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Sold on 08/09/2022

707 E University Dr, Mesa, AZ 85203

$515,000

Last sold 08/09/2022 after 53 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 707 E University Dr

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Property description
Welcome to a beautifully renovated duplex! There are so many options in this pristine two unit house. Multigenerational living - aging parents on one side and family on the other. Adult kids that need their own space? Live one side and long or short term the other. Or just rent both sides! So many choices! The entire house has been redone with tasteful nods to the time it was built. Storage galore with built ins every where. Amazing light makes it feel airy and bright. The front yard is newly fenced for privacy with a real grass lawn under your feet. Fresh exterior paint updates it beautifully! *furnishings may be available on a separate bill of sale *buyer to verify all facts and figures
Listed by
Listing Agent - Carla Magee
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#6422219 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric
Heating Electric
MLS # 6422219
Type Multiple Dwellings
Status Closed
Property Tax 1056
Year Built 1948
Interior
Flooring Vinyl
Appliances Built-In Range, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Brick
Parking >1 Space Per Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Community Features No Pool
Elementary School Edison Elementary School
Elementary School District Mesa Unified District
Middle School Kino Junior High School
High School District Mesa Unified District
High School Westwood High School
APN 138-23-052-A
Zoning RM4
Directions West On University To 707 On The South Side Of The Street.
Multifamily Details
Total # of Units 2
Expense: Operating 9926
Financial Data Source Owner, Projected Proforma
Expense: Insurance 1000
Net Operating Income 31474
Gross Income 41400
Expense: Electric 3000
Expense: Fuel 1000
Expense: Trash 600
Expense: Professional Management 2070
Expense: Water/Sewer 1200
Gross Scheduled Income 41400
We are not permitted to show value estimates for this property.
  • May 2026
    mls logo MLS # 6993114
  • May 10, 2026 Price Change
    $489,000 (-2.0%)
  • Mar 4, 2026 Listed
    $499,000 (-0.2%)
  • Aug 2025
    mls logo MLS # 6905115
  • Aug 13, 2025 Listed
    $499,999 (+104.1%)
  • Aug 2025
    mls logo MLS # 6901489
  • Aug 4, 2025 Listed
    $245,000 (-55.5%)
  • May 2024
    mls logo MLS # 6712706
  • May 31, 2024 Listed
    $550,000 (+4.8%)
  • Aug 2022
    mls logo MLS # 6424603
  • Aug 8, 2022 Sold
    $525,000 (+1.9%)
  • Jul 7, 2022 Listed
    —
  • Jun 29, 2022 Pending
    —
  • Jun 26, 2022 Listed
    $525,000
  • Aug 2022
    mls logo MLS # 6422219
  • Aug 8, 2022 Sold
    $515,000 (-1.9%)
  • Jul 7, 2022 Listed
    —
  • Jun 29, 2022 Pending
    —
  • Jun 22, 2022 Listed
    $525,000 (+56.3%)
  • Apr 2021
    mls logo MLS # 6198348
  • Apr 6, 2021 Sold
    $336,000 (-1.2%)
  • Mar 12, 2021 Pending
    —
  • Feb 24, 2021 Listed
    $340,000
  • Year Property taxes Tax assessment
  • 2024
    $78 -1.2%
    $2,740 -3.86%
  • 2023
    $79 +2.1%
    $2,850 +18.75%
  • 2022
    $77 -2.6%
    $2,400 +33.33%
  • 2021
    $79 +1.4%
    $1,800 +4.65%
  • 2020
    $78 +7.9%
    $1,720 +6.17%
  • 2019
    $73 +4.6%
    $1,620 +15.71%
  • 2018
    $69 +3.3%
    $1,400 +6.06%
  • 2017
    $67 +2.0%
    $1,320 +14.78%
  • 2016
    $66 +5.8%
    $1,150
  • 2015
    $62
    —
  • 707 E University Dr
    $515K
  • Pioneer Protectors
    —
  • 85203
    $530K +13% y/y
  • Mesa
    $479K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Edison 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
2/10
Kino Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Westwood High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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