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Sold for $680,000
  • $680,000

    6325 E AVALON Street #1-4, Mesa, AZ 85205

    8beds
    4baths
    3,460sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $681,700 Zestimate®
    $197/sqft
    $1,370 Estimated rent

    Home value

    $681,700

    $620,000 - $743,000

    $1,370/mo

    Zestimate® history
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    $3,107/mo

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    What's special

    Well-maintained single-levelPrivate yardsCentral air conditioning
    Four on Avalon, a well-maintained single-level, garden-style multifamily asset located in the thriving Mesa submarket. Built in 1984 and zoned R-4, the property consists of four large 2-bedroom / 1-bath units (approximately 864 SF each), each featuring in-unit washer/dryer, refrigerator & dishwasher! Private yards, and central air conditioning—highly desirable amenities that enhance tenant retention and rental demand. Currently operating at 100% occupancy with rents well below market, the asset offers substantial value-add potential through rent optimization (market achievable: $1,250-$1,350 per unit) and optional repositioning for higher and better use. The property's single-story design contributes to lower operating costs, reduced maintenance, and minimal turnover, (continued) making it ideal for investors seeking stable, long-term cash flow with future development upside. Investment Highlights Unit Mix: Four (4) × 2-Bedroom / 1-Bath units, ±864 SF each Building Size: ±3,456 SF | Year Built: 1984 Zoning: R-4 - Allows for multifamily density increases Amenities: In-unit W/D hookups, private yards, central A/C Occupancy: 100% | Current rents significantly below market Upside: Potential 20%+ rent growth and redevelopment options Location Overview Situated in Mesa, Arizona, one of the fastest-growing cities in the Phoenix Metro, Four on Avalon benefits from a strategic location with strong economic drivers, robust population growth, and an expanding employment base. Residents enjoy proximity to The Hub Grill and Bar, Superstition Springs Center, Mesa Arts Center, and Mesa Historical Museum, as well as outdoor recreation at Red Mountain Park and Usery Mountain Regional Park. The property offers excellent transportation connectivity with direct access to major freeways and is less than 15 minutes from Phoenix-Mesa Gateway Airport, ensuring ongoing demand and long-term appreciation potential. All facts and figures are approximate buyer verify information

    Zillow last checked:

    Listing updated:

    Listed by:

    Sophia J Willets 561-269-9525,

    Grace CRE,

    Garrett Pedicini 602-791-9497,

    Grace CRE

    Bought with:

    Ryan J Goodman, SA583191000

    HomeSmart

    Source: ARMLS,MLS#: 6905416MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
    • Laundry: W/D Hookup
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 3,460
    • Total interior livable area: 3,460 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved, <1 Space Per Unit
    • Uncovered spaces: 8
    Lot
    • Size: 9,000 Square Feet
    • Dimensions: 60 x 150
    Details
    • Parcel number: 14160014
    • Zoning: C4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco
    • Roof: Composition
    Condition
    • Year built: 1984

    Utilities & green energy

    • Electric: SRP, Individual Meter
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: GRANITE REEF VISTA UNIT NO 1
    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $197/sqft
    • Annual tax amount: $1,135
    • Date on market: 10/4/2025
    • Cumulative days on market: 119 days
    • Listing terms: Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    12/26/2025Sold$680,000-2.2%$197/sqft
    Source: ARMLS #6905416 Report a problem
    12/10/2025Pending sale$695,000$201/sqft
    Source: ARMLS #6905416 Report a problem
    10/20/2025Price change$695,000-3.5%$201/sqft
    Source: ARMLS #6905416 Report a problem
    9/29/2025Price change$720,000-7.1%$208/sqft
    Source: ARMLS #6905416 Report a problem
    8/13/2025Listed for sale$775,000+487.1%$224/sqft
    Source: ARMLS #6905416 Report a problem
    7/30/2010Sold$132,000$38/sqft
    Source: ARMLS #4406438 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 85205

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Salk Elementary School
    • Middle: Fremont Junior High School
    • 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
    $681,700
    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
    $681,700