$580,000

532 S MESA Drive, Mesa, AZ 85210

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Exceptional investment opportunity in a prime Mesa location near Mesa Community College and major freeways. This property features 3 units: one on the lower level, one on the ground level, and one on the upper level, each with its own washer and dryer. All units are tenant-occupied on month-to-month leases at $1,000 per month, with potential to increase rents to $1,300-$1,400 per month per unit. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, transportation, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.

Listing Status:
Active
Date Added:
March 25, 2025 at 05:00AM
Listing Office:
ProSmart Realty : 480-540-2213
Listing Agent:
Saima Gillani : 480-516-2972
MLS ID:
6842303
  • Flooring: Ceramic TileVinyl
  • A/C: ElectricHeat Pump
  • Heating: Electric
  • Parking: AssignedParking spaces: 3
  • Roofing: Composition
  • General: Wood FrameStucco
  • Road/Access: Asphalt
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Mesa Unified District
  • County: Maricopa
  • Zoning: Multi Family13936080E
  • Water: City Franchise
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Saima Gillani, ProSmart Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Holmes Elementary School

948 S Horne, Mesa, AZ, 85204

Grades PK-6

0.71 miles away

K

Kino Junior High School

848 N Horne, Mesa, AZ, 85203

Grades 7-8

1.90 miles away

M

Mesa High School

1630 E Southern Ave, Mesa, AZ, 85204

Grades 9-12

1.73 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.

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