Fully occupied, highly sought after area in Mesa. Close to 202 freeway and new retail shops. This property boasts (3) two bed two bath (1) two bed one bath. EACH UNIT has its own washer and dryers, balcony or court yard and are all individually metered for both water & power which TENANT PAYS. There are 4 covered parking spots with 4 additional parking spots included. Check out rent rolls and lease expirations where you can ADD REVENUE in the documents tab. All units are in good condition and 1 was recently updated. Strong rental history and great cash flow opportunity with Tenants paying all expenses except property taxes and insurance. Cap rate 6.28
Sold for $845,000
$845,000
5950 E NORLAND Street, Mesa, AZ 85215
8beds
2baths
3,232sqft
Multi Family
Built in 1985
-- sqft lot
$833,100 Zestimate®
$261/sqft
$2,276 Estimated rent
Home value
$833,100
$758,000 - $916,000
$2,276/mo
Zestimate® history
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Balcony or courtyard
Zillow last checked:
Listing updated:
Listed by:
Robert Harris 602-373-2034,
Realty ONE Group
Bought with:
Fredy Pimentel, SA711182000
Top Rock Realty
Source: ARMLS,MLS#: 6837107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
Heating
- Other
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Carpet, Ceramic Tile, Wood
Interior area
- Total structure area: 3,232
- Total interior livable area: 3,232 sqft
Property
Parking
- Total spaces: 8
- Parking features: Free, Carport
- Has carport: Yes
- Covered spaces: 4
- Uncovered spaces: 4
Details
- Parcel number: 14180388
- Zoning: RM-3
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Security: Security Lights
- Subdivision: LOMA VISTA
Location
- Region: Mesa
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $638,300
- Annual tax amount: $2,382
- Date on market: 4/19/2026
- Cumulative days on market: 29 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Sold | $845,000$261/sqft |
Source:  ARMLS #6837107 Report a problem | ||
| 3/18/2025 | Listed for sale | $845,000+12.8%$261/sqft |
Source: ARMLS #6837107 Report a problem | ||
| 11/19/2021 | Sold | $749,000$232/sqft |
Source: ARMLS #6295667 Report a problem | ||
| 10/17/2021 | Contingent | $749,000$232/sqft |
Source: ARMLS #6295667 Report a problem | ||
| 10/15/2021 | Listed for sale | $749,000$232/sqft |
Source: ARMLS #6295667 Report a problem | ||
| 10/7/2021 | Contingent | $749,000$232/sqft |
Source: ARMLS #6295667 Report a problem | ||
| 10/1/2021 | Listed for sale | $749,000+15.2%$232/sqft |
Source: ARMLS #6295667 Report a problem | ||
| 7/26/2021 | Sold | $650,000+227.5%$201/sqft |
Source: Public Record Report a problem | ||
| 3/20/2001 | Sold | $198,500+21.8%$61/sqft |
Source: Public Record Report a problem | ||
| 10/28/1998 | Sold | $163,000+10.1%$50/sqft |
Source: Public Record Report a problem | ||
| 4/28/1997 | Sold | $148,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,382 +0.5% | $63,830 -5% |
| 2024 | $2,371 -0.8% | $67,200 +205.3% |
| 2023 | $2,391 +1.6% | $22,013 -46.4% |
| 2022 | $2,352 +0.1% | $41,100 +9.9% |
| 2021 | $2,350 +7% | $37,410 +13.1% |
| 2020 | $2,195 +4.2% | $33,070 +24.5% |
| 2019 | $2,107 | $26,570 +5% |
| 2018 | $2,107 +3.1% | $25,310 +20.4% |
| 2017 | $2,044 +8.4% | $21,030 +4.1% |
| 2016 | $1,886 +2.2% | $20,200 +9.7% |
| 2015 | $1,845 | $18,420 +19.6% |
| 2014 | -- | $15,400 +19.4% |
| 2013 | -- | $12,900 +0.7% |
| 2012 | -- | $12,810 -12% |
| 2011 | -- | $14,560 -18.3% |
| 2010 | -- | $17,820 -42.8% |
| 2009 | -- | $31,170 -12.5% |
| 2008 | -- | $35,630 +38.1% |
| 2007 | -- | $25,800 +24.6% |
| 2006 | -- | $20,700 |
| 2005 | -- | $20,700 +24% |
| 2004 | -- | $16,700 |
| 2003 | -- | $16,700 +20.1% |
| 2002 | -- | $13,900 |
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: 2.6 mi
- 8/10Bush Elementary SchoolGrades: PK-6Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Bush Elementary
- Middle: Bush Elementary
- High: Red Mountain High School
- 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
$833,100
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
$833,100
- Arizona
- Maricopa County
- Mesa
- 85215
- The Wells
- 5950 E NORLAND Street
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