240 S DORAN Circle, Mesa, AZ 85204
Property image
Property image
SOLD
NOV 26, 2025

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

  • Map ViewExplore the area around 240 S DORAN Circle.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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!
240 S DORAN Circle, Mesa, AZ 85204 is a 8 bedroom, 4 bathroom, 3,136 sqft multi-family in Reed Park, built in 1981. It last sold for $815,000 on Nov 26, 2025 (11% above the $735,000 asking price). It is currently off market. The Trulia Estimate is $812,000, with a rent estimate of $1,396/month.

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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 69

Property Information

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

Price & Status

Price
List Price: $735,000Price Per Sqft: $260/sqft
Status Change & Dates
Off Market Date: Wed Aug 23 2023

Active Status

MLS Status: Closed

Location

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

Building

Building Area
Building Area: 3136 Square Feet

Community

Community Features: No Pool

Lot Information

Lot Area: 10000 sqft

Offer

Listing Terms: Conventional, VA Loan

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Trash Collection, Water, Sewer

Miscellaneous

Mls Number: 6569218

Additional Information

No Pool
Last check for updates: about 22 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

DatePriceEventSource
11/26/2025$815,000Sold
N/A
08/05/2025$850,000Listed For SaleARMLS #6901811
04/28/2025$840,000ListingRemovedARMLS #6521234
12/13/2023ListingRemovedARMLS #6521234
08/23/2023$700,000Sold
ARMLS #6569218
07/12/2023$735,000PriceChange
ARMLS #6569218
07/06/2023$775,000PriceChange
ARMLS #6569218
06/15/2023$799,900Listed For SaleARMLS #6569218
06/10/2023$840,000ListingRemovedARMLS #6521234
02/16/2023$840,000Listed For SaleARMLS #6521234
11/14/2022$790,000ListingRemovedARMLS #6400696
09/26/2022$790,000Listed For SaleARMLS #6400696
07/11/2022$729,999ListingRemovedARMLS #6400696
06/20/2022$729,999PriceChange
ARMLS #6400696
05/16/2022$750,000Listed For SaleARMLS #6400696
07/23/2021$600,000Sold
ARMLS #6245820
07/22/2021$600,000PendingToActiveARMLS #6245820
07/15/2021$600,000PendingARMLS #6245820
06/04/2021$600,000Listed For SaleARMLS #6245820
06/29/2012$151,000Sold
N/A
11/17/2010$85,000Sold
N/A
07/10/2010$80,000ListingRemovedAgent Provided
05/30/2010$80,000Listed For SaleAgent Provided
12/15/2005$300,000Sold
N/A
10/01/2004$220,000Sold
N/A
08/30/2001$159,000Sold
N/A
01/27/1999$129,900Sold
N/A
06/13/1996$98,000Sold
N/A

Market trends in Mesa

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$431K
$1.7K
MoM
Sale-to-List Price
98.8%
0.2%
MoM
Price per sq ft
$259
$2
MoM
Available listings
2004
77
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
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.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 240 S DORAN Circle.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 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.
  • 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

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 240 S DORAN Circle

Skip to last item
Skip to first item

Off Market Homes Near 240 S DORAN Circle

Skip to last item
Skip to first item