327 S STAPLEY Drive, Mesa, AZ 85204

$695,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $695,000 Last Modified: 6/15/2026

Overview

Description

ATTENTION VALUE ADD INVESTORS!!! HUGE UPSIDE ON MONTH TO MONTH RENTS, NICE CENTRAL MESA LOCATON BETWEEN US 60 AND MESA'S THRIVING MAIN STREET. ALL LARGE 2 BEDROOM UNITS 920 SQFT. WITH PRIVATE BALACONIES/ PATIOS AND YARDS, WASHER/DRYER HOOKUPS, TILE FLOORING, 2018 ROOF, 3 AC UNITS 2022, COVERED PARKING. $1,250 Market Rents Proforma in Documents at 6.8 CAP RATE. Facts and figures approximate, buyer to verify to their own satisfaction.

Listing Details MLS# 6706352

Location, Tax & Legal

House Number
327
Compass
S
Street Name
STAPLEY
St Suffix
Drive
City/Town Code
Mesa
State/Province
AZ
Zip Code
85204
Zip4
2159
Country
US
County Code
Maricopa
Subdivision
HIBBERT-ALLEN ACRES LOTS 1-4
Assessor Number
138-14-019-N
Tax Year
2023
Assessor's Map #
14
Legal Description (Abbrev)
HIBBERT ALLEN ACRES MCR 14/41 PT LOT 15 S 90F OF W 200F COM SW COR SD LOT TH E 93F TPOB TH N 20F
Assessor's Parcel #
19
Assessor Parcel Ltr
N
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
421602
Taxes
1500
Tax District
04
Legal
HIBBERT ALLEN ACRES MCR 14/41 PT LOT 15 S 90F OF W 200F COM SW COR SD LOT TH E 93F TPOB TH N 20F
Marketing Name
Stapley 4

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
56X70
Year Built
1984
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
RM-4
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Remarks Misc

Cross Street
Stapley Dr & Broadway
Directions
From US60 West North on Stapley Dr Just north of Broadway Rd and 3rd Street on East side of Stapley.

Status Change Info

Off Market Date
2024-06-25
Under Contract Date
2024-05-20
Close of Escrow Date
2024-06-24

Legal Info

Township
1N
Range
5E
Section
24
Lot Number
15

More Information

Income Expenses

Gross Annual Sch Inc
36000
Net Operating Income
29257

Showing Notification Methods

Showing Service
No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
750
Avg SqFt
920
# Baths
Yes

Sold Info

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

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1120
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
4123
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
6743
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
36000
Total Monthly Rental Income
0

Pmt & Rate Info

Cap Rate
4.21
Equity
695000
Down Payment %
100
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

See Remarks
Yes

Heating

Electric
Yes
Individual
Yes

Cooling

Central Air
Yes
Individual
Yes

Exterior Amenities

Patio/Balcony
Yes
Other (See Remarks)
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Refrigerator
Yes
Built-In Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
1 Space/Unit
Yes
Add'l Parking Avail
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Special

Incorporated Area
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
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: Wood Frame Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: See Remarks Exterior Amenities: Patio/Balcony; Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Built-In Range; Refrigerator; W/D Hookup Heating: Individual Cooling: Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Special: Incorporated Area Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Terms: Not Applicable New Financing: Cash; FHA; Conventional Environmental: None
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: June - 15 - 2026
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