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Sold on 02/28/2022

2964 E Cicero St, Mesa, AZ 85213

  • $790,000

    Last sold 02/28/2022 after 40 Days

  • 8

    bed

  • 8

    bath

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

About 2964 E Cicero St

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Property description
This 4 Plex is a Great Investment! These Units Are All 2 Bed / 2 Baths with Inside Laundry and Largest Floor Plans! Rents are Close to Market Rents at $925; $1,000; $1,000 & $1100 for Each Unit with Room to Increase. All Rental Agreements are Currently Month to Month! Newer Water Heater in the Last 2 Years; (3) New AC Units Installed in 2020 & 2021! All Units Have a Mixture of Tile & Wood Laminate or Tile and Carpet. The Roof is All Tile. The Building Also Has Covered Parking! Washers and Dryers are Inside the Units and Included with the Building. Great Paying Longer Term Tenants in This Building. Please Do NOT Disturb Tenants! Exterior of the Building is Scheduled to Be Painted in the Next Two Weeks! Turn Key Investment with Continued Upside in Rents! No Better Value in the East Valle
Listed by
Listing Agent - Bruce A. Duckett
Listing Office - Duckett Management & Real Estate
Source: ARMLS mls logo
MLS#6343744 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Heat Pump
Heating Heat Pump, Electric
MLS # 6343744
Type Multiple Dwellings
Status Closed
Property Tax 2303
Year Built 1985
Interior
Flooring Carpet, Ceramic Tile, Wood
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
Exterior
Roof Tile
Construction Wood Frame, Painted, Stucco
Parking Paved, >1 Space Per Unit, On Street, Carport
# of Open Parking Spaces 4
# of Covered 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 140-11-364
Zoning RM3
Directions West To Los Alamos; North To Cicero; West To 2964 Cicero On The North Side Of The Street
Multifamily Details
Total # of Units 4
Expense: Operating 14068
Financial Data Source Owner
Expense: Maintenance 1200
Expense: Insurance 1600
Net Operating Income 36535
Gross Income 48300
Expense: Professional Management 3865
Expense: Water/Sewer 3900
Gross Scheduled Income 48300
Expense: Gardener 1200
We are not permitted to show value estimates for this property.
  • Feb 2022
    mls logo MLS # 6343744
  • Feb 28, 2022 Sold
    $790,000 (+5.3%)
  • Jan 19, 2022 Listed
    $750,000
  • 2964 E Cicero St
    $790K
  • The Groves
    $750K +7% y/y
  • 85213
    $659K -2% y/y
  • Mesa
    $485K -2% 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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  • AZ
  • Maricopa County
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  • 85213
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  • 2964 E Cicero St
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