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Sold on 11/16/2016
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2650 E Mckellips Rd #237, Mesa, AZ 85213

  • $270,600

    Last sold 11/16/2016 after 77 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
24 homes bought nearby with Movoto recently

About 2650 E Mckellips Rd #237

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Property description
Great location for this 100% occupied Mesa 4-plex near schools, parks and shopping. Building 14 is just south of the community pool and sport court. Tenants pay electric; Owner pays water. HOA is $266/month per building (not unit)-includes trash, pool & common area maintenance. Three 2-bedroom, 1 bath units, 1 2-bedroom, 2 bath unit. Unit 138 just rented after being updated including new flooring, doors, tub refinished, new oven vent cover, new blinds. One tenant has been there 15 years, one has been there for 6 years. New commercial grade flooring in two of the units. Community laundry for building on separate meter. Taxes are $1,406/year.
Listed by
Listing Agent - Debbie Knight
Listing Agent Contact: 480-203-8311
Listing Office - AZ Brokerage Holdings, LLC
Source: ARMLS mls logo
MLS#5490895 • last updated 2 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5490895
Type Multiple Dwellings
Status Closed
Property Tax 1406
Year Built 1985
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator
Exterior
Roof Composition, Tile
Construction Wood Frame, Painted, Stucco
Parking Assigned, Add'l Parking Avail, 1 Space/Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision FOUR PEAKS ESTATES LOT 1-24 TR A
Community Features Sport Court, Pool
Elementary School Ishikawa Elementary School
Elementary School District Mesa Unified District
Middle School Ishikawa Elementary School
High School District Mesa Unified District
High School Stapley Junior High School
APN 141-08-230
Zoning M-H
Directions East On McKellips From Gilbert To Entrance Into Four Peaks Estates, North To Building 14, Which Is Just South Of The Pool And Sport Court
Multifamily Details
Total # of Units 4
Expense: Operating 9474
Financial Data Source Other (See Remarks), Projected Proforma
Expense: Maintenance 1000
Vacancy Allowance 0.25
Expense: Insurance 816
Net Operating Income 25839
Gross Income 25839
Expense: Electric 360
Expense: Water/Sewer 2700
Gross Scheduled Income 34452
We are not permitted to show value estimates for this property.
  • Aug 2023
    mls logo MLS # 5490895
  • Aug 25, 2023 Sold
    $270,600
  • 2650 E Mckellips Rd #237
    $270K
  • East Mesa
    $499K
  • 85213
    $635K -7% y/y
  • Mesa
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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8/10
Hermosa Vista 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
6/10
Stapley Junior High School
public Grades 7-8
Mesa Unified School District
5/10
Mountain View High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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