Performing 4plex with 7.8% CAP Rate in the heart of Mesa close to schools

Shopping and more. Lovingly updated with quartz look counters, white shaker cabinets and wood look flooring, these freshly painted units have plenty of parking and backyards.

Th dwelling mix includes 4 updated units with: 1/1, 2/1, 3/1, 4/2.5 which are fully tenanted. Artificial turf for easy maintenance. Newer roofs and AC units. Drive by only, do not disturb tenants.

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on 936 W Rio Salado Pkwy
in Mesa, AZ
Presented by Jennifer Nelson at
Realty Executives.


Property MLS #6705805 from ArizonaRegionalMLS

+ Reveal additional info including schools and tax history

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+ Bathrooms

Total Bathrooms: 0

+ Appliances

BI Oven/Range
Microwave

+ Heating and Cooling

Cooling Features: Central A/C, Electric, Ceiling Fan(s)
Heating Features: Electric, Ceiling
Heating: Yes

+ Interior Features

Flooring: Carpet, Vinyl

+ Land Info

Lot Size Acres: 0.0945822
Lot Size Dimensions: 40x103
Lot Size Square Feet: 4120

+ Exterior and Lot Features

Road Frontage Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)

+ Garage and Parking

Parking Total: 9

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

School District: Mesa Unified District
+ Display Complete School Details

Westwood High School is a public high school located approximately 0.2 miles away.
Map directions

Carson Junior High School is a public middle school located approximately 0.3 miles away.
Map directions

Emerson Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

Queen Of Peace Catholic School is a private elementary and middle school located approximately 1.3 miles away.
Map directions

+ Amenities and Community Features

Community Features: No Pool

+ Other Property Info

Annual Tax Amount: 1679
Source Listing Status: UCB (Under Contract-Backups)
County: Maricopa
Directions: From N Alma School head west on Rio Salado Parkway to 936 W Rio Salado. Property will be on the north side of the street.
Tax Year: 2023
Source Property Type: Multiple Dwellings
Parcel Number: 135-22-056-B
Postal Code Plus 4: 3940
Zoning: RM-3
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$28,820 + $7,200 $36,020	$1,644
2020	$25,320 + $6,330 $31,650	$1,642
2019	$21,240 + $5,310 $26,550	$1,534
2018	$17,320 + $4,330 $21,650	$1,472
2017	$17,550 + $4,380 $21,930	$1,429
2016	$16,940 + $4,230 $21,170	$1,402
2015	$14,310 + $3,570 $17,880	$1,318
2014	$10,470 + $2,610 $13,080	$1,395
2012	$7,530 + $1,880 $9,410	$888
2011	$6,450 + $1,610 $8,060	$1,521
2009	$22,840 + $5,710 $28,550	$2,155
2008	$26,820 + $6,700 $33,520	$2,025
2007	$22,880 + $5,720 $28,600	$1,873

+ Reveal Property Sale History

Listed 2024-05-20
$1,050,000
ArizonaRegionalMLS

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Sold 2018-10-05
$419,000
ArizonaRegionalMLS

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Price Changed 2018-09-04
$419,900
ArizonaRegionalMLS

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Relisted 2018-08-24
$425,000
ArizonaRegionalMLS

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Listing removed 2018-08-23
$425,000
ArizonaRegionalMLS

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Listed 2018-08-08
$425,000
ArizonaRegionalMLS

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Sold 2018-06-28
$305,000
ArizonaRegionalMLS

+ Building and Construction

Year Built: 1961
Building Exterior Type: Painted, Block
Construction Materials: Painted, Block
Property Age: 63
Roof: Composition

+ Utilities

Sewer: Sewer-In & Connected, Public Sewer
Water Source: City Franchise, Individual Meter