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Sold on 12/31/2019
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412 E Vine Ave, Mesa, AZ 85204

$235,000

Last sold 12/31/2019 after 27 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 412 E Vine Ave

Property type Multi-family
Neighborhood
Year built 2003
HOA fee $0/month
Rental estimate
Property description
One of the newest duplexes in the neighborhood, (2003), Block construction, new asphalt shingle roofing, heat pumps replaced in 2017, both electric hot water heaters have been replaced in the last 2 years, Dunn Edwards exterior paint within last six months, two laundry rooms, two carports, 2 block fenced rear yards, two covered patios and separately metered. Two-bedroom, one bath units with approximately 850 square feet per unit. Great opportunity, low maintenance, drive by only, interior inspection after accepted offer. Tenant pays all of the utilities. Great upward rent increase potential. Buyer has the opportunity to purchase the adjacent duplex also.
Listed by
Listing Agent - Brian J Cunningham
Listing Office - AZ Flat Fee
Source: ARMLS mls logo
MLS#6011188 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
MLS # 6011188
Type Multiple Dwellings
Status Closed
Property Tax 1013
Year Built 2003
Interior
Flooring Ceramic Tile, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Painted, Stucco, Block
Parking Assigned, Attached, Carport
# of Open Parking Spaces 2
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision HAWS SUBDIVISION REPLAT LOT 1-39
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 139-24-146
Zoning R2
Directions East On Broadway Rd To S Lesueur, Turn Right (South) On Lesueur, South On Lesueur To Vine Ave, Turn Right (West) On Vine To The End Of The Street, Property Is On The Right (North) Side Of The Street.
Multifamily Details
Total # of Units 2
Expense: Operating 1667
Financial Data Source Owner
Expense: Insurance 654
Net Operating Income 12973
Gross Income 14640
Gross Scheduled Income 14640
We are not permitted to show value estimates for this property.
  • Dec 2019
    mls logo MLS # 6011224
  • Dec 31, 2019 Sold
    $235,000
  • Dec 6, 2019 Pending
    —
  • Dec 4, 2019 Listed
    $249,900
  • Dec 2019
    mls logo MLS # 6011188
  • Dec 31, 2019 Sold
    $235,000 (-6.0%)
  • Year Property taxes Tax assessment
  • 2024
    $1,099 -0.8%
    $39,330
  • 2023
    $1,108 +2.1%
    $39,330 +16.19%
  • 2022
    $1,085 -1.2%
    $33,850 +44.78%
  • 2021
    $1,098 +1.3%
    $23,380 +20.83%
  • 2020
    $1,084 +7.0%
    $19,350 +7.38%
  • 2019
    $1,013 +4.2%
    $18,020 +25.84%
  • 2018
    $972 +3.1%
    $14,320 +8.32%
  • 2017
    $943 +1.9%
    $13,220 +14.26%
  • 2016
    $925 +6.4%
    $11,570
  • 2015
    $870
    —
  • 412 E Vine Ave
    $235K
  • East Mesa
    $499K
  • 85204
    $415K +1% y/y
  • Mesa
    $470K -3% 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
Lowell 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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