4812 E CABALLERO Circle, Mesa, AZ 85205

$560,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $560,000 Last Modified: 5/18/2026

Overview

Description

TRIPLEX - Fully occupied! Great opportunity for investment or owner occupied. All three units are 2 bedrooms, 1 bathroom, with 1 parking space and plenty of street parking. Tenants are currently month-to-month leases and paying below market value. High CAP rate!

Listing Details MLS# 6686926

Location, Tax & Legal

House Number
4812
Compass
E
Street Name
CABALLERO
St Suffix
Circle
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
2743
Country
US
County Code
Maricopa
Subdivision
GREENFIELD ESTATES UNIT 2
Assessor Number
140-15-148
Tax Year
2023
Assessor's Map #
15
Legal Description (Abbrev)
LOT 135 GREENFIELD ESTATES UNIT 2 MCR 021544
Assessor's Parcel #
148
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420208
Taxes
1351
Legal
LOT 135 GREENFIELD ESTATES UNIT 2 MCR 021544
Marketing Name
Greenfield Estates

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
134’x70’
Year Built
1983
Uncvrd Parking Spcs
6
Total # of Units
3
# of Buildings
Yes
Zoning
D (2)
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Status Change Info

Off Market Date
2024-04-10
Under Contract Date
2024-04-09
Close of Escrow Date
2024-05-07

Legal Info

Township
1N
Range
6E
Section
15
Lot Number
135

More Information

Income Expenses

Gross Annual Sch Inc
43200
Net Operating Income
36899

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Phone Call
Yes

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
900
Avg SqFt
850
# 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

Tri-Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Siding
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1351
Other Income
0
Vacancy Allowance
0.1
Adjusted Gross Inc
38880
Total Monthly Rental Income
3600

Pmt & Rate Info

Cap Rate
6.59
Equity
560000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Payment Includes

Principal
Yes
Interest
Yes
Taxes
Yes
Insurance
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Desert Landscaping
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

Gas
Yes
Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes

Appliances Included

Refrigerator
Yes
Built-In Range
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

Carport
Yes
Paved
Yes

Electric

City Electric
Yes

Gas

City Gas
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

VA
Yes

Reports/Disclosures

None
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: Tri-Plex Construction: Wood Frame Const - Finish: Siding Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Payment Includes: Principal; Interest; Taxes; Insurance Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Other (See Remarks) Appliances Included: Built-In Range; Refrigerator Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: City Electric Gas: City Gas Parking Features: Carport; Paved Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: VA New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Last Updated: May - 18 - 2026
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