Mesa, AZ Homes for Sale
$715,000
8 Beds ⋅ 4 Baths ⋅ 7068450 MLS
Remodeled fourplex in a prime Mesa location! Each unit features updated finishes, refreshed interiors designed for comfort and durability. This turnkey investment offers strong rental appeal with minimal maintenance, making it an excellent opportunity for both new and seasoned investors. Conveniently located near shopping, dining, and major commuter routes. There is a laundry room used by all four units. Also a storage room. See document tab for HOA and rent roll. PLEASE DRIVE BY ONLY. DO NOT DISTURB TENANTS.

2650 E Mckellips Road Unit 241, Mesa

Courtesy of DeLex Realty. 602-910-3002

$665,000
8 Beds ⋅ 4 Baths ⋅ 7068242 MLS
Public Remarks: GREAT INVESTMENT OPPORTUNITY IN MESA. NICE 4-PLEX IN A CONVENIENCE LOCATION. 2BEDS, 1BATH IN EACH UNIT. FULLY RENTED, LAUNDRY AVAILABLE ONSITE FOR EXTRA INCOME. DRIVE BY ONLY! PLEASE DO NOT DISTURB TENANTS!

2126 E Broadway Road, Mesa

Courtesy of Affinity Home Assets LLC. 480-382-7183

$675,000
6 Beds ⋅ 4 Baths ⋅ 7066921 MLS
Great opportunity to own an income producing 4 plex in Mesa. Two one bed/one bath apartments and two 2bed/one bath apartments. Building has new exterior paint. This building does share a common area courtyard with 1540 E Broadway Rd and they need to be bought together. Unit D tenant has been there just over a year the other 3 tenants are all long term. Units have not been remodeled and could use some TLC.

1546 E Broadway Road, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$900,000
8 Beds ⋅ 4 Baths ⋅ 7064367 MLS
Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots. The current rents are: Unit 1: $1,530 (long term tenant 10+ years) Unit 2: $1,550 (lease ends Sept 30, 2027) Unit 3: $1,530 (long term tenant 10+ years) Unit 4: $1,650 (lease through Jun 30, 2027)) Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. Last repair on the roof was 7/2026. Fresh exterior paint 10/2024 Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026 Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025. Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025, a new water heater in 6/2026. Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026. Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

457 E 9th Avenue, Mesa

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$690,000
8 Beds ⋅ 4 Baths ⋅ 7063725 MLS
TURN-KEY INVESTOR SPECIAL IN THE HEART OF DOWNTOWN MESA!!! All 2 bd/1bth units. 3 units are currently occupied. All units have been remodeled. Sold 'as is.' Listing info to be verified by buyer. Walking distance from light rail, shopping, entertainment, freeway access.

50 N May --, Mesa

Courtesy of AZ Pro Realty. 480-518-4282

$490,000
4 Beds ⋅ 16 Baths ⋅ 7058308 MLS
Investor opportunity in the desirable 55+ community of Dreamland Villas! This fourplex offers four 1-bedroom, 1-bathroom units, each featuring a private covered back patio and an assigned covered carport parking space. Two units are currently tenant occupied, providing immediate rental income, while two vacant units offer the flexibility to renovate and lease at current market rates or place your own tenants. The property has been occupied by long-term tenants and presents an excellent value-add opportunity for investors looking to make cosmetic updates and increase rental potential. Located in a well-established community with an optional HOA that provides access to amenities including a pool, pickleball, shuffleboard, and a variety of social activities.

6035 E Covina Road, Mesa

Courtesy of Berkshire Hathaway HomeServices Arizona Properties. 480-505-6300 Selling Office: My Home Group Real Estate.

$1,499,900
12 Beds ⋅ 12 Baths ⋅ 7053038 MLS
NEWLY BUILT investment 4-plex located in the NEW Community of Balboa Village in East Mesa, it offers 3 beds & 2 baths + powder room. The inviting interior features tons of natural light, 10' & 9' tall ceilings, a neutral palette, wood-look tile flooring downstairs, & plush carpet upstairs. You'll love the seamlessly flowing open layout! The impressive kitchen boasts SS appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry w/crown molding, and an island w/breakfast bar. The main bedroom is downstairs, featuring its own outdoor access & an ensuite with dual sinks & a walk-in closet. The large secondary bedrooms are upstairs, along with a shared full bathroom. PLUS! This gem comes with an attached 1-car garage w/driveway for additional parking!

