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Sold on 08/22/2022

6723 E Avalon St, Mesa, AZ 85205

  • $950,000

    Last sold 08/22/2022 after 275 Days

  • 2

    bed

  • 2

    bath

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

About 6723 E Avalon St

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Rental estimate
Property description
Now Updated! Fantastic Opportunity to Own 8 Units in East Mesa. This is Cash Flowing Asset with the Opportunity to Renovate One Down unit and Raise Rents. This property consists of two 1 bedroom units and Six Studio units. This is a stable apartment with tons of upside. DO NOT DISTURB TENANTS!
Listed by
Listing Agent - Kelly Rojas
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#6323917 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Window/Wall Unit
Heating Window/Wall Unit(s)
MLS # 6323917
Type Multiple Dwellings
Status Closed
Property Tax 1450
Year Built 1950
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator, Microwave
Exterior
Roof Composition, Foam
Construction Painted, Block
Parking 1 Space/Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision DESERT WELLS AMD
Community Features Other
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-58-168
Zoning LC
Directions South On Power To Avalon, West To The Property On The South Side Of The Road
Multifamily Details
Total # of Units 8
Expense: Operating 19067.01
Financial Data Source Owner
Expense: Maintenance 450
Vacancy Allowance 0.05
Expense: Insurance 3323
Net Operating Income 53858
Gross Income 72925.8
Expense: Electric 8413.6
Expense: Water/Sewer 4530.41
Gross Scheduled Income 76764
Expense: Gardener 900
We are not permitted to show value estimates for this property.
  • Aug 2022
    mls logo MLS # 6323917
  • Aug 22, 2022 Sold
    $950,000 (-2.6%)
  • Jul 8, 2022 Pending
    —
  • Feb 17, 2022 Listed
    —
  • Feb 9, 2022 Pending
    —
  • Jan 15, 2022 Price Change
    $975,000 (-2.5%)
  • Nov 26, 2021 Listed
    $1,000,000
  • 6723 E Avalon St
    $950K
  • 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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  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85205
  • 6723 E Avalon St
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