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Sold on 03/07/2017
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628 W 5th Ave, Mesa, AZ 85210

  • $240,000

    Last sold 03/07/2017 after 33 Days

  • 8

    bed

  • 4

    bath

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

About 628 W 5th Ave

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property description
Great investment property for cash flow. All 4 units (2BD/1BA) are rented at $575/mo. All units are individually metered for electric. Landlord pays for water, sewer and outside parking light. Surrounding areas are going through redevelopment by City of Mesa.
Listed by
Listing Agent - Chuong Tran
Listing Agent Contact: Chuong@usdeltarealty.com
Listing Office - US Delta Realty
Source: ARMLS mls logo
MLS#5555292 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Natural Gas
MLS # 5555292
Type Multiple Dwellings
Status Closed
Property Tax 1049
Year Built 1960
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Assigned, Carport
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision SOUTHWEST MESA CENTER
Community Features No Pool
Elementary School Redbird Elementary School
Elementary School District Mesa Unified District
Middle School Powell Junior High School
High School District Mesa Unified District
High School Dobson High School
APN 134-10-012
Zoning RES
Directions South To 5th Ave. East To Property On The Left.
Multifamily Details
Total # of Units 4
Expense: Operating 6849
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 2000
Vacancy Allowance 0.05
Expense: Insurance 1600
Net Operating Income 19000
Expense: Water/Sewer 1600
Expense: Gardener 600
We are not permitted to show value estimates for this property.
  • Mar 2017
    mls logo MLS # 5555292
  • Mar 7, 2017 Sold
    $240,000
  • Feb 2, 2017 Listed
    $243,000 (+8.0%)
  • Mar 2017
    Public Records
  • Mar 6, 2017 Sold
    $240,000 (-1.2%)
  • May 2015
    mls logo MLS # 5249020
  • May 1, 2015 Sold
    $225,000
  • Mar 6, 2015 Listed
    $225,000 (-27.4%)
  • Apr 2015
    Public Records
  • Apr 30, 2015 Sold
    $225,000
  • May 2007
    Public Records
  • May 2, 2007 Sold
    $310,000 (+44.2%)
  • Dec 2004
    Public Records
  • Dec 1, 2004 Sold
    $215,000
  • 628 W 5th Ave
    $240K
  • Kleinman Park
    $289K +18% y/y
  • 85210
    $367K +5% y/y
  • Mesa
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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1/10
Guerrero 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
1/10
Rhodes Junior High School
public Grades 7-9
Mesa Unified School District
4/10
Dobson High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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