5816 E ALBANY Street 1-4, Mesa, AZ 85205
$699,900
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$699,900
Last Modified:
4/09/2026
Description
Amazing 4 plex opportunity in East Mesa!!! 4 plex is located in a 55+ community!!! The property has always stayed occupied. Unit was built in 1982 with excellent workmanship. Very Low expenses year after year as this is a solid well built property. This is a value ad opportunity with Room for rents to increase. Come make us an offer and make this your next investment today!
More Information MLS# 7011586
Contract Info
Ownership: Fee Simple
Current Price: $699,900
List Price: $699,900
Status: Active
List Date: 2026-04-09
Location, Tax & Legal
Unit #: 1-4
Assessor's Map #: 49
Legal Description (Abbrev): DREAMLAND VILLA UNIT 14 MCR 132-30 E 121F OF TR A EX S 106.92F
Assessor's Parcel #: 405
Assessor Parcel Ltr: F
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 420214
Taxes: 930
Legal: DREAMLAND VILLA UNIT 14 MCR 132-30 E 121F OF TR A EX S 106.92F
Marketing Name: NA
House Number: 5816
Compass: E
Street Name: ALBANY
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 8870
County Code: Maricopa
Subdivision: DREAMLAND VILLA 14
Assessor Number: 141-49-405-F
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: .25 ACRES
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Year Built: 1982
Zoning: X
Legal Info
Range: 6E
Section: 23
Township: 1N
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 2400
Annual Land Lse Exp: 0
Annual Landscape Exp: 1500
Annual Legal & Acctg: 0
Annual Maint Exp: 2000
Annual Mgmt Exp: 0
Annual Trash Exp: 1200
Annual Wtr/Swr Exp: 2400
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 930
Operating Exp: 11360
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 55632
Pmt & Rate Info
Cap Rate: 6.33
Down Payment: 0
Equity: 699900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Lockbox Type
None: 1
Community Features
See Remarks: 1
Heating
Heat Pump: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exterior Amenities
Other (See Remarks): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Private: 1
Parking Features
<1 Space Per Unit: 1
Paved: 1
Electric
SRP: 1
None: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Cash to Loan: 1
VA: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 602-228-1941
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1200
Avg SqFt: 700
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1200
Avg SqFt: 900
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: RECKER AND MAIN ST
Directions: USE GPS
Geo Lat: 33.418656
Geo Lon: -111.705394
Income Expenses
Gross Annual Sch Inc: 55632
Net Operating Income: 44272
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: See Remarks
Exterior Amenities: Other (See Remarks)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Built-In Range; Refrigerator; W/D Hookup
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Private
Electric: SRP; None
Gas: None
Parking Features: <1 Space Per Unit; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
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: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Cash to Loan; VA; Conventional; 1031 Exchange
Environmental: None
Listing Office:
Tradelands Realty
Last Updated: April - 09 - 2026
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