8232 E University Drive, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675

$675,000
8 Beds ⋅ 4 Baths ⋅ 7040102 MLS
Fantastic investment opportunity in Central Mesa. This 4plex features all 2 bed 1 bath units with long term tenants already in place. Current rents are below market but all 4 tenants are on month to month leases, so increasing rents is possible with 30 day notices. All facts and figures approximate, buyer to verify to their satisfaction.

2216 E Broadway Road, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$695,000
4 Beds ⋅ 4 Baths ⋅ 7018183 MLS
Turn-key investment opportunity! This fully renovated 4-unit property (2 duplexes on 2 parcels) features spacious 1-bed/1-bath units with open floor plans, premium finishes, and HUGE private patios. Each unit includes quartz countertops, stainless steel appliances, shaker cabinets, modern flooring, and updated HVAC, roofs, windows, plumbing, and electrical. Sitting on a large 16,089 SF lot with ample parking, just 1/4 mile from Mesa Light Rail. All four units are occupied. Property management in place. Drive by only. Do not disturb tenants.

211 S Doran --, Mesa

Courtesy of AZ Dream Homes. 480-256-2262 Selling Office: Wright Realty Group.

$699,000
8 Beds ⋅ 4 Baths ⋅ 7012894 MLS
**WELL-MAINTAINED, TURN-KEY** 4-Plex with NO HOA is located in a HIGH-DEMAND, QUITE Mesa neighborhood~The property is PROFESSIONALLY-MANAGED, has LONG-TERM Tenants, resulting in LOW vacancy-rates and REDUCED operating-expenses~ALL (4) units are 2 bed/1 bath, and are individually-metered for electricity~LINEAR parking provides, TWO vehicle-spaces per unit~The ground-floor units include PRIVATE-ENCLOSED yard-areas, two units are FULLY-REMODELED and the other two are UPDATED~The property location offers Tenants a suburban-feel with convenient access to modern amenities such as - Mesa Riverview, Mesa Grand , Superstition Springs and Tempe Marketplace - Westwood High School, Mesa Community College and ASU - Tempe Campus are also nearby~ 101 and 202 interchange, Phoenix Sky Harbor, Mesa Gateway airports, are all close, for easy commuting and traveling~Long-term Tenants have rents "relatively below-market," creating a potential opportunity for value-enhancement in a submarket where renovated and updated units are leasing for OVER $1,375 to $1,500

834 N Cherry -- Unit 1, Mesa

Courtesy of CTS Realty. 602-795-0341 Selling Office: The Valley of the Sun Realty LLC.

$684,900
6 Beds ⋅ 4 Baths ⋅ 7011586 MLS
Amazing 4 plex opportunity in East Mesa!!! 4 plex is located in a 55+ community!!! The property has always stayed occupied. Unit was built in 1982 with excellent workmanship. Very Low expenses year after year as this is a solid well built property. This is a value ad opportunity with Room for rents to increase. Come make us an offer and make this your next investment today!

5816 E Albany Street Unit 1-4, Mesa

Courtesy of Tradelands Realty. 480-610-6833

$760,000
7002414 MLS
Fully lease, stabilized and profesionally manged fourplex at 816 N Revere delivering immediate cash flow with strong, in place income. Current gross rents of $5,500 are supported by long term tenants and sustainable market rents, making this a turnkey investment with both stability and upside potential. The property offers a highly desirable unit mix featuring one 3 bedroom 2 bathroom unit with a 1 car garage and three 2 bedroom 2 bathroom units. All units include in unit washer and dryer and offer spacious, functional floor plans that enhance tenant retention and overall rental appeal. Recent upgrades have already been completed, including new LVP flooring, updated kitchens with quartz countertops, along with exterior improvements such as fresh paint and enhanced landscaping. This provide a clean, modern asset with minimal immediate capital expenditures. Centrally located in the heart of Mesa with quick access to Loop 202 and Loop 101, and just minutes from Tempe and Mesa Riverview, the property benefits from strong rental demand and excellent accessibility. Turnkey, fully leased, and built for performance, this is a rare opportunity to acquire a well maintained fourplex with proven income, quality tenants, and long term investment strength.

