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Sold on 11/13/2021
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2920 E Cicero St, Mesa, AZ 85213

$656,000

Last sold 11/13/2021 for $695K

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 2920 E Cicero St

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Movoto estimate
Property description
Each unit is a large 2bed/2bath with fresh tile throughout. Tenants pay electric. There are 4 separate storage rooms for each unit. Ample amount of parking. Room for higher rents as the market continues to grow. Great investment opportunity! Buyer to verify all material facts deemed important. Inspection of property only after offer accepted. Please do not disturb tenants.
Listed by
Listing Agent - Larry P Burr
Listing Office - ATLAS AZ, LLC
Source: ARMLS mls logo
MLS#6305715 • last updated 8 months ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Heat Pump
Heating Individual, Electric
MLS # 6305715
Type Multiple Dwellings
Status Closed
Property Tax 2307
Year Built 1985
Interior
Flooring Wood
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Tile
Construction Wood Frame, Painted
Parking 1 Space/Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision UNIVERSITY VILLA EAST
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 140-11-370
Zoning Multifamily
Multifamily Details
Total # of Units 4
Expense: Operating 12589
Financial Data Source Projected Proforma
Expense: Maintenance 3204
Vacancy Allowance 0.05
Expense: Insurance 2230
Gross Income 45600
Expense: Electric 1200
Expense: Professional Management 3648
Gross Scheduled Income 48000
Lot/ Land Details
Road Surface Asphalt
$656K
Range: $583K-$728K
Last 30 days 
  • Nov 2021
    Public Records
  • Nov 15, 2021 Sold
    $695,000 (-2.1%)
  • Nov 2021
    mls logo MLS # 6305715
  • Nov 12, 2021 Sold
    $710,000 (+5.2%)
  • Oct 11, 2021 Listed
    $675,000 (+22.7%)
  • Feb 2020
    mls logo MLS # 6026917
  • Feb 25, 2020 Sold
    $550,000
  • Jan 21, 2020 Listed
    $550,000 (+120.0%)
  • Feb 2020
    Public Records
  • Feb 24, 2020 Sold
    $550,000
  • Dec 2014
    mls logo MLS # 5159460
  • Dec 5, 2014 Sold
    $250,000
  • Aug 15, 2014 Listed
    $274,900 (+66.6%)
  • Dec 2014
    Public Records
  • Dec 4, 2014 Sold
    $250,000 (-9.1%)
  • Apr 2010
    Public Records
  • Apr 30, 2010 Sold
    $165,000 (-58.5%)
  • Jun 2006
    Public Records
  • Jun 29, 2006 Sold
    $398,000 (+7.6%)
  • Jun 2005
    Public Records
  • Jun 3, 2005 Sold
    $370,000
  • Year Property taxes Tax assessment
  • 2024
    $2,308 -0.8%
    $67,600
  • 2023
    $2,327 +2.1%
    $67,600 +10.35%
  • 2022
    $2,279 -1.2%
    $61,260 +32.37%
  • 2021
    $2,307 +1.3%
    $46,280 +23.84%
  • 2020
    $2,277 +7.0%
    $37,370 +6.38%
  • 2019
    $2,127 +4.2%
    $35,130 +36.16%
  • 2018
    $2,042 +3.1%
    $25,800 +10.26%
  • 2017
    $1,981 +1.9%
    $23,400 +11.96%
  • 2016
    $1,944 +6.4%
    $20,900
  • 2015
    $1,827
    —
  • 2920 E Cicero St
    $695K
  • The Groves
    $642K +18% y/y
  • 85213
    $649K +4% y/y
  • Mesa
    $485K -1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Highland 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
10/10
Franklin at Brimhall 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
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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