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Sold on 09/05/2025

4423 E Mclellan Rd #105-108, Mesa, AZ 85205

$995,000

Last sold 09/05/2025 after 79 Days

  • 12

    bed

  • 8

    bath

Multi-family not for sale
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About 4423 E Mclellan Rd #105-108

Property type Multi-family
Neighborhood
Year built 2005
HOA fee $0/month
Property description
Turnkey 4-Plex Investment - Prime Location! Minutes from Boeing, MD Helicopters, Falcon Field, and major industrial employers, this fully occupied fourplex features 3 bed, 2 bath units with over 1,200 SQFT each. Long-term tenants love the unique basement-style layout and pay all utilities, keeping operating costs low. Strong rental history, low turnover, and room to increase ROI. HOA maintains the pool and common areas. Located near shopping, schools, and with easy access to the 202 freeway, this area is poised for growth. High-demand rental - don't miss this opportunity!
Listed by
Listing Agent - Patrick Davis
Listing Office - eXp Realty
Source: ARMLS mls logo
MLS#6881996 • last updated 1 year ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Central
MLS # 6881996
Type Multiple Dwellings
Status Closed
Property Tax 3854
Year Built 2005
Interior
Flooring Carpet, Vinyl
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Tile
Construction Wood Frame, Stucco
Parking Carport
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Public Sewer
Location
Subdivision FALCON ESTATES FOURPLEX SUBDIVISION
Community Features Play Area, Pool
Elementary School Shepherd Junior High School
Elementary School District Mesa Unified District
Middle School Shepherd Junior High School
High School District Mesa Unified District
High School Red Mountain High School
APN 141-72-075
Zoning M-H
Directions Head South On N. Greenfield Rd To McLellan Rd. Turn East On McLellan Rd And Take The First Right Into The Complex.
Multifamily Details
Total # of Units 4
Expense: Operating 26153.24
Financial Data Source Owner
Expense: Maintenance 1600
Vacancy Allowance 0.03
Expense: Insurance 1440
Net Operating Income 41232.01
Gross Income 70014.6
Expense: Professional Management 8000
Gross Scheduled Income 72180
We are not permitted to show value estimates for this property.
  • Aug 2025
    mls logo MLS # 6881996
  • Aug 2, 2025 Active
    —
  • Jun 18, 2025 Listed
    $1,100,000
  • 4423 E Mclellan Rd #105-108
    $995K
  • Falcon Field
    $419K 0% y/y
  • 85205
    $375K -3% y/y
  • Mesa
    $479K -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Bush Elementary School
public Grades PK, K-6
Mesa Unified School District
10/10
Franklin at Brimhall 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
4/10
Shepherd Junior High School
public Grades 4-8
Mesa Unified School District
7/10
Red Mountain High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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