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Sold on 08/31/2019

903 E 4th Pl, Mesa, AZ 85203

$345,000

Last sold 08/31/2019 after 29 Days

  • 5

    bed

  • 3

    bath

Multi-family not for sale
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About 903 E 4th Pl

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Property description
We are pleased to present an amazing Triplex in the heart of Mesa. This building is 100% occupied. Nice residential neighborhood. Fenced with available Irrigation. Super rare that all utilities are currently paid by tenants. Completely separately metered for all utilities. All central air conditioners. Great Off Street Parking. Super close to downtown Mesa ,shopping, freeways. Rents have not been raised. (one one bedroom $680 currently) ( 2 two bedroom units currently at 799 to 875) Market rents are 900 up to 1,100. A great value add or owner occupant. All Facts and Figures Approximate buyer verify all MLS information. Drive by only tenants are unaware of the sale.
Listed by
Listing Agent - Sophia J Willets
Listing Office - Grace CRE
Source: ARMLS mls logo
MLS#5960939 • last updated 6 months ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Electric
Heating Natural Gas
MLS # 5960939
Type Multiple Dwellings
Status Closed
Property Tax 968
Year Built 1972
Interior
Flooring Concrete
Appliances Free-Standing Range
Exterior
Roof Composition
Construction Brick Veneer, Wood Frame, Painted
Parking Carport
# of Open Parking Spaces 3
# of Covered Spaces 3
Exterior Features Sidewalk(s)
Amenities / Utilities
Water Source City Franchise
Sewer/Septic 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 137-06-057-C
Zoning RES
Multifamily Details
Total # of Units 3
Expense: Operating 7136
Financial Data Source Projected Proforma
Expense: Maintenance 1500
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 25924
Gross Income 33060
Expense: Other 968
Expense: Professional Management 1500
Gross Scheduled Income 34800
Expense: Gardener 1000
We are not permitted to show value estimates for this property.
  • Jan 2021
    mls logo MLS # 6166164
  • Jan 22, 2021 Price Change
    $624,900 (+2.1%)
  • Dec 1, 2020 Listed
    $611,900 (+77.4%)
  • Nov 2020
    mls logo MLS # 5960939
  • Nov 30, 2020 Sold
    $345,000 (+6.2%)
  • Nov 30, 2020 Price Change
    $325,000 (-5.8%)
  • Aug 2, 2019 Listed
    —
  • Sep 2019
    Public Records
  • Sep 6, 2019 Sold
    $345,000 (+30.2%)
  • May 2005
    Public Records
  • May 31, 2005 Sold
    $265,000 (+48.5%)
  • Jul 2001
    Public Records
  • Jul 30, 2001 Sold
    $178,400
  • Year Property taxes Tax assessment
  • 2024
    $1,095 -0.8%
    $45,770
  • 2023
    $1,104 +2.1%
    $45,770 +26.44%
  • 2022
    $1,081 -1.2%
    $36,200 +28.55%
  • 2021
    $1,094 +1.3%
    $28,160 +20.29%
  • 2020
    $1,080 +7.0%
    $23,410 +10.11%
  • 2019
    $1,009 +4.2%
    $21,260 +17.07%
  • 2018
    $968 +3.1%
    $18,160 +11.89%
  • 2017
    $939 +1.9%
    $16,230 +21.57%
  • 2016
    $922 +6.4%
    $13,350
  • 2015
    $866
    —
  • 903 E 4th Pl
    $345K
  • East Mesa
    $499K
  • 85203
    $525K +6% y/y
  • Mesa
    $470K -3% 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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