Movoto Real Estate
Sold on 04/26/2014

417 S Mitchell Dr, Tempe, AZ 85281

  • $300,000

    Last sold 04/26/2014 after 104 Days

  • 8

    bed

  • 4

    bath

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

About 417 S Mitchell Dr

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Property description
Well-maintained fourplex in the heart of Tempe. Convenient to shopping, ASU main campus and freeways. Excellent income property opportunity. New roof installed in February of 2014. 100% occupied - do not disturb tenants.
Listed by
Listing Agent - George F Bliss III
Listing Office - Keller Williams Integrity First
Source: ARMLS mls logo
MLS#5052969 • last updated 8 years ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5052969
Type Multiple Dwellings
Status Closed
Property Tax 1865
Year Built 1972
Interior
Flooring Concrete
Appliances Built-In Range, Disposal, W/D Hookup
Exterior
Roof Built-Up
Construction Block
Parking >1 Space Per Unit
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Monterrey Village
Community Features No Pool
Elementary School District Tempe Elementary School District
High School District Tempe Union High School District
APN 124-31-038
Zoning R-2
Directions From University Drive, North On Roosevelt Street To 5th Street, West To Mitchell, North To Property On East Side Of Mitchell.
Multifamily Details
Total # of Units 4
Expense: Operating 18385
Financial Data Source Owner
Expense: Maintenance 9680
Vacancy Allowance 0.05
Expense: Insurance 1115
Net Operating Income 15000
Gross Income 22572
Expense: Electric 1040
Expense: Professional Management 1659
Expense: Water/Sewer 1986
Gross Scheduled Income 23760
Expense: Gardener 1040
We are not permitted to show value estimates for this property.
  • Nov 2020
    Public Records
  • Nov 25, 2020 Sold
    $603,000 (+101.0%)
  • Apr 2014
    mls logo MLS # 5052969
  • Apr 26, 2014 Sold
    $300,000 (-6.3%)
  • Jan 12, 2014 Listed
    $320,000
  • 417 S Mitchell Dr
    $300K
  • Downtown Tempe - Rio Salado
    $460K -9% y/y
  • 85281
    $449K -8% y/y
  • Tempe
    $482K -3% y/y
No chart available
Statistics calculated by Movoto

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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
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  • Downtown Tempe - Rio Salado
  • 417 S Mitchell Dr
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