Millett Ave Mesa, AZ 85204

Temple Neighborhood

Estimated payment $3,238/month

Total Views 2,519
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Carpet
  • 1-minute walk to Aripine Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

4-Plex Easy to rent always occupied. Amazing 9% Cap Rate!! 755 E Millitt also available next door for a total of 8 units. Current rents are $1200, $1350, $975 and $1300. All are good sized 1/1's. Great Mesa location. Leases and Financials attached.

Listing Agent

Jason Bingham

Distinguished Properties License #BR528229000 Listed on: 06/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Holmes Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 75 x 135
  • East Milletts Green Acres Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 139-27-065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$760

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Horne x Southern
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2024
  • Directions: North On Horne, Left On Millett, Plex On Left.
  • Road Surface Type: Asphalt
  • Subdivision Name: EAST MILLETTS GREEN ACRES
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, None
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: 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

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

Lot Info

  • Lot Size: 75 x 135
  • Additional Parcels: No
  • Parcel #: 139-27-065

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Book Number: 139.00
  • Tax Lot: 39

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 $760 $7,740 -- --
2024 $766 $7,371 -- --
2023 $766 $26,270 $5,230 $21,040
2022 $750 $18,030 $3,590 $14,440
2021 $759 $14,860 $2,960 $11,900
2020 $749 $13,410 $2,670 $10,740
2019 $700 $10,840 $2,160 $8,680
2018 $672 $9,940 $1,980 $7,960
2017 $652 $8,230 $1,640 $6,590
2016 $640 $7,710 $1,530 $6,180
2015 $601 $6,870 $1,370 $5,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Sale $575,000 +64.3% --
08/07/2020 08/07/20 Sold $350,000 +0.3% $1,000 / Sq Ft
06/22/2020 06/22/20 For Sale $349,000 -- $997 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Clear Title Agency Of Az
Warranty Deed $350,000 Clear Title Agency Of Az
Warranty Deed $300,000 American Title Svc Agcy Llc
Cash Sale Deed $59,900 Servicelink
Receivers Deed -- None Available
Trustee Deed $171,000 Security Title Agency
Warranty Deed $200,000 First American Title Ins Co
Quit Claim Deed -- --
Warranty Deed $174,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 New Conventional
Previous Owner $61,550 Unknown
Previous Owner $180,000 New Conventional
Previous Owner $17,400 Credit Line Revolving
Previous Owner $139,200 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6877297

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-27-065