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Sold on 10/31/2015
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6131 E Greenway St, Mesa, AZ 85205

$399,900

Last sold 10/31/2015 after 93 Days

  • 12

    bed

  • 8

    bath

Multi-family not for sale
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About 6131 E Greenway St

Property type Multi-family
Neighborhood
Year built 1986
HOA fee $0/month
Property description
Desirable 3 bedroom/2 bath FourPlex in a prime northeast Mesa area! Available for sale individually or as a package with 6140 E. Greenway (MLS 5317722). Both buildings have same footprint per seller. No interior access until accepted offer, but there will be a vacant unit for interior access at 6140 E. Greenway soon. Units are approximately 1078 sq feet. Tenants pay 100% of utility bill expenses per seller. Rents are below market at under $.70/sf. Seller has not increased rent in years and self-manages from out-of-state. Buyer understands expenses are in part estimated, and may not be exact. Buyer to rely on own due diligence efforts. Contact Cass Stephens with any questions.
Listed by
Listing Agent - James C Stephens
Listing Office - Phx Pro Realty
Source: ARMLS mls logo
MLS#5317731 • last updated 1 year ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5317731
Type Multiple Dwellings
Status Closed
Property Tax 2089
Year Built 1986
Interior
Flooring Carpet, Vinyl
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Tile
Construction Wood Frame, Stucco
Parking Paved, Free, Assigned, >1 Space Per Unit, Carport
# of Covered Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-84-334
Zoning RM3
Directions Just Off Brown On Greenway.
Multifamily Details
Total # of Units 4
Expense: Operating 9699
Financial Data Source Owner, Other (See Remarks), Projected Proforma
Expense: Maintenance 2500
Vacancy Allowance 0.05
Expense: Insurance 1000
Net Operating Income 26258
Gross Income 33858
Expense: Other 800
Expense: Professional Management 2410
Gross Scheduled Income 35640
We are not permitted to show value estimates for this property.
  • Nov 2015
    Public Records
  • Nov 3, 2015 Sold
    $399,900
  • Oct 2015
    mls logo MLS # 5317731
  • Oct 31, 2015 Sold
    $399,900
  • Jul 30, 2015 Listed
    $399,900 (+12.7%)
  • Nov 2003
    Public Records
  • Nov 10, 2003 Sold
    $354,900
  • Year Property taxes Tax assessment
  • 2024
    $2,465 -0.8%
    $76,330 -8.95%
  • 2023
    $2,485 +2.1%
    $83,830 +13.59%
  • 2022
    $2,433 -1.2%
    $73,800 +40.84%
  • 2021
    $2,463 +1.3%
    $52,400 +15.01%
  • 2020
    $2,431 +7.0%
    $45,560 +12.02%
  • 2019
    $2,271 +4.2%
    $40,670 +16.43%
  • 2018
    $2,180 +3.1%
    $34,930 +9.84%
  • 2017
    $2,115 +1.9%
    $31,800 +43.76%
  • 2016
    $2,076 +6.4%
    $22,120
  • 2015
    $1,951
    —
  • 6131 E Greenway St
    $399K
  • Freedom Run
    $310K -37% y/y
  • 85205
    $415K +1% y/y
  • Mesa
    $490K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
Mendoza 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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