816 N Revere --, Mesa

Courtesy of Lotus Real Estate. 602-773-1259 Selling Office: Russ Lyon Sotheby's International Realty.

$685,000
7000701 MLS
Stabilized, turnkey 4-plex offering immediate cash flow. Recent upgrades include a brand-new roof with transferable warranty, five new water heaters, renovated units and fresh exterior paint, minimizing near-term maintenance. The property is 100% occupied. Ideal for investors seeking a low-maintenance, professionally managed asset.

82 W Southern Avenue, Mesa

Courtesy of Go Win Property Management. 480-400-2920 Selling Office: DPR Realty LLC.

$669,000
8 Beds ⋅ 4 Baths ⋅ 7000699 MLS
Stabilized, turnkey 4-plex offering immediate cash flow. Recent upgrades include a brand-new roof with transferable warranty, fresh exterior paint, renovated units and landscaping. The property is 100% occupied. Ideal for investors seeking a low-maintenance, professionally managed asset.

72 W Southern Avenue, Mesa

Courtesy of Go Win Property Management. 480-400-2920

$715,000
6995806 MLS
3142 E Cicero St is a 4-unit garden-style property, constructed in 1984. It features a desirable unit mix of 100% 2-bed/1-bath apartments, each offering 880 square feet of living space. Units have been upgraded and modernized to include new flooring, cabinets, countertops, appliances, and other interior enhancements. Each apartment also benefits from an individual laundry room with a full-size washer and dryer. The property includes ample on-site parking and is individually metered for electricity. Additional capital improvements include a brand-new roof installed in 2025 & new AC's and water heaters in 2019. Located in the rapidly growing Mesa submarket, with close proximity to major healthcare employers, multiple university campuses, and various shopping, dining & entertainment options.

3142 E Cicero Street, Mesa

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: ABI Multifamily.

$700,000
6974058 MLS
Strong income potential in Mesa! This well-maintained property offers four spacious 2-bedroom, 2-bath units with tenant friendly layouts that are easy to rent and easy to manage. Pride of ownership shines throughout, supporting consistent rental demand. Located in an established, high-demand Mesa neighborhood near shopping, dining, parks, and freeways. An opportunity to add a reliable, income-producing property to your portfolio!

3050 E Cicero Street, Mesa

Courtesy of The Brokery. tim@thebrokery.com Selling Office: ATLAS AZ, LLC.

$660,000
6974054 MLS
IGNORE DAYS ON MARKET, BUYER COULD NOT PERFORM!! BRAND NEW ROOF 3/3/26. No HOA. Charming, well-maintained four-plex nestled in a desirable Mesa 85203 neighborhood. Each unit offers a comfortable 2-bedroom, 1-bath layout and the property is fully tenant occupied, providing immediate rental income. Pride of ownership shines throughout with consistent care and thoughtful maintenance. Located near local shops, dining, schools, and easy freeway access, this is a wonderful opportunity to own a solid multifamily asset in an established, high-demand area.

2020 N Hunt Circle, Mesa

Courtesy of The Brokery. tim@thebrokery.com Selling Office: Desert River Realty.

$1,349,990
12 Beds ⋅ 48 Baths ⋅ 6967157 MLS
AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

8232 E University Drive, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675 Selling Office: Balboa Realty, LLC.

$1,349,990
12 Beds ⋅ 48 Baths ⋅ 6967139 MLS
AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

8232 E University Drive, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675 Selling Office: Balboa Realty, LLC.

$1,499,900
12 Beds ⋅ 12 Baths ⋅ 6967134 MLS
AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

