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Sold on 04/02/2018
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350 E 5th Ave, Mesa, AZ 85210

  • $344,000

    Last sold 04/02/2018 after 39 Days

  • 8

    bed

  • 4

    bath

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

About 350 E 5th Ave

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Property description
MULTIPLE OFFERS RECEIVED! Fully occupied 2-story 4plex in Mesa! PLEASE DO NOT DISTURB TENANTS. Excellent location near Downtown Mesa & light rail. All units are 2x1 around 715sf, most leases expire in 2019! Building was fully remodeled in 2015. Updates include all NEW 400AMP 4 multi-meter electrical, pex pipe plumbing & new water heaters, windows & doors, 4 2-ton HVAC units, insulation, stucco & interior & exterior paint. All units feature vinyl plank flooring throughout, new fixtures/hardware, baseboards & trim, new kitchens with black appliances, new bathrooms, & stack able washer/dryers with 220V hookup.
Listed by
Listing Agent - Jennifer Schrader
Listing Office - Caliber Realty Group, LLC
Source: ARMLS mls logo
MLS#5726978 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Heat Pump, Individual
Heating Individual, Heat Pump, Electric
MLS # 5726978
Type Multiple Dwellings
Status Closed
Property Tax 1078
Year Built 1983
Interior
Flooring Vinyl
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking 1 Space/Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision ALMOND PLACE
Community Features No Pool
Elementary School Lincoln Elementary School
Elementary School District Mesa Unified District
Middle School Mesa Junior High School
High School District Mesa Unified District
High School Mesa High School
APN 139-36-037-A
Zoning RM-4
Directions South On Mesa Dr, West On 5th Ave. There Are Four 4plex Buildings As A Cluster Together, This Building Is The NW Building.
Multifamily Details
Total # of Units 4
Expense: Operating 13683
Financial Data Source Owner
Expense: Maintenance 5000
Vacancy Allowance 0.35
Expense: Insurance 1525
Net Operating Income 22317
Gross Income 24375
Expense: Professional Management 2880
Expense: Water/Sewer 3000
Gross Scheduled Income 36000
Expense: Gardener 200
We are not permitted to show value estimates for this property.
  • Mar 2018
    mls logo MLS # 5726978
  • Mar 30, 2018 Sold
    $344,000 (+413.4%)
  • Feb 2012
    mls logo MLS # 4531642
  • Feb 1, 2012 Sold
    $67,000 (-16.3%)
  • Feb 2, 2011 Listed
    $80,000
  • 350 E 5th Ave
    $344K
  • Almond Place
    $458K +31% y/y
  • 85210
    $345K -1% 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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