TERRIFIC INVESTMENT OPPORTUNITY! This 4 Unit property with all 2 bedroom units is coming in at 6.2% CAP Rate. 3 long term leases in place. 1 unit run as an Air BnB bringing in substantial cashflow with a professional manager keeping it consistently rented. Do Not Bother Tenants. Available to see property once in escrow.
Sold for $880,000
$880,000
2728 N SALEM --, Mesa, AZ 85215
8beds
7baths
--sqft
Multi Family
Built in 1985
-- sqft lot
$858,900 Zestimate®
$--/sqft
$2,289 Estimated rent
Home value
$858,900
$807,000 - $910,000
$2,289/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Susan McCall 480-452-6731,
Commercial Property Connect,
Amy Gibson 602-625-5647,
Commercial Property Connect
Bought with:
Susan McCall, BR552939000
Commercial Property Connect
Amy Gibson, BR651378000
Commercial Property Connect
Source: ARMLS,MLS#: 6599277
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Ceramic Tile, Vinyl, Wood
Property
Parking
- Total spaces: 6
- Parking features: >1 Space Per Unit, On Street
- Uncovered spaces: 6
Lot
- Size: 7,860 Square Feet
- Dimensions: 7860
Details
- Parcel number: 14180401
- Zoning: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: Master Meter, City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: LOMA VISTA
Location
- Region: Mesa
Financial & listing details
- Tax assessed value: $603,200
- Annual tax amount: $2,237
- Date on market: 11/18/2025
- Cumulative days on market: 6 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2023 | Sold | $880,000-2.2% |
Source:  ARMLS #6599277 Report a problem | ||
| 9/7/2023 | Pending sale | $900,000 |
Source: ARMLS #6599277 Report a problem | ||
| 8/31/2023 | Listed for sale | $900,000+38.5% |
Source: ARMLS #6599277 Report a problem | ||
| 3/5/2021 | Sold | $650,000+8.3% |
Source: ARMLS #6181558 Report a problem | ||
| 2/4/2021 | Pending sale | $600,000 |
Source: Real Living S.J. Fowler Real Estate #6181558 Report a problem | ||
| 2/4/2021 | Listed for sale | $600,000 |
Source: Real Living S.J. Fowler Real Estate #6181558 Report a problem | ||
| 2/3/2021 | Pending sale | $600,000 |
Source: ARMLS #6181558 Report a problem | ||
| 1/15/2021 | Listed for sale | $600,000+13.2% |
Source: ARMLS #6181558 Report a problem | ||
| 9/12/2019 | Listing removed | $530,000 |
Source: Owner Report a problem | ||
| 8/24/2019 | Listed for sale | $530,000+22.3% |
Source: Owner Report a problem | ||
| 2/21/2019 | Sold | $433,500-0.3% |
Source: Public Record Report a problem | ||
| 1/23/2019 | Price change | $435,000+2.4% |
Source: Duckett Management & Real Estate #5870198 Report a problem | ||
| 1/18/2019 | Listed for sale | $425,000+197.2% |
Source: Duckett Management & Real Estate #5870198 Report a problem | ||
| 4/8/2014 | Listing removed | $625 |
Source: Zillow Rental Network Report a problem | ||
| 12/11/2013 | Listed for rent | $625+4.2% |
Source: Zillow Rental Network Report a problem | ||
| 9/19/2012 | Listing removed | $600 |
Source: Duckett Management And Real Estate Report a problem | ||
| 8/4/2012 | Listed for rent | $600 |
Source: Duckett Management And Real Estate Report a problem | ||
| 12/17/2010 | Sold | $143,000-61.9% |
Source: Public Record Report a problem | ||
| 5/9/2007 | Sold | $375,000+58.9% |
Source: Public Record Report a problem | ||
| 11/8/2002 | Sold | $236,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,266 +0.5% | $60,320 -4.7% |
| 2024 | $2,255 -0.8% | $63,270 +202.2% |
| 2023 | $2,274 +1.6% | $20,938 -46.8% |
| 2022 | $2,237 +0.1% | $39,370 +11.3% |
| 2021 | $2,235 +7% | $35,370 +13.7% |
| 2020 | $2,088 +4.2% | $31,120 +23% |
| 2019 | $2,004 | $25,310 +4.8% |
| 2018 | $2,004 +3.1% | $24,150 +21.2% |
| 2017 | $1,945 +8.4% | $19,920 +4.7% |
| 2016 | $1,794 +2.4% | $19,020 +9.2% |
| 2015 | $1,751 | $17,410 +19.6% |
| 2014 | -- | $14,560 +18.7% |
| 2013 | -- | $12,270 -2.9% |
| 2012 | -- | $12,630 -12% |
| 2011 | -- | $14,350 -19% |
| 2010 | -- | $17,720 -43.2% |
| 2009 | -- | $31,170 -11.3% |
| 2008 | -- | $35,150 +38.1% |
| 2007 | -- | $25,450 +23.8% |
| 2006 | -- | $20,550 |
| 2005 | -- | $20,550 +24.2% |
| 2004 | -- | $16,550 |
| 2003 | -- | $16,550 +19.9% |
| 2002 | -- | $13,800 |
Find assessor info on the county website
Neighborhood: The Wells
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Nearby schools
GreatSchools rating
- 5/10Shepherd Junior High SchoolGrades: 4-8Distance: 1.7 mi
- 7/10Red Mountain High SchoolGrades: 9-12Distance: 2.7 mi
- 8/10Bush Elementary SchoolGrades: PK-6Distance: 1.8 mi
Schools provided by the listing agent
- District: Mesa Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$858,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$858,900
- Arizona
- Maricopa County
- Mesa
- 85215
- The Wells
- 2728 N SALEM --
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