8232 E University Drive, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675

$835,000
6966306 MLS
**WELL-MAINTAINED** 4-Plex is located in the HEART of Central-Mesa's multi-family market~The Sun Gardens Community was originally built-in 1980 & is a TURN-KEY, EXCEPTIONAL Investment Opportunity~Tenants enjoy, UPDATED/REMODELED units w/PRIVATE-YARD areas, GARAGE parking & (3) units have washer/dryer~The property has a UNIQUE-MIX of (3) LARGE 2/1.5 bath units w/(2) being TOWNHOME style & (1) 3/2 bath unit~Each building is sub-metered for water through HOA, this enables NEW Owner to BILL Tenants DIRECTLY for water & Tenants also pay electricity & gas - The HOA is FAVORABLE at $525 per mo., which includes sewer, trash, common-area maintenance & pool service~ The Sun Gardens Community is close-to, such local-attractions as: The Oakland A's Spring Training facility, Mesa Country Club & Mesa Riverview shopping center!

860 E Brown Road Unit 65, Mesa

Courtesy of CTS Realty. 602-795-0341 Selling Office: Coldwell Banker Realty.

$538,500
6964700 MLS
Opportunity knocks in one of Mesa's strongest rental corridors. This block-construction fourplex features four spacious 2-bed / 1-bath units, excellent visibility with Southern Ave frontage, and consistent demand thanks to its prime location. Each unit offers ceramic tile flooring throughout, individual electric meters, and washer/dryer hookups. Tenants appreciate the convenience, while owners love the durability and low-maintenance finishes. The property also includes an oversized 4-car covered parking area, providing valuable shade. There is deferred maintenance, and the property is being sold as-is, but the upside is clear for the investor willing to improve and reposition.... With strong rental fundamentals in the area and solid bones, this asset is poised to perform as part of any growing portfolio. Bonus: The neighboring property at 72 W Southern Ave is also available, presenting the rare chance to scale in a high-demand location. Add value, raise returns, and secure your next long-term hold right here in Mesa.

82 W Southern Avenue, Mesa

Courtesy of West USA Realty. 480-893-0600 Selling Office: Go Win Property Management.

$539,500
6964692 MLS
Opportunity knocks in one of Mesa's strongest rental corridors. This block-construction fourplex features four spacious 2-bed / 1-bath units, excellent visibility with Southern Ave frontage, and consistent demand thanks to its prime location. Each unit offers ceramic tile flooring throughout, individual electric meters, and washer/dryer hookups. Tenants appreciate the convenience, while owners love the durability and low-maintenance finishes. The property also includes an oversized 4-car covered parking area, providing valuable shade. There is deferred maintenance, and the property is being sold as-is, but the upside is clear for the investor willing to improve and reposition.... With strong rental fundamentals in the area and solid bones, this asset is poised to perform as part of any growing portfolio. Bonus: The neighboring property at 82 W Southern Ave is also available, presenting the rare chance to scale in a high-demand location. Add value, raise returns, and secure your next long-term hold right here in Mesa.

72 W Southern Avenue, Mesa

Courtesy of West USA Realty. 480-893-0600 Selling Office: Go Win Property Management.

$565,000
6960951 MLS
HUGE OPPORTUNITY! Mesa 4-plex. Two, 2 bed 2 bath units and two, 1 bed 1 bath units. Each unit comes with its own covered parking space and covered patio. Shared laundry closet for all four units. All information in this listing is everything available for us to provide. It is the responsibility of the buyer to confirm facts and figures. Similar 4-plex building for sale next to this one! Same layout/price. See MLS 6960950

6742 E Dallas Street, Mesa

Courtesy of ProSmart Realty. 480-540-2213 Selling Office: Russ Lyon Sotheby's International Realty.

$1,400,000
6960530 MLS
AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

8232 E University Drive, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675 Selling Office: Keller Williams Integrity First.

$1,440,000
6960522 MLS
AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

8232 E University Drive, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675 Selling Office: Balboa Realty, LLC.

$825,000
6958810 MLS
Welcome to this excellent investment opportunity, a charming multi-unit residential building, ideally situated in a sought-after location that combines convenience with comfort. This single-story block construction property features four well-appointed units, perfectly designed for modern living. Comprising of two 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units, offering diverse living options that cater to a variety of lifestyles. Each unit comes with their own private patio, one covered parking space and are individually metered for electricity, allowing residents to manage their utility expenses with ease. Your tenants will benefit from it's location which provides easy access to local amenities, shopping, dining, and transportation.

