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Sold on 03/15/2018

6419 E Avalon St, Mesa, AZ 85205

  • $490,000

    Last sold 03/15/2018 after 93 Days

  • 11

    bed

  • 9

    bath

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

About 6419 E Avalon St

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Property description
Super Bargain here With Lots of Upside. Investors Take a Close Look as This Property Just Needs an Active Manager to add Some Exterior Amenities and to Raise the Rents to Market Adding Around a $1,000 a Month to the Rent Roll. Already Good Cash Flow, But You Can Make it Even Better. You Can Add Value to This One ! All Facts and Figures Approximate, Buyer to Verify To Their Satisfaction.
Listed by
Listing Agent - Steven J. Fowler
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#5697931 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Electric
MLS # 5697931
Type Multiple Dwellings
Status Closed
Property Tax 2120
Year Built 1955
Interior
Flooring Carpet, Vinyl
Appliances Built-In Range, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Free, >1 Space Per Unit, On Street
# of Open Parking Spaces 18
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Septic In & Cnctd
Location
Subdivision GRANITE REEF VISTA 1
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-60-046
Zoning Multi
Directions North On 64th St. East On Avalon St. Properties On South Side Of Street.
Multifamily Details
Total # of Units 9
Expense: Operating 17834
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 4000
Vacancy Allowance 0.05
Expense: Insurance 4300
Net Operating Income 32802
Gross Income 50730
Expense: Other 1222
Expense: Professional Management 3552
Expense: Water/Sewer 2040
Gross Scheduled Income 53400
Expense: Gardener 600
We are not permitted to show value estimates for this property.
  • Mar 2018
    mls logo MLS # 5697931
  • Mar 15, 2018 Sold
    $490,000
  • Dec 12, 2017 Listed
    $500,000
  • Mar 2018
    Public Records
  • Mar 15, 2018 Sold
    $490,000 (-2.0%)
  • 6419 E Avalon St
    $490K
  • East Mesa
    $499K
  • 85205
    $365K -8% y/y
  • Mesa
    $489K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Salk 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
5/10
Fremont Junior High School
public Grades 7-8
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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  • AZ
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  • 6419 E Avalon St
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