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Sold on 12/05/2015

1736 Elton Ave, Mesa, AZ 85204

$217,500

Last sold 12/05/2015 after 25 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 1736 Elton Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Property description
This is a turnkey investment property that has been personally managed & maintained for 13 years. ''Long term'', ''Real'' tenants that pay like clock work (since 2004 & 2009) & ''Maintain'' their units. Since the purchase of this 4-plex, all units have updated kitchens, baths, new roof, AC's, landscaping installed & maintained. Property is individually metered for water & electric so tenant pays for water, sewer, trash & electric- saving you a minimum of $340 a month ($4080 annually) in ''FIXED'' utility expenses that you would pay with another property even if the apartment was vacant. If you are looking for a well maintained property without surprises, this is it!Landlord has maintained well over the years for the families that live there. They are looking for a like minded investor!
Listed by
Listing Agent - Maggie Turner
Listing Office - Red Brick Realty, LLC
Source: ARMLS mls logo
MLS#5360811 • last updated 1 year ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5360811
Type Multiple Dwellings
Status Closed
Property Tax 1280
Year Built 1963
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Refrigerator, Microwave
Exterior
Roof Other
Construction Painted, Block
Parking Free, Add'l Parking Avail, 1 Space/Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source Individual Meter, City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision PARK MESA
Community Features Play Area, No Pool
Elementary School Longfellow Elementary School
Elementary School District Mesa Unified District
Middle School Poston Junior High School
High School District Mesa Unified District
High School Mesa High School
APN 139-54-015
Zoning RM-3
Directions West On Gilbert To Williams, South On Williams To Elton Ave, East To Property On North Side Of Street
Multifamily Details
Total # of Units 4
Financial Data Source Owner
Expense: Insurance 1106
Net Operating Income 17556
Gross Income 22800
Expense: Electric 216
Expense: Water/Sewer 420
Gross Scheduled Income 22800
Expense: Gardener 2200
We are not permitted to show value estimates for this property.
  • Mar 2020
    Public Records
  • Mar 27, 2020 Sold
    $410,000
  • Mar 2020
    mls logo MLS # 6025498
  • Mar 27, 2020 Sold
    $410,000 (+88.5%)
  • Dec 2015
    mls logo MLS # 5360811
  • Dec 5, 2015 Sold
    $217,500 (+3.6%)
  • Nov 10, 2015 Listed
    $210,000
  • Year Property taxes Tax assessment
  • 2024
    $1,617 -0.8%
    $62,520 -0.45%
  • 2023
    $1,630 +2.1%
    $62,800 +20.49%
  • 2022
    $1,596 -1.2%
    $52,120 +48.49%
  • 2021
    $1,616 +1.3%
    $35,100 +24.6%
  • 2020
    $1,595 +7.0%
    $28,170 +9.4%
  • 2019
    $1,490 +4.2%
    $25,750 +14.19%
  • 2018
    $1,430 +3.1%
    $22,550 +9.95%
  • 2017
    $1,387 +1.9%
    $20,510 +7.83%
  • 2016
    $1,362 +6.4%
    $19,020
  • 2015
    $1,280
    —
  • 1736 Elton Ave
    $217K
  • Reed Park
    $400K 0% y/y
  • 85204
    $400K 0% y/y
  • Mesa
    $490K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Longfellow Elementary School
public Grades PK, K-6
Mesa Unified School District
8/10
Franklin Elementary School
public Grades PK, K-6
Mesa Unified School District
6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
4/10
Poston Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Mesa High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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