5825 E University Drive Unit 105-108, Mesa

Courtesy of Engel & Voelkers Scottsdale. 480-515-5900 Selling Office: Keller Williams Legacy One.

$365,000
5 Beds ⋅ 3 Baths ⋅ 6942834 MLS
this is owner/agent listing, Investor Opportunity! Multi-family property featuring 4 total units. Main house offers 4 beds, 2 baths, plus a smaller detached unit and 2 RVs in the backyard. The main house and both RVs are currently rented, generating $3,500/month in income with potential for $5,000.00 once the additional unit is leased. Ideal for investors or owner-occupants looking for cash flow from day one. Spacious lot with ample parking and versatile living options. Don't miss this high-income potential property!

10301 E Illini Street, Mesa

Courtesy of Planet Realty. 602-670-5484

$835,000
6939892 MLS
Well-Maintained 4-Unit Asset | Favorable HOA Structure | Strong Upside Potential HOA is responsible for Sewer / Trash / Landscaping/Pool Discover an exceptional multifamily investment opportunity in the thriving East Valley at 360 E Brown Rd, Mesa AZ. Located within the desirable Sun Gardens Apartments community, this property combines stability, tenant appeal, and significant income growth potential—ideal for investors seeking dependable returns with low management demands. Property Overview Originally built in 1980, this well-maintained four-plex features a diverse unit mix designed for long-term occupancy and operational flexibility: (3) Large 2-Bedroom / 1.5-Bathroom Townhome-Style Units Well-Maintained 4-Unit Asset | Favorable HOA Structure | Strong Upside Potential Discover an exceptional multifamily investment opportunity in the thriving East Valley at 360 E Brown Rd, Mesa AZ. Located within the desirable Sun Gardens Apartments community, this property combines stability, tenant appeal, and significant income growth potentialideal for investors seeking dependable returns with low management demands. Property Overview Originally built in 1980, this well-maintained four-plex features a diverse unit mix designed for long-term occupancy and operational flexibility: (3) Large 2-Bedroom / 1.5-Bathroom Townhome-Style Units (1) Spacious 3-Bedroom / 2-Bathroom Single-Level Unit (2) Two-Car Garages + Additional Assigned / Unassigned Parking Each unit enjoys private fenced patios, individual washer and dryer hookups, and access to the well-kept community pool. HOA & Operating Advantages HOA Includes: Water | Sewer | Trash | Landscaping RUBS In Place: Each tenant pays ¼ of the HOA dues, ensuring efficient cost recovery and reduced owner expenses. Low-Maintenance Asset: The HOA's coverage of landscaping and core utilities streamlines management and enhances cash-flow consistency. Unit Highlights Townhome Units: Two-story layouts with no neighbors above or below, featuring open great rooms, eat-in kitchens, and fenced patios bordering lush common areas. 3-Bedroom Unit (#3): Desirable single-level floor plan with AC, ceiling fans, washer/dryer hookups, and a private back patio perfect for barbecuing. Parking: Each unit has garage access with additional open spaces for residents and guests. Community Features Refreshing Community Pool for tenant enjoyment Security Cameras for added peace of mind Professionally Maintained Landscaping included in HOA Convenient Location minutes from Loop 202, Downtown Mesa, schools, and major employers Investment Highlights HOA Includes Water / Sewer / Trash / Landscaping - Reduced ownership burden RUBS Implemented - Each tenant reimburses ¼ of the HOA dues Washer & Dryer in Each Unit - High tenant satisfaction and retention Ample Parking + Garages - Rare amenity in similar multifamily assets Rental Upside Potential - Market supports higher rents Desirable Unit Mix - Townhome-style 2-bedroom units + 1 spacious 3-bedroom Low-Maintenance Investment - Well-run HOA and established RUBS system Prime Mesa Location - Central access to employment, retail, and transit Summary With a strong unit mix, favorable HOA structure, and RUBS system already in place, 360 E Brown Rd offers investors a turnkey, income-producing asset positioned for both stability and growth. Its combination of efficient operations, tenant-friendly amenities, and continued rental upside makes this a compelling opportunity in the heart of Mesa's thriving multifamily market. Buyer to verify all facts and figures Located in the rapidly growing East Valley submarket of Mesa, 360 E Brown Rd offers investors a property positioned in one of the most dynamic and high-demand rental corridors in the Phoenix Metro area. Mesa's blend of affordability, accessibility, and employment diversity continues to attract long-term tenants, making it a consistent performer in multifamily investment portfolios. Prime East Valley Location Nestled just east of Country Club Drive and minutes from Downtown Mesa, this property enjoys close proximity to major transportation routes including Loop 202, Loop 101, and U.S. 60, ensuring seamless connectivity throughout the Valley. The nearby Valley Metro Light Rail provides direct service to Tempe, ASU Main Campus, and Downtown Phoenix, expanding the appeal to students and commuters alike. Major Employers & Economic Drivers Mesa's economy is anchored by a diverse employment base spanning healthcare, education, aerospace, and technology. The property is conveniently located near several major employers such as: Banner Desert Medical Center - One of the largest hospitals in Arizona, providing over 3,000 jobs. Banner Baywood Medical Center and Banner Heart Hospital - Renowned medical facilities serving the East Valley's growing population. Boeing Defense, Space & Security - A leading aerospace manufacturer employing over 3,500 in nearby northeast Mesa. Phoenix-Mesa Gateway Airport - A major transportation and logistics hub that supports thousands of regional jobs. Mesa Community College and ASU Polytechnic Campus - Two strong education anchors attracting students and staff seeking nearby housing. Apple Data Command Center, Amazon Fulfillment Centers, and Meta's Mesa Data Center - Recent corporate investments further fueling rental housing demand. Healthcare & Education Access The property benefits from proximity to multiple top-rated healthcare facilities including Banner Children's at Desert, Mountain Vista Medical Center, and Arizona Spine & Joint Hospital. Educational institutions such as Mesa High School, Edison Elementary, and Mesa Community College serve the area, drawing both families and student renters. Lifestyle & Recreation Tenants enjoy easy access to Mesa's recreational amenities and retail conveniences. Nearby destinations include Riverview Park, Mesa Riverview Shopping Center, Tempe Marketplace, and Hohokam Stadium, the spring training home of the Oakland Athletics. For outdoor enthusiasts, the Usery Mountain Regional Park, Salt River, and Red Mountain trails offer abundant hiking, biking, and kayaking options. Cultural attractions such as the Mesa Arts Center, Arizona Museum of Natural History, and local breweries add to the area's community charm and lifestyle appeal. Market Strength Mesa continues to lead the East Valley in population and job growth, consistently ranking among Arizona's top-performing rental markets. The city's focus on revitalization, infrastructure expansion, and technology-driven employment hubs has created a long-term growth environment for investors. This steady demand ensures strong occupancy levels, rent stability, and the potential for continued NOI growth at 360 E Brown Rd.

