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Sold on 10/28/2017

320 W 5th Pl, Mesa, AZ 85201

$318,000

Last sold 10/28/2017 after 47 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 320 W 5th Pl

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Property description
Great Investment in the Heart of Mesa, AZ.4-Plex each with 2 bed, with covered parking for each unit. Close to Community College, schools, shoppings, park and Freeways. Has its own common laundry room and storage room for each unit. Cap rate 6.07 with a potential increase to 7.1 Buyer must verify all facts and figures on their own. Drive by only, no showings until accepted offer.
Listed by
Listing Agent - Douglas Smith
Listing Office - Precision Real Estate
Source: ARMLS mls logo
MLS#5659275 • last updated 4 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
MLS # 5659275
Type Multiple Dwellings
Status Closed
Property Tax 1369
Year Built 1980
Interior
Flooring Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Add'l Parking Avail, 1 Space/Unit, Carport
# of Open Parking Spaces 2
# of Covered Spaces 4
Amenities / Utilities
Water Source Master Meter
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School Eisenhower Center For Innovation
Elementary School District Mesa Unified District
Middle School Carson Junior High School
High School District Mesa Unified District
High School Westwood High School
APN 137-27-085-N
Directions HEAD SOUTH ON COUNTRY CLUB. TAKE FIRST IMMEDIATE LEFT ON TO W. 5TH PL. UNIT IS ON THE LEFT SIDE OF THE STREET.
Multifamily Details
Total # of Units 4
Expense: Operating 9175.78
Financial Data Source Owner
Expense: Insurance 1206.78
Net Operating Income 19744.22
Expense: Professional Management 2400
Expense: Water/Sewer 4200
We are not permitted to show value estimates for this property.
  • Oct 2017
    Public Records
  • Oct 27, 2017 Sold
    $318,000
  • Oct 2017
    mls logo MLS # 5659275
  • Oct 27, 2017 Sold
    $318,000
  • Year Property taxes Tax assessment
  • 2024
    $1,626 -0.8%
    $66,130
  • 2023
    $1,639 +2.1%
    $66,130 +22.55%
  • 2022
    $1,605 -1.2%
    $53,960 +35.65%
  • 2021
    $1,625 +1.3%
    $39,780 +21.76%
  • 2020
    $1,604 +7.0%
    $32,670 +11.08%
  • 2019
    $1,498 +4.2%
    $29,410 +17.31%
  • 2018
    $1,438 +3.1%
    $25,070 +11.67%
  • 2017
    $1,395 +1.9%
    $22,450 +17.35%
  • 2016
    $1,369 +6.4%
    $19,130
  • 2015
    $1,287
    —
  • 320 W 5th Pl
    $318K
  • University North
    — -100% y/y
  • 85201
    $285K -21% y/y
  • Mesa
    $490K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Eisenhower Center for Innovation
public Grades PK, K-6
Mesa Unified School District
6/10
Franklin West 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
Carson Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Westwood High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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