319 S PIONEER, Mesa, AZ 85204

$909,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $909,000 Last Modified: 4/20/2025

Overview

Description

4PLEX for sale near downtown Mesa! Exterior paint is brand new! 3 of the 4 units have been recently upgraded on the interior. Owner pays water (on one meter)/sewer/trash. Tenants pay electric, cable, internet etc. Electric is on 4 separate meters. Property has a beautiful community yard with lush green foliage. In the Temple Historic district, a short walk to the light rail, you can't ask for a better spot! Bottom two units are well insulated half sunk basement which helps stays cool all year round! Appliances included. 1 covered and 1 uncovered parking space provided, other street parking available. Vinyl windows - 2019, all 4 HVAC - 2019, new roof - 2019, and muchmore!

Listing Details MLS# 6451621

Location, Tax & Legal

Map Code/Grid
R39
House Number
319
Compass
S
Street Name
PIONEER
St Suffix
--
City/Town Code
Mesa
State/Province
AZ
Zip Code
85204
Zip4
2061
Country
US
County Code
Maricopa
Subdivision
MESA ARIZONA
Assessor Number
138-30-065-J
Tax Year
2021
Assessor's Map #
30
Legal Description (Abbrev)
S 60F OF N 240F OF W 109F OF E 264F OF SE4 SW4 SW4 SEC 23 BEING PRT OF BLK 90 MESA MCR 23/18 TOG-WI
Assessor's Parcel #
65
Assessor Parcel Ltr
J
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
421501
Taxes
2150
Legal
S 60F OF N 240F OF W 109F OF E 264F OF SE4 SW4 SW4 SEC 23 BEING PRT OF BLK 90 MESA MCR 23/18 TOG-WI
Marketing Name
Mesa Arizona

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
60'x107'
Year Built
1977
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
RM-3
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Elementary School
Lowell Elementary School
Jr. High School
Kino Junior High School
High School
Mesa High School

Remarks Misc

Cross Street
Broadway & Mesa Dr
Directions
East on Broadway to Pioneer. North to property.

Status Change Info

Off Market Date
2022-09-29
Under Contract Date
2022-08-30
Close of Escrow Date
2022-09-29

Legal Info

Township
1N
Range
5E
Section
23
Block
90
Lot Number
-

More Information

Income Expenses

Gross Annual Sch Inc
74400
Net Operating Income
66465

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1550
Avg SqFt
925
# Baths
4

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
2
Seller Concession $/%
%
Buyer Concession to Seller
0

Project Type

Four Plex
Yes

Construction

Slump Block
Yes

Const - Finish

Painted
Yes
Siding
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Wtr/Swr Exp
3600
Owner Association
No
Annual Ownr Asoc Fee
0
Annual Other Expense
600
Operating Exp
6350
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
70680

Pmt & Rate Info

Cap Rate
7.19
Equity
925000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Exterior Amenities

Landscape Water System
Yes
Fenced
Yes
Patio/Balcony
Yes
Separate Storage
Yes
Security Light(s)
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

Irrigation
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
On Street
Yes
>1 Space Per Unit
Yes
Assigned
Yes

Electric

City Electric
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes

Special

Owner/Agent
Yes

Existing 1st Loan

Conventional
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Slump Block Const - Finish: Painted; Siding Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Fenced; Patio/Balcony; Separate Storage; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Cooling: Ceiling Fan(s); Central Air Water Source: Irrigation; Master Meter Sewer: Sewer - Public Electric: City Electric; Individual Meter Gas: None Parking Features: Carport; On Street; >1 Space Per Unit; Assigned Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
IDX
Listing Office: Dorrmat
Last Updated: April - 20 - 2025
Broker Attribution: info@DORRMAT.com

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