About The Property

Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rentalRead MoreRead Less
Courtesy of Orchard Brokerage
Listing Snapshot
Days Online
61
Last Updated
Property Type
Multiple Dwellings
Year Built
1985
MLS Number
6982461
M. Logan
Top 2% performing AZ broker
Agent profile image

Additional Details

Explore more property details

Appliances & Equipment
"Built-In Range", "Disposal", "Dishwasher", "Refrigerator"
Building
Built in 1985, Construction materials: "Steel Frame", "Painted", 4 total units
Cooling
"Electric", "Individual"
Expenses
Insurance: $1,227, Water sewer: $2,041
Exterior Features
"Sidewalk(s)"
Floors
"Ceramic Tile", "Vinyl"
Heating
"Individual", "Electric"
Parking
"Assigned", ">1 Space Per Unit", "Carport", 8 total parkings
Property
Zoning: C-C
Roof
"Composition"
Sewer
"Sewer-In & Connected", "Public Sewer"
Taxes
Annual amount: $1,501, Lot: M/B
Utilities
"SRP", "Individual Meter"
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
30 Days Snapshot Of 85201
$432k
+24%
(avg) sold price
20
+5%
homes sold
89
-16%
(avg) days on market
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$0

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.