860 E Brown Road Unit 25-28, Mesa

Courtesy of Gerchick Real Estate. 602-688-9279 Selling Office: Gerchick Real Estate.

$635,000
6936505 MLS
The property consists of 4 large two bedroom / one bathroom units, each with large fenced patios. The property has been well maintained by a long-term owner and is occupied by long-term tenants, with WELL BELOW MARKET RENTS. While not necessary, this property is a great candidate for a full renovation.

719 N Cherry --, Mesa

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: HomeSmart.

$730,000
6926281 MLS
Great investment or house-hack opportunity in the heart of Mesa, Arizona! This multifamily 4-plex for sale offers four fully renovated 2-bedroom, 1-bath units, each with convenient in-unit washer/dryer hookups. Updated in 2020, the units feature modern upgrades including white shaker cabinetry, matte black fixtures, neutral paint tones, newer tile and carpet, and stainless steel appliances—creating a clean, timeless design that attracts quality tenants. Major improvements have already been taken care of, including a new roof and four new A/C units, significantly reducing future maintenance expenses and ensuring long-term durability. Three units are currently tenant-occupied, generating consistent rental income, while one unit is available for an owner-occupant buyer a perfect house-hacking opportunity to live in one unit while your tenants help cover the mortgage. Opportunity for additional rental income by converting the patio to a 3rd bedroom for a savvy buyer. Located in a prime Mesa neighborhood with excellent rental demand, this property offers unbeatable convenience. Just minutes from US-60 and Loop 202 freeways, commuting throughout the Phoenix Metro and East Valley is fast and easy. Residents enjoy being close to shopping, dining, entertainment, top-rated schools, and major employers. The property's central location makes it highly desirable to renters seeking affordable, updated housing with easy access to everything Mesa has to offer. Whether you're a seasoned investor looking for cash flow in Arizona's booming rental market or a buyer searching for a turnkey house-hacking property in Mesa, this 4-plex checks all the boxes. A rare opportunity to own a low-maintenance, income-producing property in one of the fastest-growing areas of the Phoenix Metro!

