Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 01/04/2020

5941 E Norland St, Mesa, AZ 85215

$500,000

Last sold 01/04/2020 after 50 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
Learn about Mesa's top local Real Estate agents

About 5941 E Norland St

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Property description
Fully occupied, renovated, market rents - this investment is truly turn key! The four units at 5941 Norland have undergone recent updating and pride of investment shows in not just the interior of the units, but the grounds and exterior maintenance as well. 3 of the units are 2 bed/2 bath and 1 unit is 2 bed/ 1 bath. Rental rates run $850 to $875 and all tenants are on long term, professional leases. The residential feeling complex is located in a growing area - Boeing, Falcon Field, Northrop Gunman and other large employment centers within just a couple miles. Tenants love the easy access to the 202 and recreation areas. Units are individually metered. This really is a well kept complex that rents quickly!
Listed by
Listing Agent - Elizabeth Morganroth
Listing Office - Mosaic Property Management
Source: ARMLS mls logo
MLS#6006833 • last updated 5 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Heat Pump, Individual
Heating Individual, Electric
MLS # 6006833
Type Multiple Dwellings
Status Closed
Property Tax 2156
Year Built 1985
Interior
Flooring Carpet, Vinyl
Appliances Disposal, Refrigerator, Microwave, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Assigned, 1 Space/Unit, Carport
# of Covered Spaces 4
Amenities / Utilities
Water Source Individual Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision LOMA VISTA LOT 1-26 TR A B
Community Features Other, See Remarks, No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-80-394
Zoning Multi
Directions S On Recker To Norland, West To Property
Multifamily Details
Total # of Units 4
Expense: Operating 8756
Financial Data Source Other (See Remarks), Projected Proforma
Expense: Maintenance 1800
Vacancy Allowance 0.01
Expense: Insurance 2000
Net Operating Income 31860
Expense: Water/Sewer 1200
Expense: Gardener 1600
We are not permitted to show value estimates for this property.
  • Jan 2020
    Public Records
  • Jan 3, 2020 Sold
    $500,000
  • Jan 2020
    mls logo MLS # 6006833
  • Jan 3, 2020 Sold
    $500,000 (+141.0%)
  • Oct 2012
    Public Records
  • Oct 12, 2012 Sold
    $207,500 (+48.3%)
  • Nov 2010
    Public Records
  • Nov 30, 2010 Sold
    $139,900 (-61.9%)
  • Jul 2005
    Public Records
  • Jul 13, 2005 Sold
    $367,000 (+38.5%)
  • Jun 2003
    Public Records
  • Jun 6, 2003 Sold
    $265,000
  • Year Property taxes Tax assessment
  • 2024
    $2,340 -0.8%
    $62,910 -4.62%
  • 2023
    $2,359 +2.1%
    $65,960 +9.24%
  • 2022
    $2,310 -1.2%
    $60,380 +49.6%
  • 2021
    $2,338 +1.3%
    $40,360 +10.42%
  • 2020
    $2,308 +7.0%
    $36,550 +13.12%
  • 2019
    $2,156 +4.2%
    $32,310 +23.56%
  • 2018
    $2,070 +3.1%
    $26,150 +4.77%
  • 2017
    $2,008 +1.9%
    $24,960 +20.12%
  • 2016
    $1,971 +6.4%
    $20,780
  • 2015
    $1,852
    —
  • 5941 E Norland St
    $500K
  • Falcon Field
    $486K +16% y/y
  • 85215
    $550K +2% y/y
  • Mesa
    $485K -1% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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.

Around Falcon Field

Explore everything this neighborhood has to offer. Learn more about Falcon Field.
View homes for sale in Falcon Field
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Mesa, AZ

Nearby homes for sale in Mesa, AZ

Newest listings in 85215

  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85215
  • Falcon Field
  • 5941 E Norland St
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Arizona Multiple Listing Service, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Arizona Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Arizona Multiple Listing Service™ system. All information provided is deemed reliable but is not guaranteed and should be independently verified. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.