Movoto Real Estate
Sold on 12/27/2025

6325 E Avalon St #1-4, Mesa, AZ 85205

  • $680,000

    Last sold 12/27/2025 after 138 Days

  • 8

    bed

  • 4

    bath

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

About 6325 E Avalon St #1-4

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
Four on Avalon, a well-maintained single-level, garden-style multifamily asset located in the thriving Mesa submarket. Built in 1984 and zoned R-4, the property consists of four large 2-bedroom / 1-bath units (approximately 864 SF each), each featuring in-unit washer/dryer, refrigerator & dishwasher! Private yards, and central air conditioning—highly desirable amenities that enhance tenant retention and rental demand. Currently operating at 100% occupancy with rents well below market, the asset offers substantial value-add potential through rent optimization (market achievable: $1,250-$1,350 per unit) and optional repositioning for higher and better use. The property's single-story design contributes to lower operating costs, reduced maintenance, and minimal turnover, (continued) making it ideal for investors seeking stable, long-term cash flow with future development upside. Investment Highlights Unit Mix: Four (4) × 2-Bedroom / 1-Bath units, ±864 SF each Building Size: ±3,456 SF | Year Built: 1984 Zoning: R-4 - Allows for multifamily density increases Amenities: In-unit W/D hookups, private yards, central A/C Occupancy: 100% | Current rents significantly below market Upside: Potential 20%+ rent growth and redevelopment options Location Overview Situated in Mesa, Arizona, one of the fastest-growing cities in the Phoenix Metro, Four on Avalon benefits from a strategic location with strong economic drivers, robust population growth, and an expanding employment base. Residents enjoy proximity to The Hub Grill and Bar, Superstition Springs Center, Mesa Arts Center, and Mesa Historical Museum, as well as outdoor recreation at Red Mountain Park and Usery Mountain Regional Park. The property offers excellent transportation connectivity with direct access to major freeways and is less than 15 minutes from Phoenix-Mesa Gateway Airport, ensuring ongoing demand and long-term appreciation potential. All facts and figures are approximate buyer verify information
Listed by
Listing Agent - Sophia J Willets
Listing Office - Grace CRE
Source: ARMLS mls logo
MLS#6905416 • last updated 3 months ago
Movoto checked ARMLS for data 16 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric
Heating Electric
MLS # 6905416
Type Multiple Dwellings
Status Closed
Property Tax 1135
Year Built 1984
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, <1 Space Per Unit
# of Open Parking Spaces 8
Exterior Features Sidewalk(s)
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Security Features Security Light(s)
Location
Subdivision GRANITE REEF VISTA UNIT NO 1
Community Features No Pool
Elementary School Salk Elementary School
Elementary School District Mesa Unified District
Middle School Fremont Junior High School
High School District Mesa Unified District
High School Red Mountain High School
APN 141-60-014
Zoning C4
Multifamily Details
Total # of Units 4
Expense: Operating 15191
Financial Data Source Owner
Expense: Maintenance 3577
Expense: Insurance 1850
Net Operating Income 29209
Gross Income 44400
Expense: Other 825
Expense: Professional Management 4437
Expense: Water/Sewer 3232
Gross Scheduled Income 44400
Expense: Gardener 135
Lot/ Land Details
Road Surface Asphalt
  • Dec 2025
    mls logo MLS # 6905416
  • Dec 27, 2025 Sold
    $680,000 (-2.2%)
  • Dec 10, 2025 Pending
  • Nov 15, 2025 Active
  • Oct 20, 2025 Price Change
    $695,000 (-3.5%)
  • Sep 29, 2025 Price Change
    $720,000 (-7.1%)
  • Aug 11, 2025 Listed
    $775,000

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  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85205
  • 6325 E Avalon St #1-4
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Mesa, AZ

  • 6325 E Avalon St #1-4
    $680K
  • East Mesa
    $499K
  • 85205
    $357K -10% y/y
  • Mesa
    $479K -3% y/y
No chart available
Statistics calculated by Movoto
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Source: GreatSchools.org © 2026. All rights reserved.
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