- $695k Price
6325 E Avalon Street (unit 1-4)
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
Essential Information
- MLS® #6905416
- Price$695,000
- Acres0.00
- Year Built1984
- TypeMultiple Dwellings
- StatusActive
Community Information
- SubdivisionGRANITE REEF VISTA UNIT NO 1
- CityMesa
- CountyMaricopa
- StateAZ
- Zip Code85205
Address
6325 E Avalon Street (unit 1-4)
Amenities
- AmenitiesNo Pool
- Parking Spaces8
- ParkingPaved, <1 Space Per Unit
Interior
- HeatingElectric
Appliances
Built-In Range, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
Cooling
Central Air, Ceiling Fan(s), Electric
Exterior
- RoofComposition
- ConstructionWood Frame, Painted, Stucco
School Information
- DistrictMesa Unified District
- ElementarySalk Elementary School
- MiddleFremont Junior High School
- HighRed Mountain High School
Additional Information
- ZoningC4
Listing Details
- OfficeGrace CRE
Price Change History for 6325 E Avalon Street (unit 1-4), Mesa, AZ (MLS® #6905416)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $720,000 to $695,000 | ||
| Price Reduced from $775,000 to $720,000 |
Grace CRE.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on November 14th, 2025 at 4:03am MST.