Listing Details:
Listing ID: 6905416
Updated: 8/13/2025 6:55pm
Status | Active/For Sale |
Days On Market | 3 |
Taxes | $1,135.00 |
HOA | $0.00/******** |
Type | N/A |
Open Parking | 8 |
Year Built | 1984 |
Lot Size | 0.00 |
County | Maricopa |
Listed By | Grace CRE |
Description:
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)
School Information:
- Salk Elementary School
- Fremont Junior High School
- Red Mountain High School
Property Location:
Listed By: Grace CRE | Sophia J Willets 561-269-9525 | Garrett Pedicini 602-791-9497
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.