240 S DORAN Circle
Mesa, AZ 85204
Reed Park- 8 Beds
- 4 Baths
- 3,136 sqft
$815,000
Last Sold: Nov 26, 2025
11% over list $735K
$260/sqft
Est. Refi. Payment $4,444/mo*
$815,000
Last Sold: Nov 26, 2025
11% over list $735K
$260/sqft
Est. Refi. Payment $4,444/mo*
8 Beds
4 Baths
3,136 sqft
Local Information
-- mins to
Description
Cash Flowing 4-Plex in Mesa, Arizona - Excellent Investment Opportunity! This property presents an outstanding chance for investors seeking a lucrative income stream. With its ideal location, attractive unit configuration, and strong rental history, this 4-plex is an exceptional addition to any real estate portfolio. Property Features: Each unit offers 2 bedrooms and 1 bathroom; Tenants are responsible for electricity expenses; All units are currently occupied by long-term tenants, ensuring stable cash flow from day one; Rental rates are at or above market levels, reflecting the high demand for housing in the area. Whether you're a seasoned or a first-time investor, Don't miss out on this exceptional investment opportunity!
Home Highlights
Parking
10 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$260/sqft
Listed
180+ days ago
Home Details for 240 S DORAN Circle
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3136 Square Feet |
Appliances & Utilities Appliances: Free-Standing Range, Disposal, RefrigeratorDisposalLaundry: W/D HookupRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: SRPHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Other, Carpet, Vinyl |
Levels, Entrance, & Accessibility Floors: Other, Carpet, Vinyl |
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Exterior Home Features Roof: Composition Built Up |
Parking & Garage Number of Covered Spaces: 6Open Parking Spaces: 10No CarportNo GarageHas Open ParkingParking Spaces: 16Parking: Add'l Parking Avail,>1 Space Per Unit |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 69 |
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Year Built Year Built: 1981 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Stucco |
Property Information Parcel Number: 13814012D |
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Price List Price: $735,000Price Per Sqft: $260/sqft |
Status Change & Dates Off Market Date: Wed Aug 23 2023 |
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MLS Status: Closed |
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Direction & Address City: MesaCommunity: HIBBERT-ALLEN ACRES LOTS 1-4 |
School Information Elementary School: Longfellow Elementary SchoolElementary School District: Mesa Unified DistrictJr High / Middle School: Poston Junior High SchoolHigh School: Mesa High SchoolHigh School District: Mesa Unified District |
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Building Area Building Area: 3136 Square Feet |
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Community Features: No Pool |
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Lot Area: 10000 sqft |
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Listing Terms: Conventional, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: Trash Collection, Water, Sewer |
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Mls Number: 6569218 |
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No Pool |
Last check for updates: about 5 hours ago
Listed by Gordon Hageman, (480) 498-3334
Real Broker
Bought with: Arnold Bedak, (480) 382-5019, Keller Williams Realty Phoenix
Source: ARMLS, MLS#6569218

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 240 S DORAN Circle
| Date | Price | Event | Source |
|---|---|---|---|
| 11/26/2025 | $815,000 | Sold | N/A |
| 08/05/2025 | $850,000 | Listed For Sale | ARMLS #6901811 |
| 04/28/2025 | $840,000 | ListingRemoved | ARMLS #6521234 |
| 12/13/2023 | ListingRemoved | ARMLS #6521234 | |
| 08/23/2023 | $700,000 | Sold | ARMLS #6569218 |
| 07/12/2023 | $735,000 | PriceChange | ARMLS #6569218 |
| 07/06/2023 | $775,000 | PriceChange | ARMLS #6569218 |
| 06/15/2023 | $799,900 | Listed For Sale | ARMLS #6569218 |
| 06/10/2023 | $840,000 | ListingRemoved | ARMLS #6521234 |
| 02/16/2023 | $840,000 | Listed For Sale | ARMLS #6521234 |
| 11/14/2022 | $790,000 | ListingRemoved | ARMLS #6400696 |
| 09/26/2022 | $790,000 | Listed For Sale | ARMLS #6400696 |
| 07/11/2022 | $729,999 | ListingRemoved | ARMLS #6400696 |
| 06/20/2022 | $729,999 | PriceChange | ARMLS #6400696 |
| 05/16/2022 | $750,000 | Listed For Sale | ARMLS #6400696 |
| 07/23/2021 | $600,000 | Sold | ARMLS #6245820 |
| 07/22/2021 | $600,000 | PendingToActive | ARMLS #6245820 |
| 07/15/2021 | $600,000 | Pending | ARMLS #6245820 |
| 06/04/2021 | $600,000 | Listed For Sale | ARMLS #6245820 |
| 06/29/2012 | $151,000 | Sold | N/A |
| 11/17/2010 | $85,000 | Sold | N/A |
| 07/10/2010 | $80,000 | ListingRemoved | Agent Provided |
| 05/30/2010 | $80,000 | Listed For Sale | Agent Provided |
| 12/15/2005 | $300,000 | Sold | N/A |
| 10/01/2004 | $220,000 | Sold | N/A |
| 08/30/2001 | $159,000 | Sold | N/A |
| 01/27/1999 | $129,900 | Sold | N/A |
| 06/13/1996 | $98,000 | Sold | N/A |
Market trends in Mesa
Last updated May 2026
Avg. sale price
$431K
$1.7KMoM
Sale-to-List Price
98.8%
0.2%MoM
Price per sq ft
$259
$2MoM
Available listings
2004
77MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,440 |
| Assessment | $640,800 |
Home facts updated by county records
Comparable Sales for 240 S DORAN Circle
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $449,000 | 09/17/25 | 5 | 2 | 2,100 | |
0.72 | Multi-Family Home | $747,000 | 11/10/25 | 8 | 4 | 3,760 | |
0.31 | Multi-Family Home | $1,260,000 | 04/22/26 | 12 | 5 | 5,400 | |
0.88 | Multi-Family Home | $550,000 | 07/29/25 | 6 | 3 | 2,538 | |
0.98 | Multi-Family Home | $715,000 | 06/16/26 | 6 | 4 | 2,100 | |
0.82 | Multi-Family Home | $580,000 | 12/03/25 | 4 | 4 | 2,080 | |
0.82 | Multi-Family Home | $525,000 | 10/15/25 | 4 | 4 | 2,080 | |
0.61 | Multi-Family Home | $825,000 | 10/23/25 | 8 | 2 | 4,016 | |
1.04 | Multi-Family Home | $510,000 | 02/12/26 | 6 | 6 | 2,367 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 240 S DORAN Circle.
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
78 % 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.
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