$699,000
PENDING $26K PRICE DROP

Estimated payment $3,762/month

Total Views 4,184
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Patio
  • Central Heating and Cooling System
  • Desert Landscape
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

Stabilized, turnkey 4-plex offering immediate cash flow. Recent upgrades include a brand-new roof with transferable warranty, five new water heaters, renovated units and fresh exterior paint, minimizing near-term maintenance. The property is 100% occupied. Ideal for investors seeking a low-maintenance, professionally managed asset.

Listing Agent

Kevin McGowin

Go Win Property Management License #BR687250000 Listed on: 03/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1981

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available

Additional Features

  • Patio
  • Desert Landscape

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 42
  • Assessor Parcel Number 139-45-067-A
  • $20,000 Seller Concession

Community Details

Overview

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

Building Details

  • Operating Expense $967
  • Gross Income $60,234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$967

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: S Macdonald & W Southern Ave
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: BEALL PARK 2
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, Off Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

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

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 60234.0
  • Annual Operating Expense: 967.0

Tax Info

  • Tax Annual Amount: 967.0
  • Tax Book Number: 139.0
  • 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 Prior Sale
04/21/2026 04/21/26 Pending -- -- --
04/16/2026 04/16/26 Price Changed $699,000 -2.8% --
04/06/2026 04/06/26 Price Changed $719,000 -0.8% --
03/19/2026 03/19/26 For Sale $725,000 +34.6% --
01/23/2026 01/23/26 Sold $538,500 +11.0% $173 / Sq Ft View Prior Sale
01/12/2026 01/12/26 Pending -- -- --
01/12/2026 01/12/26 For Sale $485,000 -- $155 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $538,500 Chicago Title Agency
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
Open $539,500 Construction
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: 7000701

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-45-067A

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