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Sold on 03/21/2015

625 E Marilyn Ave, Mesa, AZ 85204

$185,000

Last sold 03/21/2015 after 61 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 625 E Marilyn Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Property description
****DO NOT DISTURB TENANTS***DRIVE-BY ONLY****TENANTS RIGHTS. Buyer can do inspections once escrow is opened. GREAT OPPORTUNITY FOR INVESTORS. LARGE 2 BEDROOM 1 BATH UNITS!! According to previous owner, A/C & HEAT PUMPS REPLACED- 1 IN 2001-2 IN 2000 1 IN 1999. ALL 4 UNITS are filled and RENTS ARE as follows: $625, $550, $550,and $500. INSTANT CASH FLOW!!!!! CASH OR CONVENTIONAL BUYERS ONLY.
Listed by
Listing Agent - Joe Best
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#5223935 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5223935
Type Multiple Dwellings
Status Closed
Property Tax 1257
Year Built 1963
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Disposal, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, Carport
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School Holmes Elementary School
Elementary School District Mesa Unified District
High School District Mesa Unified District
High School Mesa High School
APN 139-26-055-G
Zoning RM-2
Directions East On Broadway To Hobson South 1/4 Mile To Marilyn East To Property.
Multifamily Details
Total # of Units 4
Expense: Operating 4907
Financial Data Source Other (See Remarks)
Expense: Maintenance 500
Vacancy Allowance 0.05
Expense: Insurance 650
Net Operating Income 20553
Gross Income 25365
Expense: Water/Sewer 2400
Gross Scheduled Income 26700
We are not permitted to show value estimates for this property.
  • Jul 2019
    Public Records
  • Jul 31, 2019 Sold
    $350,000
  • Jul 2019
    mls logo MLS # 5915573
  • Jul 31, 2019 Sold
    $350,000 (+89.2%)
  • Mar 2015
    mls logo MLS # 5223935
  • Mar 21, 2015 Sold
    $185,000
  • Jan 19, 2015 Listed
    $185,000 (-8.9%)
  • Mar 2015
    Public Records
  • Mar 20, 2015 Sold
    $185,000
  • Feb 2002
    Public Records
  • Feb 15, 2002 Sold
    $203,000
  • Year Property taxes Tax assessment
  • 2024
    $1,617 -0.8%
    $68,210
  • 2023
    $1,630 +2.1%
    $68,210 +19.46%
  • 2022
    $1,596 -1.2%
    $57,100 +47.13%
  • 2021
    $1,616 +1.3%
    $38,810 +25.8%
  • 2020
    $1,595 +7.0%
    $30,850 +12.59%
  • 2019
    $1,490 +4.2%
    $27,400 +23.81%
  • 2018
    $1,430 +3.1%
    $22,130 +21.73%
  • 2017
    $1,388 +1.9%
    $18,180 +2.08%
  • 2016
    $1,362 +6.4%
    $17,810
  • 2015
    $1,280
    —
  • 625 E Marilyn Ave
    $185K
  • Watertower
    $368K -16% y/y
  • 85204
    $415K +1% y/y
  • Mesa
    $470K -3% 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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  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85204
  • Watertower
  • 625 E Marilyn Ave
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