Movoto Real Estate
Sold on 05/08/2019
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4423 E Mclellan Rd #102, Mesa, AZ 85205

$549,500

Last sold 05/08/2019 after 30 Days

  • 12

    bed

  • 8

    bath

Multi-family not for sale

About 4423 E Mclellan Rd #102

Property type Multi-family
Neighborhood
Year built 2005
HOA fee $0/month
Property description
Amazing investment opportunity!! ! Own a fourplex in mbuilt in the 2000's!! Property features all four units with 3 bedrooms and 2 bathrooms at 1225 sq ft per unit! Each unit feature basements which tenants love and these units never sit vacant for long. Bonus of this property.. . Tenants pay all utilities!! ! Again the owner does not pay any utilities. This investment is located close to falcon field, the 202, schools and a recently built shopping facility! Within minutes to boeing, md helicopters and a plethora of industrial businesses. This is a growing area and you are not going to want to miss out on this opportunity. Hoa takes care of common areas and the pool. Dont miss out on this investment!! Proforma rents $1200
Listed by
Listing Agent - Michael D Smith
Listing Office - Daniel D. Smith & Associates, LLC
Source: ARMLS mls logo
MLS#5908426 • last updated 4 years ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5908426
Type Multiple Dwellings
Status Closed
Property Tax 3409
Year Built 2005
Interior
Flooring Carpet, Ceramic Tile
Appliances Dishwasher, Refrigerator
Exterior
Roof Tile
Construction Wood Frame, Painted, Stucco
Parking Paved, 1 Space/Unit
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision FALCON ESTATES FOURPLEX SUBDIVISION
Community Features Play Area, Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-72-074
Zoning M-H
Directions SOUTH ON GREENFIELD TO MCLELLAN, EAST TO PROPERTY ON THE RIGHT SIDE OF THE STREET
Multifamily Details
Total # of Units 4
Expense: Operating 14629
Financial Data Source Owner
Expense: Maintenance 1200
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 30100
Gross Income 39330
Expense: Professional Management 1920
Gross Scheduled Income 41400
We are not permitted to show value estimates for this property.
  • May 2019
    Public Records
  • May 8, 2019 Sold
    $549,500
  • May 2019
    mls logo MLS # 5908426
  • May 8, 2019 Sold
    $549,500 (-24.2%)
  • Sep 2006
    Public Records
  • Sep 6, 2006 Sold
    $725,000
  • Year Property taxes Tax assessment
  • 2024
    $3,854 -0.8%
    $83,800 -3.09%
  • 2023
    $3,886 +2.1%
    $86,470 +4.39%
  • 2022
    $3,805 -1.2%
    $82,830 +35.94%
  • 2021
    $3,852 +1.3%
    $60,930 +4.28%
  • 2020
    $3,802 +7.0%
    $58,430 +0.09%
  • 2019
    $3,552 +4.2%
    $58,380 +7.71%
  • 2018
    $3,409 +3.1%
    $54,200 +44.53%
  • 2017
    $3,307 +1.9%
    $37,500 +15.67%
  • 2016
    $3,246 +6.4%
    $32,420
  • 2015
    $3,051
    —
  • 4423 E Mclellan Rd #102
    $549K
  • Falcon Field
    $404K -1% y/y
  • 85205
    $359K -3% y/y
  • Mesa
    $470K -3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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