6049 E ALBANY Street Mesa, AZ ^$ 470,000

6049 E ALBANY Street

^$ 470,000

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6049 E ALBANY Street

Mesa, AZ, 85205

^$ 470,000

Studio Baths0.0

Monthly Estimate*

^$ 2,932

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Studio

Multi-Family Home for sale in Mesa, AZ

for $470,000. This home was built in 1971.

Excellent investment opportunity in a popular senior retirement community. Phoenix is a top choice for baby boomers, the nation's largest demographic, driving long-term demand in 55+ communities. This well-maintained duplex offers a solid 7.24% CAP rate with future rent growth and value-add potential. Each spacious unit features 2 beds, 2 baths, 954 sq ft, carport parking, and private front & back patios. Major upgrades include a new roof (2022), new AC and water heaters (2024), and one fully renovated unit (2024). Residents may opt in to enjoy the community's amenities and activities. No HOA for owner. Don't miss this turnkey asset with upside in a high-demand rental market and upside in a desirable Mesa location!

Multi-Family Active

Price

^$ 470,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 962

Style

Multiple Dwellings

Year Built

1971

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6908870

Features

General

Sewer Public Sewer

Heating ENERGY STAR Qualified Equipment Heat Pump Electric

Cooling Central Air Ceiling Fan(s) ENERGY STAR Qualified Equipment Electric

Roof Composition

Zoning R-4

Construction Materials Stucco Block

Year Built 1971

Electric APS

Township 1N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 38304.0

Community Features Other See Remarks

County Maricopa

Net Operating Income 34018.0

Operating Expense 6409.0

Insurance Expense 1162.0

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 2665.0

Subdivision Name DREAMLAND VILLA 14

Garage Y/N N

Status Active

City Mesa

Disclosures None

High School District Mesa Unified District

Open Parking Spaces 6.0

Number Of Units Total 2

Carport Y/N N

Tax Annual Amount 962.0

Electric Expense 0.0

Trash Expense 0.0

Water Sewer Expense 1620.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Mesa Unified District

Tax Lot 18

Cap Rate 7.24

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Carpet Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved Add'l Parking Avail On Street Carport

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 90' * 94'

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 6049

* Excluded Features

List By

Fathom Realty

Broker

mrsflower.iw.2015@gmail.com

Affordability Calculator

$3,012

Per Month

Monthly Principal & Interest: $2,932
Monthly Property Taxes: $80
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Mesa, AZ

Average List Price ^$884,533

Percent of Sale Price 88%

About Mesa, AZ

497,111 Population

24% Since 2002

^$51,369 Median Income

36.48 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327115 Elementary School

4327715 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/21/2025	$470,000		Listed Price

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6049 E ALBANY Street, Mesa, AZ, 85205 is a Multi-Family Home for sale at $470,000. 6049 E ALBANY Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 85205 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/26/2025.

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6049 E ALBANY Street

Multi-Family Home for sale in Mesa, AZ

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