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$680,000
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Property Description
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
Full Property Details
Full Property Details for 6325 E Avalon St #1-4
General
- Sold For: $680,000
- HOA FEE: $3,577
- Taxes: $1,135 (2024)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6905416
- Added to Site: 155 day(s) ago
Interior
- Appliances: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Ceramic Tile
Parking
- Parking Features: Paved, <1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: GRANITE REEF VISTA UNIT NO 1
- Cross Streets: Power & Main
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition
- Year Built: 1984
Lot Features
- Lot Dimensions: 60 x 150
- Zoning: C4
Financial Considerations
- Maint. Fee/Month: $3,577
- Tax Amount: $1,135
- Tax Year: 2024
- Terms: Conventional, FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: GRANITE REEF VISTA 1
- Property ID: 141-60-014
- Range: 6E
- Section: 24
- Lot Number: 14
Listed by Grace CRE
Sold by HomeSmart
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Schools
Schools serving 6325 E Avalon St #1-4
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Salk Elementary School 7029 East Brown Road, Mesa, AZ 85207 | PK-6 | 1.6 mi |
Fremont Junior High School 1001 North Power Road, Mesa, AZ 85205 | 7-8 | 1.3 mi |
Red Mountain High School 7301 East Brown Road, Mesa, AZ 85207 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6325 E Avalon St #1-4
Date
Details
Price
Change
Source
12/26/2025
Sold
$680,000
-2.16%
MLS
10/20/2025
Price Reduced
$695,000
-3.47%
MLS
9/29/2025
Price Reduced
$720,000
-7.1%
MLS
8/13/2025
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6325 E Avalon Street #1-4, Mesa, AZ 85205 (MLS# 6905416) is a Multi-Family property that was sold at $680,000 on December 26, 2025. Want to learn more about 6325 E Avalon Street #1-4? Do you have questions about finding other Multi-Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

