Performing 4plex with 7.8% CAP Rate in the heart of Mesa close to schools, shopping and more. Lovingly updated with quartz look counters, white shaker cabinets and wood look flooring, these freshly painted units have plenty of parking and backyards.
The dwelling mix includes 4 updated units with: 1/1, 2/1, 3/1, 4/2.5 which are fully tenanted. Artificial turf for easy maintenance. Newer roofs and AC units.
Drive by only, do not disturb tenants.
Sold for $1,010,000
$1,010,000
936 W Rio Salado Parkway, Mesa, AZ 85201
10beds
5baths
5,306sqft
Multi Family
Built in 1961
-- sqft lot
$1,008,100 Zestimate®
$190/sqft
$1,483 Estimated rent
Home value
$1,008,100
$927,000 - $1.09M
$1,483/mo
Zestimate® history
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$5,832/mo
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Zillow last checked:
Listing updated:
Listed by:
Jennifer S Nelson 602-684-0199,
AZ Brokerage Holdings, LLC,
Brittany Sauncy 480-678-9393,
AZ Brokerage Holdings, LLC
Bought with:
James Wexler, BR558910000
Jason Mitchell Real Estate
Source: ARMLS,MLS#: 6705805
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Electric, Ceiling
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Built-In Range, Dishwasher, Refrigerator, Microwave
Features
- Flooring: Other, Carpet, Vinyl
Interior area
- Total structure area: 5,306
- Total interior livable area: 5,306 sqft
Property
Parking
- Total spaces: 9
- Parking features: Add'l Parking Avail, 1 Space/Unit, Carport
- Has carport: Yes
- Covered spaces: 6
- Uncovered spaces: 3
Lot
- Size: 4,120 Square Feet
- Dimensions: 40 x 103
Details
- Parcel number: 13522056B
- Zoning: RM-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Individual Meter, City Franchise
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: No Pool
Location
- Region: Mesa
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $763,000
- Annual tax amount: $1,679
- Date on market: 5/20/2024
- Cumulative days on market: 77 days
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2024 | Sold | $1,010,000-3.8%$190/sqft |
Source:  ARMLS #6705805 Report a problem | ||
| 5/20/2024 | Listed for sale | $1,050,000+150.6%$198/sqft |
Source: ARMLS #6705805 Report a problem | ||
| 10/5/2018 | Sold | $419,000-0.2%$79/sqft |
Source: ARMLS #5804143 Report a problem | ||
| 9/4/2018 | Price change | $419,900-1.2%$79/sqft |
Source: Metropolitan Land Co #5804143 Report a problem | ||
| 8/8/2018 | Listed for sale | $425,000+39.3%$80/sqft |
Source: Metropolitan Land Co #5804143 Report a problem | ||
| 6/28/2018 | Sold | $305,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,665 +0.5% | $76,300 +2.5% |
| 2024 | $1,657 -0.8% | $74,430 +383.7% |
| 2023 | $1,671 +1.6% | $15,389 -63.8% |
| 2022 | $1,644 +0.1% | $42,500 +18% |
| 2021 | $1,643 +7% | $36,020 +13.8% |
| 2020 | $1,535 +4.2% | $31,650 +19.2% |
| 2019 | $1,473 | $26,550 +22.6% |
| 2018 | $1,473 +3.1% | $21,650 -1.3% |
| 2017 | $1,429 +8.4% | $21,930 +3.6% |
| 2016 | $1,318 -5.6% | $21,170 +18.4% |
| 2015 | $1,396 | $17,880 +36.7% |
| 2014 | -- | $13,080 +39% |
| 2013 | -- | $9,410 +16.7% |
| 2012 | -- | $8,060 -43.8% |
| 2011 | -- | $14,350 -19.9% |
| 2010 | -- | $17,910 -37.3% |
| 2009 | -- | $28,550 -14.8% |
| 2008 | -- | $33,520 +17.2% |
| 2007 | -- | $28,600 +49% |
| 2006 | -- | $19,200 |
| 2005 | -- | $19,200 +11% |
| 2004 | -- | $17,300 |
| 2003 | -- | $17,300 +19.3% |
| 2002 | -- | $14,500 |
Find assessor info on the county website
Neighborhood: 85201
Nearby homes
- $--4 bd3 ba2.7k sqft936 W Rio Salado Pkwy APT 1, Mesa, AZ 85201Off Market
- $--2 bd1 ba627 sqft936 W Rio Salado Pkwy APT 3, Mesa, AZ 85201Off Market
- $--2 bd1 ba900 sqft936 W Rio Salado Pkwy UNIT 3-21286866, Mesa, AZ 85201Off Market
- $320,2003 bd1 ba1.6k sqft936 W Rio Salado Pkwy APT 2, Mesa, AZ 85201Off Market
- $481,1005 bd3 ba2.9k sqft946 W Rio Salado Pkwy, Mesa, AZ 85201Off Market
- $574,4004 bd-- ba2.9k sqft946 W 8th St, Mesa, AZ 85201Off Market
- $482,100-- bd-- ba2.2k sqft928 W Rio Salado Pkwy, Mesa, AZ 85201Off Market
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Nearby schools
GreatSchools rating
- 3/10Emerson Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 2/10Carson Junior High SchoolGrades: 7-9Distance: 0.3 mi
- 3/10Westwood High SchoolGrades: 9-12Distance: 0.1 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
$1,008,100
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
$1,008,100
- Arizona
- Maricopa County
- Mesa
- 85201
- 936 W Rio Salado Parkway
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