Stewart Ray

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Listing provided courtesy of Tradelands Realty- MLS# 7011586MLS Provider

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

Multi-Family
$694,900 Active

5816 E ALBANY Street #1-4 Overview

Time on Site:
81 days
Visits:
0

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!

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5816 E ALBANY Street #1-4 Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Mesa Unified District

Income/Expenses

  • Other Expense: 930.0
  • Gardener Expense: 1500.0
  • Gross Income: 55632.0
  • Gross Scheduled Income: 55632.0
  • Insurance Expense: 2400.0
  • Maintenance Expense: 2000.0
  • Net Operating Income: 44272.0
  • Operating Expense: 11360.0
  • Trash Expense: 1200.0
  • Water Sewer Expense: 2400.0

Building Information

  • Year Built: 1982

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Mesa
  • Subdivision Name: DREAMLAND VILLA 14
  • Township: 1N

Community/Development

  • Community Features: See Remarks

Tax Information

  • Tax Annual Amount: $930.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: CTL,Conventional,1031 Exchange,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 141-49-405-F
  • Property Type: Multiple Dwellings
  • Zoning: X

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP,None
  • Flooring: Carpet,Ceramic Tile

Unit Information

  • Unit Number: 1-4

Exterior

Parking Information

  • Parking Features: Paved,\u003c1 Space Per Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: .25 ACRES
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

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

General Information

  • Covered Spaces: 4.0
  • Number Of Units Total: 4
  • Sewer: Private Sewer

5816 E ALBANY Street #1-4 Neighborhood

Community

85205 (Mesa) Demographics

49
Median Age
4,503
Population Density (per sq. mile)
38%
College Educated
$57,850
Estimated Median Income
12,802
Estimated Total Home Owners
5,502
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
2
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.

5816 E ALBANY Street #1-4 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.

5816 E ALBANY Street #1-4 Market Data

Based on the last 30 days in this zip code

$481,026
Average List Price
$264
Average Price per Square Foot
45
Properties Sold
85
Average Days on Market
188
Properties for Sale
Calculations provided by Reliance Network

5816 E ALBANY Street #1-4 History

Date Event Value Agent
5/19/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$694,900 -0.7%
4/9/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 09, 2026