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Sold on 10/13/2023

457 E 9th Ave, Mesa, AZ 85204

  • $745,000

    Last sold 10/13/2023 after 123 Days

  • 8

    bed

  • 4

    bath

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

About 457 E 9th Ave

Property type Multi-family
Neighborhood
Year built 1986
HOA fee $0/month
Property description
This value add 4plex in Mesa is waiting for its next investor to reach its proforma! All units have private back yards, in unit washer/dryers, 2 bedrooms and 1 bathroom. Each unit but one is month to month with long term tenants and one unit is vacant for owner occupy or for a full market value tenant. The tenants have covered parking and plenty of additional parking on the lot. There is a shed with power that could potentially be turned into storage, office or another unit. Last repairs on the roof were in 2/22. Unit #1 has a new water heater in 2/23 and a/c condenser in 10/2020 Unit #2 has a new dish washer and washer in 10/22, water heater and garbage disposal in 2/22 and dryer in 8/20 Unit 3 had a new fridge in 2/20 Unit 4 had a new water heater in 1/21 and garbage disposal in 10/
Listed by
Listing Agent - Carla Magee
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#6568464 • last updated 1 year ago
Movoto checked ARMLS for data 27 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 6568464
Type Multiple Dwellings
Status Closed
Property Tax 1639
Year Built 1986
Interior
Flooring Carpet, Ceramic Tile
Appliances Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Composition, Tile
Construction Wood Frame, Painted, Stucco
Parking >1 Space Per Unit, Carport
# of Open Parking Spaces 4
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision CLARKSON MANOR
Community Features Other
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 139-30-085
Zoning R-3
Directions N ON MESA DRIVE TO 9TH AVE AND EAST TO PROPERTY ON SOUTH SIDE
Multifamily Details
Total # of Units 4
Expense: Operating 8272
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.03
Expense: Insurance 1633
Net Operating Income 52256
Gross Income 60528
Expense: Water/Sewer 4500
Gross Scheduled Income 62400
Expense: Gardener 500
We are not permitted to show value estimates for this property.
  • Oct 2023
    mls logo MLS # 6568464
  • Oct 13, 2023 Sold
    $745,000 (-4.2%)
  • Sep 19, 2023 Active
    —
  • Aug 21, 2023 Price Change
    $778,000 (-2.5%)
  • Jun 13, 2023 Listed
    $798,000
  • Jun 12, 2023 Listed
    —
  • 457 E 9th Ave
    $745K
  • East Mesa
    $499K
  • 85204
    $425K +1% y/y
  • Mesa
    $489K -2% y/y
No chart available
Statistics calculated by Movoto

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1/10
Holmes Elementary School
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
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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