1826 N Spring --, Mesa

Courtesy of Real Broker. 602-755-3415 Selling Office: HomeSmart.

$580,000
6923960 MLS
Motivated Seller ready to offload a renovated asset for their basis! Current annual income is $58,800 ($1,225 gross monthly rent). All CapEx and costs can be shown at the buyer's request. Updates include: In-unit washers and dryers, new exterior and interior paint, partial sewer line replacement, new exterior fence/common area, new appliances, new vanities and toilets, all new water heaters, new flooring in 2 units, updated light fixtures, recently painted cabinets, quartz counter tops, and 1 new HVAC installed this year. Roof still in good shape, fully replaced in 2012. Block built building with all units just leased, this asset is a turnkey investment with huge cashflow potential.

604 S Bellview --, Mesa

Courtesy of Orion Investment Real Estate. 480-634-6934 Selling Office: Real Broker.

$747,000
6923003 MLS
ABI Multifamily is pleased to present 1728 E Pepper Cir, a 4-plex in the heart of Mesa that features four spacious 2-bed/1-bath units (~940 SF each) with unique townhome-style layouts (main floor & upstairs in each unit). Built in 1984, the property has been upgraded as needed & well-maintained, but still offers value-add potential in completing interior upgrades in some of the units. Each unit includes private backyards, individual storage units, & in-unit laundry hookups. Two units have balconies. The property has new exterior paint ('25), landscaping ('25), & a new roof ('24). Located less than 3 miles from both Downtown Mesa & Hwy 60, this property combines convenience with upside. One unit is currently vacant, allowing flexibility for both investors & owner-occupant buyers.

1728 E Pepper Circle, Mesa

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Call Realty, Inc..

$825,000
6922706 MLS
TURNKEY, Cash-Flowing, Well Maintained, Fully Leased & Remodeled 4-plex in Prime Mesa Location near Downtown & only 3 blocks from Stapley/Main Light Rail Station. Each large Fully Remodeled Unit has 2-bedrooms, 2-baths & 1,004 sq. ft. Upgrades include New Luxury Vinyl Plank Flooring in the Living areas and carpeting in the bedrooms. Also New Shaker Cabinets, Appliances, New Interior Trim, Doors & Interior Paint. Complete Roof Replacement in 2021, Newer Entry Deck Surfacing for 2nd floor Units C & D, New Composition Mansard Roof Walls, and New Masonry Block Privacy Fencing. First floor units have Private Yards & Covered Patios. HVAC Units and Water Heaters are Newer With over $150k Invested in improvements. No HOA. **Please Do Not Disturb Tenants - Drive By Only!** Each Unit has One Covered Parking Space plus a 2nd uncovered Space and a Storage Unit. Units are Currently Rented at Market Rate with Strong Tenant Occupancy. Upstairs Units Lease for $1,400/month & Downstairs Units for $1,495/month, Producing a Gross Monthly Income of $5,790 ($69,480 Annually) plus laundry room income and a 7.14 Cap Rate. The On-site Laundry is not only convenient but produces additional revenue annually of $1280. Truly an Excellent Investment with Updated Units, Stable Rents, and a Prime Location near Mesa's Growing Downtown Corridor. and Great for Seasoned or New investors **PLEASE DO NOT DISTURB OCCUPANTS**

1146 E 2nd Street, Mesa

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: HomeSmart.

