Listing provided courtesy of HomeSmart- MLS# 6742547MLS Provider

1402 E Dana AvenueMesa, AZ 85204

Multi-Family
$1,999,000 Active

1402 E Dana Avenue Overview

Time on Site:
688 days
Visits:
1

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the 2 houses have 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E and 138-09-059A (one single-family home on its own parcel). Substantial upgrades made in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. 5 of the 6 duplexes have new water heaters. Both single-family homes have new water heaters. Both single-family homes have new roofs w/transferable warranty.

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1402 E Dana Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Mesa Unified District
  • Elementary School: Mesa Academy For Advanced Studies
  • Middle Or Junior School: Mesa Junior High School
  • High School: Mesa High School

Income/Expenses

  • Gross Income: 105500.0
  • Gross Scheduled Income: 105500.0
  • Insurance Expense: 3133.0
  • Net Operating Income: 94506.0
  • Operating Expense: 12956.7
  • Water Sewer Expense: 6761.0

Building Information

  • Year Built: 1966

Location/Region

  • County Or Parish: Maricopa
  • Postal City: Mesa
  • Subdivision Name: LA ZONA ACRES LOTS 1 THRU 14 26 THRU 29 32 THRU 37 TRACTS A & B

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $3,062.70
  • Tax Year: 2023

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: No Carry,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 138-09-060-E
  • Property Type: Multiple Dwellings
  • Zoning: RM-2

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP,Individual Meter
  • Flooring: Ceramic Tile

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Free,\u003c1 Space Per Unit,On Street,Carport

Lot Information

  • Additional Parcels: true
  • Lot Size Dimensions: 31822
  • Number Of Buildings: 5
  • Road Surface Type: Asphalt,Sidewalk(s)
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Painted,Block
  • Roof: Composition

General Information

  • Covered Spaces: 6.0
  • Number Of Units Total: 8
  • Sewer: Public Sewer

1402 E Dana Avenue Neighborhood

Community

85204 (Mesa) Demographics

32
Median Age
7,042
Population Density (per sq. mile)
28%
College Educated
$55,906
Estimated Median Income
13,130
Estimated Total Home Owners
9,839
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1402 E Dana Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1402 E Dana Avenue Market Data

Based on the last 30 days in this zip code

$337,695
Average List Price
$233
Average Price per Square Foot
38
Properties Sold
82
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

1402 E Dana Avenue History

Date Event Value Agent
1/13/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$1,999,000 -8.7%
8/11/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
August 11, 2024