Seller's Agent in 2025
Sophia Baron
Get Multifamily
(480) 375-0227
3 in this area
77 Total Sales
947 W 8th Place Mesa, AZ 85201
West Enders Neighborhood
--
Bed
--
Bath
2,080
Sq Ft
1971
Built
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of September 2025947 W 8th Place $525,000 must be sold with 959 W 8th PL for $525,000 each total 1,050,000. | Mesa, AZ Referred to as Four at 8th Place , these two side-by-side duplexes sit on separate parcels in a sought-after corridor near Downtown Mesa. Each building has been fully remodeled with updated kitchens, appliances, flooring, and HVAC systems. Tenants enjoy private yards, in-unit laundry, and carport parking. With combined rents of $6,485/month and long-term tenancy in place, this low-maintenance asset delivers immediate yield with additional value through rent increases. The location provides strong rental demand with convenient access to Tempe and the Loop 202. Both properties 947-959 W 8th Placehave been thoughtfully remodeled and professionally maintained by the same ownership since 2016. Each unit is individually metered, includes in-unit washer and dryer, and has seen key improvements such as new appliances, updated bathroom fixtures, ceiling fans, fresh paint, and new HVAC systems. The current rental income across the four units totals $6,485 per month, with consistent tenancy and limited turnover, a testament to the quality of the units and location. Renovations were completed shortly after acquisition, and further enhancements have been made between tenancies, allowing investors to step into a turn-key portfolio with low immediate capital requirements. At 947 W 8th Place, Unit A is leased at $1,915 per month to a long-term tenant. The unit has undergone interior upgrades including updated appliances and a new AC system in 2021. Unit B rents for $1,350 and was similarly remodeled upon acquisition. At 959 W 8th Place, Unit A is leased at $1,570 and has only had two tenants since 2016, demonstrating exceptional stability. Unit B, currently rented at $1,650, includes recent upgrades and a brand-new AC system installed in 2024. This is an increasingly rare chance to own larger duplexes with separate APNs in a high-demand rental corridor, offering immediate cash flow and long-term appreciation in a market with limited comparable inventory. Whether you're a seasoned investor or building a portfolio, Four at 8th Place delivers on location, performance, and potential. All facts and figures to be verified by the buyer via the MLS.
Last Agent to Sell the Property
Get Multifamily License #BR648866000 Listed on: 07/17/2025
Last Buyer's Agent
Garrett Pedicini
Grace CRE License #SA687268000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,064
Year Built
- Built in 1971
Home Design
- Brick Exterior Construction
- Composition Roof
Parking
- 3 Parking Spaces
- Carport
Utilities
- Cooling Available
- Heating Available
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity, gas, cable TV
- The owner pays for water, sewer, trash collection
- Tax Lot 2
- Assessor Parcel Number 135-22-060
Community Details
Overview
- 2 Units
- Building Dimensions are 8254
- Country Club Village Replat Lot 1 5, 13 16 Subdivision
Building Details
- Operating Expense $10,367
- Gross Income $39,280
- Net Operating Income $28,913
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2025
Closed on
Sep 26, 2025
Sold by
Maddy Llc
Bought by
Shah Zeeshan and Anees Syed M
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Garrett Pedicini
Get Multifamily
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,015
Avg. Annual Appreciation
3.10%
Original Mortgage
$336,000
Outstanding Balance
$336,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$149,015
Purchase Details
Listed on
Jan 29, 2016
Closed on
Mar 29, 2016
Sold by
Mcgary Robert J and Mcgary Jill M
Bought by
Maddy Llc
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Amy Nelson
Keller Williams Realty East Valley
List Price
$327,500
Sold Price
$305,000
Premium/Discount to List
-$22,500
-6.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Purchase Details
Closed on
Apr 28, 2005
Sold by
Roberts Curtis
Bought by
Mcgary Robert J and Mcgary Jill M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | American Title Service Agency | |
| Cash Sale Deed | $305,000 | Security Title Agency Inc | |
| Cash Sale Deed | $230,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $480,000 | -8.6% | $231 / Sq Ft | |
| 07/17/2025 07/17/25 | For Sale | $525,000 | +72.1% | $252 / Sq Ft | |
| 03/30/2016 03/30/16 | Sold | $305,000 | -6.9% | $147 / Sq Ft | View Prior Sale |
| 03/09/2016 03/09/16 | Pending | -- | -- | -- | |
| 01/28/2016 01/28/16 | For Sale | $327,500 | -- | $157 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,069 | $10,837 | -- | -- |
| 2024 | $1,072 | $10,321 | -- | -- |
| 2023 | $1,072 | $36,450 | $7,290 | $29,160 |
| 2022 | $1,050 | $24,520 | $4,900 | $19,620 |
| 2021 | $1,063 | $21,470 | $4,290 | $17,180 |
| 2020 | $1,049 | $19,470 | $3,890 | $15,580 |
| 2019 | $980 | $16,570 | $3,310 | $13,260 |
| 2018 | $941 | $13,400 | $2,680 | $10,720 |
| 2017 | $843 | $12,200 | $2,440 | $9,760 |
| 2016 | $827 | $11,480 | $2,290 | $9,190 |
| 2015 | $779 | $10,020 | $2,000 | $8,020 |
Source: Public Records
Agents Affiliated with this Home
-
Sophia Baron
-
Garrett Pedicini
Seller Co-Listing Agent in 2025
Garrett Pedicini
Get Multifamily
(602) 791-9497
3 in this area
7 Total Sales
-
Steve Fowler
Seller's Agent in 2016
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
(602) 430-5843
54 Total Sales
-
Steven Cvetanovich
Seller Co-Listing Agent in 2016
Steven Cvetanovich
Better Homes & Gardens Real Estate SJ Fowler
(480) 323-5672
29 Total Sales
-
Amy Nelson
Buyer's Agent in 2016
Amy Nelson
Keller Williams Realty East Valley
(480) 510-8193
144 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6894127
APN: 135-22-060
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.
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
- 805 N Westwood
- 1042 W 9th Place
- 837 N Revere Unit E
- 1105 W 6th Place
- 719 N Cherry
- 1265 W Ellis St
- 1061 W 5th St
- 1301 W Rio Salado Pkwy Unit 15
- 1301 W Rio Salado Pkwy Unit 22
- 1301 W Rio Salado Pkwy Unit 51
- 1301 W Rio Salado Pkwy Unit 1
- 544 N Alma School Rd Unit 28
- 510 N Alma School Rd Unit 174
- 848 N Standage
- 1500 W Rio Salado Pkwy Unit 150
- 1500 W Rio Salado Pkwy Unit 28
- 1500 W Rio Salado Pkwy Unit 124
- 1431 W 5th Place
- 455 W 5th Place
- 923 N Country Club Dr