Great investment opportunity. Three units that are all two bedroom one bath. Also three outside storage closets and laundry. Rental rates in the area are around $1200. Actual rents $900 each. All leases expire on Oct 31,2023. Roof is about 15 years old, Ac's about the same age except for one that was replaced last year. All Units have had the same tenants for almost 20 years.
Please do not disturb or talk with the tenants.
We have an FHA appraisal for 515,000.
Sold for $500,000
$500,000
38 W SOUTHERN Avenue #3, Mesa, AZ 85210
6beds
1baths
2,025sqft
Multi Family
Built in 1976
-- sqft lot
$544,800 Zestimate®
$247/sqft
$1,912 Estimated rent
Home value
$544,800
$507,000 - $588,000
$1,912/mo
Zestimate® history
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$1,912/mo
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$2,925/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Karen Ballantyne 480-734-3161,
HomeSmart
Bought with:
Karen Ballantyne, BR543458000
HomeSmart
Source: ARMLS,MLS#: 6591287
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 1
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Free-Standing Range, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Other, Vinyl
Interior area
- Total structure area: 2,025
- Total interior livable area: 2,025 sqft
Property
Parking
- Total spaces: 5
- Parking features: Attached, >1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 3
- Uncovered spaces: 2
Lot
- Size: 8,024 Square Feet
- Dimensions: 68 x 118
Details
- Parcel number: 13945074A
- Zoning: RM-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
Condition
- Year built: 1976
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: BEALL PARK 2
Location
- Region: Mesa
Financial & listing details
- Price per square foot: $247/sqft
- Annual tax amount: $755
- Date on market: 8/4/2025
- Cumulative days on market: 112 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2023 | Sold | $500,000-2%$247/sqft |
Source:  ARMLS #6591287 Report a problem | ||
| 11/2/2023 | Contingent | $510,000$252/sqft |
Source:  HomeSmart #6591287 Report a problem | ||
| 10/11/2023 | Price change | $510,000-1%$252/sqft |
Source: ARMLS #6591287 Report a problem | ||
| 9/24/2023 | Price change | $515,000+1%$254/sqft |
Source: ARMLS #6591287 Report a problem | ||
| 9/1/2023 | Pending sale | $510,000$252/sqft |
Source: HomeSmart #6591287 Report a problem | ||
| 8/16/2023 | Price change | $510,000-7.3%$252/sqft |
Source: ARMLS #6591287 Report a problem | ||
| 8/11/2023 | Listed for sale | $550,000$272/sqft |
Source: ARMLS #6591287 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 85210
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Nearby schools
GreatSchools rating
- 5/10Lincoln Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 3/10Rhodes Junior High SchoolGrades: 7-9Distance: 2.4 mi
- 4/10Dobson High SchoolGrades: 9-12Distance: 3 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
$544,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$544,800
- Arizona
- Maricopa County
- Mesa
- 85210
- 38 W SOUTHERN Avenue Unit 3
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