$485,000
UNDER CONTRACT

Estimated payment $2,617/month

Total Views 15
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Opportunity knocks in one of Mesa's strongest rental corridors. This block-construction fourplex features four spacious 2-bed / 1-bath units, excellent visibility with Southern Ave frontage, and consistent demand thanks to its prime location.
Each unit offers ceramic tile flooring throughout, individual electric meters, and washer/dryer hookups. Tenants appreciate the convenience, while owners love the durability and low-maintenance finishes. The property also includes an oversized 4-car covered parking area, providing valuable shade.
There is deferred maintenance, and the property is being sold as-is, but the upside is clear for the investor willing to improve and reposition.... With strong rental fundamentals in the area and solid bones, this asset is poised to perform as part of any growing portfolio.
Bonus: The neighboring property at 72 W Southern Ave is also available, presenting the rare chance to scale in a high-demand location.
Add value, raise returns, and secure your next long-term hold right here in Mesa.

Listing Agent

Dustin Olive

West USA Realty License #SA660566000 Listed on: 01/12/2026

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1981

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 8 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • On-Street Parking
  • Assigned Parking

Schools

  • Lincoln Elementary School
  • Franklin Junior High School
  • Mountain View High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 139-45-067-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6680
  • Beall Park 2 Subdivision

Building Details

  • Operating Expense $967
  • Gross Income $28,800
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$967

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: S Macdonald & W Southern Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2025
  • Subdivision Name: BEALL PARK 2
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, >1 Space Per Unit, 1 Space/Unit, On Street, 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
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Franklin Junior High School

Lot Info

  • Lot Size: 6680
  • Additional Parcels: No
  • Parcel #: 139-45-067-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0
  • Property Net Operating Income: 28800.0
  • Annual Operating Expense: 967.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 967.0
  • Tax Book Number: 139.00
  • Tax Lot: 42

Map

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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 $967 $9,805 -- --
2024 $970 $9,338 -- --
2023 $970 $45,180 $9,030 $36,150
2022 $950 $28,550 $5,710 $22,840
2021 $962 $24,220 $4,840 $19,380
2020 $949 $21,760 $4,350 $17,410
2019 $887 $17,630 $3,520 $14,110
2018 $851 $16,030 $3,200 $12,830
2017 $826 $14,210 $2,840 $11,370
2016 $810 $13,120 $2,620 $10,500
2015 $762 $11,660 $2,330 $9,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2026 01/12/26 For Sale $485,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Cash Sale Deed $218,000 Capital Title Agency Inc
Warranty Deed $260,000 Capital Title Agency Inc
Quit Claim Deed -- --
Warranty Deed $158,000 Grand Canyon Title Agency In
Warranty Deed -- Ati Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $208,000 New Conventional
Previous Owner $156,708 FHA
Previous Owner $98,600 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6964700

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-45-067A