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Sold on 05/28/2016

6448 E Butte St, Mesa, AZ 85205

  • $400,000

    Last sold 05/28/2016 after 87 Days

  • 8

    bed

  • 5

    bath

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

About 6448 E Butte St

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Property description
DRIVE BY ONLY - DO NOT CONTACT OR BOTHER TENANTS - THEY ARE NOT AWARE OF THE SALE. This is a 55+ age restricted community under Velda Rose Estates. This recently updated, well-maintained, high-return, 5-plex building is situated on two parcels. The yard is very low maintenance and the tenants are long-term and well-established.
Listed by
Listing Agent - Mark Cassaday
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#5406988 • last updated 1 year ago
Movoto checked ARMLS for data 23 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Heat Pump, Individual, 2 Or More Units
Heating Individual, Heat Pump, 2 Or More Units, Electric
MLS # 5406988
Type Multiple Dwellings
Status Closed
Property Tax 1522.8
Year Built 1972
Interior
Flooring Carpet, Vinyl
Appliances Built-In Range, Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Brick Veneer, Wood Frame, Siding, Painted, Block, Brick
Parking >1 Space Per Unit
# of Open Parking Spaces 10
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Septic Tank
Location
Subdivision VELDA ROSE ESTATES EAST
Community Features Shuffle Brd/Lawn Bwl, Game/Rec Room, Clubhouse, Pool
Elementary School Adult
Elementary School District Mesa Unified District
Middle School Adult
High School District Mesa Unified District
High School Adult
APN 141-61-062
Zoning R-3
Directions East On University To 65th Street, Right On 65th To Butte, Right On Butte And The 5-plex Property Is On The Northwest Corner Facing Butte Street.
Multifamily Details
Total # of Units 5
Expense: Operating 10503.69
Financial Data Source Owner
Expense: Maintenance 2200
Expense: Insurance 2050.64
Net Operating Income 31329.35
Gross Income 3500
Expense: Trash 1161.97
Expense: Water/Sewer 938.28
Gross Scheduled Income 3500
Expense: Gardener 1800
We are not permitted to show value estimates for this property.
  • Aug 2020
    mls logo MLS # 5867903
  • Aug 18, 2020 Sold
    $455,000 (-4.2%)
  • Aug 18, 2020 Price Change
    $475,000 (+18.8%)
  • Jan 14, 2019 Listed
    —
  • May 2016
    mls logo MLS # 5406988
  • May 28, 2016 Sold
    $400,000 (-4.8%)
  • Mar 2, 2016 Listed
    $420,000
  • 6448 E Butte St
    $400K
  • East Mesa
    $499K
  • 85205
    $384K 0% y/y
  • Mesa
    $489K -2% 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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  • 6448 E Butte St
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