4423 E MCLELLAN Road 109-112, Mesa, AZ 85205

$998,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $998,000 Last Modified: 4/26/2025

Overview

Description

Built in 2005, this fourplex has four 3 bedroom, 2 bathrooms units with refrigerators in each unit. Three of the units include washer and dryer. Tenants pay for electricity, sewer and water. Community features include community pool and playground area. All units are currently vacant, however the most recent rent rates were as follows: #109 = $1,425.00, #110 = $1,525.00, #111 = $1,375.00, #112 = $1,500.00.

Listing Details MLS# 6494056

Location, Tax & Legal

Map Code/Grid
Q41
House Number
4423
Compass
E
Street Name
MCLELLAN
St Suffix
Road
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
3216
Country
US
County Code
Maricopa
Subdivision
FALCON ESTATES FOURPLEX SUBDIVISION
Assessor Number
141-72-076
Tax Year
2022
Unit #
109-112
Assessor's Map #
72
Legal Description (Abbrev)
LOT 3 FALCON ESTATES FOURPLEX SUBDIVISION MCR 075310
Assessor's Parcel #
76
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420215
Taxes
3805
Legal
LOT 3 FALCON ESTATES FOURPLEX SUBDIVISION MCR 075310
Marketing Name
Fourplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Uknown
Year Built
2005
Uncvrd Parking Spcs
Yes
Total # of Units
4
# of Buildings
Yes
Zoning
RM-3
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Elementary School
Bush Elementary
Jr. High School
Shepherd Junior High School
High School
Red Mountain High School

Remarks Misc

Cross Street
Greenfield Rd and McKellips Rd
Directions
South On Greenfield Rd, East on McLellan to Falcon Estates

Status Change Info

Off Market Date
2022-12-28
Under Contract Date
2022-12-14
Close of Escrow Date
2022-12-27

Legal Info

Township
1N
Range
6E
Section
10
Lot Number
3

More Information

Efficiency Units

# Efficiency Units
4
Avg Rent
1456.25
Avg SqFt
1225
# Baths
2

3 Bedrooms Units

# 3 Bedroom Units
4
Avg Rent
1456.25
Avg SqFt
1225
# Baths
2

Sold Info

Loan Type
Carryback
Loan Years
Yes
Payment Type
Other
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
Stucco
Yes

Roofing

Tile
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Other (See Remarks)
Yes

Income & Expenses

Owner Association
Yes
Annual Ownr Asoc Fee
10236
Operating Exp
14041
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
997528
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
4000
Assessment Bal Yrs
Yes

Lockbox Type

Supra
Yes

Community Features

Pool
Yes
Play Area
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Interior Features

Basement
Yes

Tenant Pays

Water
Yes
Sewer
Yes
Electricity
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Paved
Yes
Assigned
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Other
Yes
See Remarks
Yes

New Financing

Cash to Loan
Yes
Conventional
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Ceramic Tile; Carpet Sale Includes: Other (See Remarks) Community Features: Pool; Play Area Interior Features: Basement Appliances Included: Refrigerator; Dishwasher; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Assigned; Paved Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Water; Sewer; Electricity Source of Fincl Data: Other (See Remarks) Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash to Loan; Conventional Environmental: None
IDX
Listing Office: Century 21 Seago
Last Updated: April - 26 - 2025
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