5816 E ALBANY Street 1-4, Mesa, AZ 85205 (MLS# 7011586)

5816 E ALBANY Street 1-4, Mesa, AZ 85205

$699,900
Property Type: Multiple Dwellings Status: Active
Current Price: $699,900 Last Modified: 4/09/2026

Overview

Description

Amazing 4 plex opportunity in East Mesa!!! 4 plex is located in a 55+ community!!! The property has always stayed occupied. Unit was built in 1982 with excellent workmanship. Very Low expenses year after year as this is a solid well built property. This is a value ad opportunity with Room for rents to increase. Come make us an offer and make this your next investment today!

Listing Details MLS# 7011586

Location, Tax & Legal

House Number
5816
Compass
E
Street Name
ALBANY
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
8870
County Code
Maricopa
Subdivision
DREAMLAND VILLA 14
Assessor Number
141-49-405-F
Tax Year
2025
Unit #
1-4
Assessor's Map #
49
Legal Description (Abbrev)
DREAMLAND VILLA UNIT 14 MCR 132-30 E 121F OF TR A EX S 106.92F
Assessor's Parcel #
405
Assessor Parcel Ltr
F
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
420214
Taxes
930
Legal
DREAMLAND VILLA UNIT 14 MCR 132-30 E 121F OF TR A EX S 106.92F
Marketing Name
NA

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
.25 ACRES
Year Built
1982
Total # of Units
4
# of Buildings
Yes
Zoning
X
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
RECKER AND MAIN ST
Directions
USE GPS

Legal Info

Township
1N
Range
6E
Section
23

Income Expenses

Gross Annual Sch Inc
55632
Net Operating Income
44272

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
1200
Avg SqFt
700
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1200
Avg SqFt
900
# Baths
Yes

Contact Info

List Agent Home Phn
602-228-1941

Project Type

Four Plex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
2400
Annual Land Lse Exp
0
Annual Landscape Exp
1500
Annual Legal & Acctg
0
Annual Maint Exp
2000
Annual Mgmt Exp
0
Annual Trash Exp
1200
Annual Wtr/Swr Exp
2400
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
930
Operating Exp
11360
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
55632

Pmt & Rate Info

Cap Rate
6.33
Down Payment
0
Equity
699900
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

See Remarks
Yes

Heating

Heat Pump
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Exterior Amenities

Other (See Remarks)
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Built-In Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Private
Yes

Parking Features

<1 Space Per Unit
Yes
Paved
Yes

Electric

SRP
Yes
None
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Cash to Loan
Yes
VA
Yes
Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: See Remarks Exterior Amenities: Other (See Remarks) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Built-In Range; Refrigerator; W/D Hookup Heating: Heat Pump Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Private Electric: SRP; None Gas: None Parking Features: <1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Cash to Loan; VA; Conventional; 1031 Exchange Environmental: None
Listing Office: Tradelands Realty
IDX
Last Updated: April - 09 - 2026
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