$765,000

1138 E 2ND Street, Mesa, AZ 85203

Multi-Family Home
Built in 1973
—— sqft lot
—— car garage
$——/sqft
Listed 7 months ago

Property Description

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!

Listing Status:: Active
Date Added:: May 5, 2025 at 05:00AM
Listing Office:: Professional Real Estate Negotiators : 480-684-3084
Listing Agent:: Dale Eames : 480-330-3485
MLS ID:: 6861620

Flooring: CarpetCeramic TileVinyl
A/C: Central Air
Heating: OtherSee Remarks

Parking: CarportParking spaces: 6

Roofing: OtherBuilt-UpFoamShake
General: Wood FramePainted

Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Mesa Unified District
County: Maricopa

Zoning: MULTI13820103

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Dale Eames, Professional Real Estate Negotiators

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Edison Elementary School

545 N Horne, Mesa, AZ, 85203

Grades PK-6

0.60 miles away

Kino Junior High School

848 N Horne, Mesa, AZ, 85203

Grades 7-8

0.99 miles away

Mesa High School

1630 E Southern Ave, Mesa, AZ, 85204

Grades 9-12

1.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.