1241 E  3rd Ave, Mesa, AZ 85204
Property image
Property image
OFF MARKET

$798,100

Trulia Estimate
  • Studio
  • 3,080 sqft

1241 E 3rd Ave, Mesa, AZ 85204

Reed Park
Est. Refi. Payment $4,725/mo*
Refinance Your Home
Currently Off Market - Sold Dec 30, 2021 for $750,000

Home Value

Trulia Estimate
$798K
Since last month
Increased$42K (+5.5%)
Since last year
Increased$45K (+6%)
Since last sale
Increased$48K (+6.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +241% in the last 10 years
MonthEstimated value
2026
September 2026$798K
August 2026$756K
July 2026$695K
June 2026$762K
May 2026$730K
April 2026$709K
March 2026$709K
February 2026$756K
January 2026$691K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Multi-Family Home
$695,000
09/18/26
4
3
2,856
0.83
Multi-Family Home
$747,000
11/10/25
8
4
3,760
0.73
Multi-Family Home
$580,000
12/03/25
4
4
2,080
0.22
Multi-Family Home
$2,100,000
09/17/26
18
10
7,160
0.93
Multi-Family Home
$715,000
06/16/26
6
4
2,100
0.92
Multi-Family Home
$702,500
09/02/26
6
4
2,100
0.93
Multi-Family Home
$680,000
07/31/26
6
4
2,100
0.98
Multi-Family Home
$510,000
02/12/26
6
6
2,367
0.42
Multi-Family Home
$1,260,000
04/22/26
12
5
5,400
0.88
Multi-Family Home
$430,000
12/12/25
3
2
1,714

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$729,400
8
4
3,680
Off Market
0.13
$408,300
5
2.5
2,134
Off Market
0.16
$388,700
4
2
1,406
Off Market
0.14
$274,100
5
1.5
1,378
Recently Sold
0.16
$383,300
3
2
1,457
Off Market
0.15
$347,300
3
2
1,113
Off Market
0.17
$384,300
3
1
1,418
Off Market
0.18
$368,600
4
2.5
1,700
Off Market
0.12
$1,424,700
16
1
6,400
Off Market
0.17
$535,000
3
1.5
1,113
Recently Sold
0.15
$321,000
3
1
1,210
Off Market
0.14
$447,000
4
3
1,569
Off Market

Local Information

  • Map ViewExplore the area around 1241 E 3rd Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1983
3,080 sqft
$259/sqft

About this House

Great Cash Flow! NO HOA! New roof in 2019. New TRANE HVAC Unit 101 in 2017. Individual electric meters, tenants pay electric. Owner pays water, sewer and trash. Updated in 2016 with new tile, cabinets, granite countertops, new hot water heaters. Additional storage room for each unit includes laundry hookups. All leases are month to month. Rent increases are overdue and can be implemented immediately. Current rents are as follows: Unit 101 $900 Unit 102 $995 Unit 201 $900 Unit 202 $900 Unit 101 and 201 Include washer and dryer.
1241 E 3rd Ave, Mesa, AZ 85204 is a studio, 3,080 sqft multi-family in Reed Park, built in 1983. It last sold for $750,000 on Dec 30, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $798,100, with a rent estimate of $1,280/month.

Home Details for 1241 E 3rd Ave

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: Composite ShingleExterior: Stucco

Property Information

Year Built
Year Built: 1983Year Updated: 1983
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 4

Lot Information

Lot Area: 7916 sqft

Price and Tax history

DateEventPrice
Dec 30, 2021
Source: N/A
Sold
$750,000
Mar 30, 2020
Source: Agent Provided
ListingRemoved
$580,000
Feb 22, 2020
Source: Agent Provided
Listed For Sale
$580,000
Feb 28, 2015
Source: ARMLS #5220532
Sold
$165,000
Jan 9, 2006
Source: ARMLS #2415366
Sold
$342,500

Market trends in Mesa

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$425K
$1.67K
MoM
Sale-to-List Price
98.9%
0.1%
MoM
Price per sq ft
$255
$0
MoM
Available listings
1859
8
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Reed Park

At least 68 Trulia users voted on each feature.
  • 87 % Say there are sidewalks

  • 81 % Say parking is easy

  • 77 % Say it's dog friendly

  • 76 % Say car is needed

  • 76 % Say kids play outside

  • 75 % Say there's holiday spirit

  • 67 % Say streets are well-lit

  • 67 % Say yards are well-kept

  • 58 % Say it's walkable to grocery stores

  • 53 % Say it's walkable to restaurants

  • 49 % Say people would walk alone at night

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 44 % Say it's quiet

  • 22 % Say there are community events

  • 21 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "sometime the local churches have festivities the park sometimes have festivities....and sometimes the stores have very good sales going ons"
  • Trulia User
    "I've lived at Serrano Garden Apartments for almost 3 years. All my neighbors are friendly and are quiet. I feel at home because my neighbors are so nice and caring. My kids enjoy going outside and playing with their friends at out apartment complex or they go to Reed park to skateboard. "
  • Trulia User
    "it's a pet friendly apartments. Reed park is a big park for your dog to run around and get rid of some of their extra energy they have. Owners have issue with cleaning up after themselves "
  • Trulia User
    "Their are many lose dogs I see from time to time. Their are no dog parks very close except one park but it is always crowded and not quiet for a walk with your dog. "
  • Jodi L.
    "There is lots of diversity. People wave and say hi. Crime is up lately. Lots of 420 friendly people. "
  • Mmmmk
    "Make sure you know who your living near... watchdog.. lots of pedos near by. For the most part on the street I live it’s quiet. But there is a lot of druggies around.. and not the nicest area.. "
  • Miguel V.
    "the park is ok but too many cars parked on the sides of the road. I honestly would not live in this neighborhood unless I really had to"
  • Dacosta0470
    "I've lived in Mesa for over 30 years. it is a very family friendly city. Great schools, friendly neighbors and usually a decent price on home sales/rentals."
  • Roc o. P.
    "I've lived in this neighborhood for over 7 years now, I like it a lot, it's close to a recently renovated park and schools and everything around it it's very convenient, lots of stores, museums and art center"
  • Burtfoolish
    "I'm not I'm not sure that this neighbor is unique but it is one of a kind that's how I missed it makes it you need it so I can go shopping for cigarettes all the same area"
  • Dacosta0470
    "my sister has lived in this area for over 20 years now. it is a family neighborhood with plenty of schools."
  • Dacosta0470
    "I grew up in Mesa and lived here for over 20 years. It's a great place to live its quiet for a big city. "

LGBTQ Local Legal Protections

Frequently asked questions about 1241 E 3rd Ave

  • What is 1241 E 3rd Ave estimated to be worth?
    Trulia's estimated value for 1241 E 3rd Ave in Mesa, AZ is $798,100.
  • What is the price history for 1241 E 3rd Ave?
    1241 E 3rd Ave in Mesa, AZ last sold for $750,000 in December 2021.
  • Is Mesa a buyer's or seller's market?
    Mesa is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Mesa?
    The median sale price in Mesa is $425K. That is down $1.67K from the prior month.

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