6325 E Avalon St - Multi-Family FOR SALE


Mesa, AZ 85205- Central Mesa
$775,000 USD
561-269-9525
6325 E Avalon St, Mesa, AZ for Sale
$775,000 USD
Multi-Family - FOR SALE
1/40
null | 3.77% Cap Rate

6325 E Avalon St
Mesa, AZ 85205
Central Mesa


OVERVIEW

Four on Avalon 6325 E Avalon St | Mesa, AZ 85205 Multifamily Investment Offering Grace Commercial Real Estate is pleased to present 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, 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

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$224 USD /SF

# OF UNITS

4

PRICE/UNIT

$193,750

CAP RATE

3.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Four At Avalon

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,012 SF

ZONING

M-H

APN/PARCEL ID

141-60-014

ASK ABOUT THIS PROPERTY

Sophia WilletsGRACE CREMore Info
561-269-9525

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Sophia WilletsGRACE CREMore Info
561-269-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.