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Sold on 03/23/2021

311 E Vine Cir, Mesa, AZ 85210

  • $540,000

    Last sold 03/23/2021 after 40 Days

  • 8

    bed

  • 4

    bath

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

About 311 E Vine Cir

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Property description
GREAT FOURPLEX INVESTMENT OPPORTUNITY! ALL UNITS CONSIST OF 2 BEDROOMS AND 1 BATHROOM. STACKABLE LAUNDRY OPTIONS IN EACH BATHROOM! SPACIOUS UNITS WITH THE UPSTAIRS UNITS HAVING LARGE COVERED PATIOS WITH VAULTED CEILINGS INSIDE. TERMITE TREATMENT IN FEBRUARY WITH 2 YEAR WARRANTY. GREAT INCOME PRODUCING PROPERTY THAT HAS GREAT UPSIDE ON RENTS WITH SOME UNITS BECOMING MONTH TO MONTH SOON. ACROSS THE STREET, THE UNITS JUST LEASED FOR NEARLY $1,100 AND FOURPLEX ACROSS STREET SOLD FOR $595K. LOTS OF PARKING, KITCHEN CABINETS RECENTLY PAINTED IN EACH UNIT, EACH UNIT HAS EXTERIOR STORAGE CLOSET, DESIRABLE LOCATION NEAR DOWNTOWN MESA. SELLER WILL REVIEW ALL OFFERS SUBMITTED AND MAKE A DECISION BY WEDNESDAY FEBRUARY 17TH AT 8:00 PM. BUYER MUST VERIFY ALL FACTS AND FIGURES. NOTHING FOLLOWS
Listed by
Listing Agent - Daniel Shreeve
Listing Office - Arizona Platinum Properties LLC
Source: ARMLS mls logo
MLS#6193312 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 6193312
Type Multiple Dwellings
Status Closed
Property Tax 1330
Year Built 1985
Interior
Flooring Other, Ceramic Tile
Appliances Free-Standing Range, Disposal, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision EAST ALMOND PLACE
Community Features No Pool
Elementary School Lincoln Elementary School
Elementary School District Mesa Unified District
Middle School Kino Junior High School
High School District Mesa Unified District
High School Mesa High School
APN 139-36-103
Zoning MULTI
Directions WEST ON BROADWAY TO WILBUR, HEAD SOUTH ON WILBUR TO VINE CIR, HEAD EAST ON VINE CIR AND PROPERTY IS ON YOUR RIGHT.
Multifamily Details
Total # of Units 4
Expense: Operating 12880
Financial Data Source Other (See Remarks)
Expense: Maintenance 2000
Expense: Insurance 1500
Net Operating Income 24620
Gross Income 37500
Expense: Trash 1200
Expense: Professional Management 2650
Expense: Water/Sewer 3000
Gross Scheduled Income 37500
Expense: Gardener 1200
We are not permitted to show value estimates for this property.
  • Mar 2021
    mls logo MLS # 6193312
  • Mar 22, 2021 Sold
    $540,000 (+1.9%)
  • Feb 18, 2021 Pending
    —
  • Feb 11, 2021 Listed
    $485,000 (+259.3%)
  • Mar 2021
    Public Records
  • Mar 19, 2021 Sold
    $530,000 (+9.3%)
  • May 2012
    Public Records
  • May 18, 2012 Sold
    $135,000 (-40.0%)
  • Jan 2003
    Public Records
  • Jan 7, 2003 Sold
    $225,000 (+7.1%)
  • Jul 2002
    Public Records
  • Jul 31, 2002 Sold
    $210,000
  • 311 E Vine Cir
    $540K
  • Almond Place
    $458K +31% y/y
  • 85210
    $375K +7% y/y
  • Mesa
    $489K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
3/10
Lincoln 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
2/10
Kino 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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  • AZ
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  • 311 E Vine Cir
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