225 W 1ST Avenue 1-4, Mesa, AZ 85210
$699,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$699,000
Last Modified:
5/18/2026
Overview
Description
Listing Details MLS# 7028075
Location, Tax & Legal
- House Number
- 225
- Compass
- W
- Street Name
- 1ST
- St Suffix
- Avenue
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85210
- Zip4
- 1300
- Country
- US
- County Code
- Maricopa
- Subdivision
- RIGGS TRACT
- Assessor Number
- 138-53-049
- Tax Year
- 2025
- Unit #
- 1-4
- Assessor's Map #
- 53
- Legal Description (Abbrev)
- LOT 1 RIGGS TRACT MCR 002818
- Assessor's Parcel #
- 49
- Add'l Parcels
- No
- Tax Municipality
- Mesa
- Census Tract
- 421400
- Taxes
- 1238
- Legal
- LOT 1 RIGGS TRACT MCR 002818
- Marketing Name
- 1st ave fourplex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 6,234
- Year Built
- 1947
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- Commercial
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
- Elementary School
- Lowell Elementary School
- Jr. High School
- Kino Junior High School
- High School
- Dobson High School
Remarks Misc
- Cross Street
- Country Club and Main st
- Directions
- North on Country club and right on 1st AVE to property on your right. Corner lot.
Legal Info
- Township
- 1N
- Range
- 5E
- Section
- 22
- Lot Number
- Yes
Income Expenses
- Gross Annual Sch Inc
- 66600
- Net Operating Income
- 54600
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 2
- Avg Rent
- 1700
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- Yes
- Avg Rent
- 1350
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 1000
- # Baths
- Yes
4 Bedrooms Units
- Avg Rent
- 1500
Project Type
- Four Plex
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Stucco
- Yes
Roofing
- Rolled
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 1238
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 66600
Pmt & Rate Info
- Cap Rate
- 8.4
- Equity
- 650000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
Cooling
- Electric
- Yes
Exterior Amenities
- Sidewalk(s)
- Yes
Tenant Pays
- None
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- On Street
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Electric
- Yes
- Trash Collection
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Wood Frame
Const - Finish:
Stucco
Roofing:
Rolled
Floors:
Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Sidewalk(s)
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Heat Pump
Cooling:
Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
None
Parking Features:
On Street
Road Surface Type:
Asphalt
Owner Pays:
Water; Electric; Trash Collection
Tenant Pays:
None
Source of Fincl Data:
Owner
Showing Notification Methods:
Text
Lockbox Type:
None
New Financing:
Cash; Conventional
Environmental:
None
Listing Office:
HomeSmart
Last Updated: May - 18 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
