754 W 5TH Avenue, Mesa, AZ 85210

$700,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $700,000 Last Modified: 7/02/2026

Overview

Description

Large lot with 4 units enclosed courtyard plus each unit has storage room for additional space and storage. Each unit is a two bedroom, one bath, 900 sq ft. Onsite community coin laundry. New roof 2011, all appliances included. All units have tile for low maintenance. Very desirable location with corner lot gives lots of drive by traffic for potential tenants. All units are month to month and have had the same tenants for years.

Listing Details MLS# 6859004

Location, Tax & Legal

House Number
754
Compass
W
Street Name
5TH
St Suffix
Avenue
City/Town Code
Mesa
State/Province
AZ
Zip Code
85210
Zip4
2381
Country
US
County Code
Maricopa
Subdivision
SOUTHWEST MESA CENTER
Assessor Number
134-10-003
Tax Year
2024
Assessor's Map #
10
Legal Description (Abbrev)
LOT 1 SOUTHWEST MESA CENTER MCR 007410
Assessor's Parcel #
3
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
422106
Taxes
1600
Legal
LOT 1 SOUTHWEST MESA CENTER MCR 007410
Marketing Name
4 plex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
12,125
Year Built
1984
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
2
Zoning
Multi
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Remarks Misc

Cross Street
Broadway/ Extension
Directions
Broadway/ Extension Directions: South on Extension to 5th Ave. On Corner of 5th Ave

Status Change Info

Off Market Date
2025-10-16
Under Contract Date
2025-09-09
Close of Escrow Date
2025-10-17

Legal Info

Township
1N
Range
5E
Section
28
Lot Number
Yes

More Information

Income Expenses

Gross Annual Sch Inc
49200

Showing Notification Methods

Showing Service
No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1025
Avg SqFt
900
# Baths
Yes

3 Bedrooms Units

Avg Rent
1025

Contact Info

List Agent Home Phn
480-677-1447

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Seller Assist - A
Buyer Concession $/%
$
Seller Concession to Buyer
15000
Seller Concession $/%
$
Buyer Concession to Seller
0

Project Type

Four Plex
Yes

Construction

Block
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
1697
Annual Land Lse Exp
0
Annual Landscape Exp
960
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
1400
Annual Wtr/Swr Exp
4000
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
9657
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
49200
Total Monthly Rental Income
4100

Pmt & Rate Info

Down Payment
0
Equity
750000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

See Private Remarks
Yes

Community Features

Other
Yes
See Remarks
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Fenced
Yes
Sidewalk(s)
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Disposal
Yes
Refrigerator
Yes
Free-Standing Range
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
1031 Exchange
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

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
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

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: Other; See Remarks Exterior Amenities: Fenced; Sidewalk(s) Appliances Included: Free-Standing Range; Refrigerator; Disposal Cooling: Electric 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 Lockbox Type: See Private Remarks 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; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: DeLex Realty
Last Updated: July - 02 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.