6325 E Avalon Street #1-4, Mesa, AZ 85205
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
6325 E Avalon Street #1-4,Mesa, AZ 85205
$720,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:sophia j willets
Office:grace cre
MLS#:6905416
Source:ARMLS
Price summary
- Price:$720,000
About this home
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
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Home facts
- Year built:1984
- Listing ID #:6905416
- Updated:September 29, 2025 at 06:43 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Electric
- Heating:Electric
Structure and exterior
- Year built:1984
Schools
- High school:Red Mountain High School
- Middle school:Fremont Junior High School
- Elementary school:Salk Elementary School
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$720,000
- Tax amount:$1,135
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