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Sold on 08/16/2025

726 E 3rd Ave, Mesa, AZ 85204

  • $340,000

    Last sold 08/16/2025 after 88 Days

  • 4

    bed

  • 3

    bath

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

About 726 E 3rd Ave

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Property description
BRING US AN OFFER!! Great investment property with 2 rental units. Listed as a triplex, but a studio on site was added to a one bedroom one bathroom unit creating a larger 2 bedroom 2 bathroom unit with large yard. Great location near public transportation and schools. New Roof IN 2021. Near downtown Mesa - EACH UNIT RENTS FOR $1575. VERY FEW REPAIRS EVER NEEDED ON THIS PROPERTY. TRULLY A CASH FLOWING PROPERTY!! BRING US AN OFFER!!
Listed by
Listing Agent - Brickman Allen
Listing Office - Tradelands Realty
Source: ARMLS mls logo
MLS#6868946 • last updated 9 months ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Heat Pump
Heating Heat Pump
MLS # 6868946
Type Multiple Dwellings
Status Closed
Property Tax 824
Year Built 1957
Interior
Flooring Ceramic Tile, Concrete
Appliances Free-Standing Range, Disposal, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Painted, Block
Parking Carport
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School Lowell Elementary School
Elementary School District Mesa Unified District
Middle School Kino Junior High School
High School District Mesa Unified District
High School Mesa High School
APN 138-29-035-F
Zoning RM-4
Directions West To Horne, North To 3rd Ave, West To Property On North Side Of Road.
Multifamily Details
Total # of Units 2
Expense: Operating 8649
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 3000
Expense: Insurance 1000
Net Operating Income 29151
Gross Income 37800
Expense: Other 825
Expense: Water/Sewer 3000
Gross Scheduled Income 37800
We are not permitted to show value estimates for this property.
  • Jul 2025
    mls logo MLS # 6868946
  • Jul 25, 2025 Pending
    —
  • Jul 23, 2025 Price Change
    $359,900 (-2.7%)
  • Jul 18, 2025 Price Change
    $369,900 (-3.9%)
  • Jul 17, 2025 Price Change
    $384,900 (-3.8%)
  • Jun 18, 2025 Price Change
    $399,900 (-9.1%)
  • Jun 7, 2025 Price Change
    $439,900 (-2.2%)
  • Jun 3, 2025 Price Change
    $449,900 (-2.2%)
  • May 24, 2025 Price Change
    $459,900 (-3.2%)
  • May 20, 2025 Listed
    $475,000 (+5.6%)
  • Sep 2022
    mls logo MLS # 6440919
  • Sep 30, 2022 Price Change
    $450,000 (-8.2%)
  • Aug 22, 2022 Price Change
    $490,000 (-5.8%)
  • Aug 10, 2022 Price Change
    $520,000 (-5.5%)
  • Jul 27, 2022 Listed
    $550,000
  • 726 E 3rd Ave
    $340K
  • East Mesa
    $499K
  • 85204
    $429K +2% y/y
  • Mesa
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Lowell 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
Mesa 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
  • 85204
  • 726 E 3rd Ave
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