$624,575
6918265 MLS
This well-maintained 4-unit property offers an excellent income-producing opportunity in a desirable location. The building received a new roof and fresh exterior paint in 2020, adding long-term value and curb appeal. Unit 2 was upgraded with a brand-new AC system in 2025, and Unit 3 features a partial kitchen and bathroom renovation. All units are currently tenant-occupied, providing immediate rental income. Additional conveniences include two sets of newer front-loading washer and dryer units. Each apartment is thoughtfully designed for comfort and functionality.

161 E 2nd Avenue, Mesa

Courtesy of West USA Realty. 602-942-4200 Selling Office: eXp Realty.

$525,000
6911930 MLS
Fantastic investment opportunity in the heart of Mesa! This well-maintained 4-plex features all 1-bedroom, 1-bath units with tenants currently on month-to-month leases giving a new owner flexibility for future rent adjustments or occupancy. Each unit has tile flooring throughout, no HOA. New roof was installed in 2022 for added peace of mind. Building also includes a laundry room with hookups only (no washer/dryer installed). Currently rents are below market value, leaving great potential for increased cash flow. Conveniently located near shopping, dining and freeway access, this property is ideal for investors looking to grow their portfolio.

610 S Bellview Street, Mesa

Courtesy of Real Broker. 602-755-3415 Selling Office: ABI Multifamily.

$680,000
6905416 MLS
Four on Avalon, a well-maintained single-level, garden-style multifamily asset located in the thriving Mesa submarket. Built in 1984 and zoned R-4, the property consists of four large 2-bedroom / 1-bath units (approximately 864 SF each), each featuring in-unit washer/dryer, refrigerator & dishwasher! Private yards, and central air conditioning—highly desirable amenities that enhance tenant retention and rental demand. Currently operating at 100% occupancy with rents well below market, the asset offers substantial value-add potential through rent optimization (market achievable: $1,250-$1,350 per unit) and optional repositioning for higher and better use. The property's single-story design contributes to lower operating costs, reduced maintenance, and minimal turnover, (continued) making it ideal for investors seeking stable, long-term cash flow with future development upside. Investment Highlights Unit Mix: Four (4) × 2-Bedroom / 1-Bath units, ±864 SF each Building Size: ±3,456 SF | Year Built: 1984 Zoning: R-4 - Allows for multifamily density increases Amenities: In-unit W/D hookups, private yards, central A/C Occupancy: 100% | Current rents significantly below market Upside: Potential 20%+ rent growth and redevelopment options Location Overview Situated in Mesa, Arizona, one of the fastest-growing cities in the Phoenix Metro, Four on Avalon benefits from a strategic location with strong economic drivers, robust population growth, and an expanding employment base. Residents enjoy proximity to The Hub Grill and Bar, Superstition Springs Center, Mesa Arts Center, and Mesa Historical Museum, as well as outdoor recreation at Red Mountain Park and Usery Mountain Regional Park. The property offers excellent transportation connectivity with direct access to major freeways and is less than 15 minutes from Phoenix-Mesa Gateway Airport, ensuring ongoing demand and long-term appreciation potential. All facts and figures are approximate buyer verify information

6325 E Avalon Street Unit 1-4, Mesa

Courtesy of Grace CRE. 602-975-5516 Selling Office: HomeSmart.

$830,000
6902060 MLS
This 4-unit, garden-style multifamily property, built in 1977 and renovated in 2019, offers four spacious 2-bedroom, 1-bathroom units of approximately 925 sq ft each. All the units have been fully modernized with high-end finishes, including wood-look tile flooring, modern cabinetry, quartz countertops, updated electrical, walk-in showers, and stainless steel appliances. All units feature in-unit washer and dryer hookups, and select units offer private balconies. Residents enjoy a lush shared courtyard, covered parking, and a prime location in Mesa's desirable Temple Historic District, within walking distance to the light rail, parks, dining, and downtown Mesa attractions.

323 S Pioneer Street, Mesa

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Venture REI, LLC.

$682,000
6896834 MLS
Charming 2 Bed, 1 Bath Units - Income Potential! Each unit features 2 spacious bedrooms and 1 full bathroom, designed for comfortable living. These units are separately metered for electricity, allowing tenants to manage their own utility expenses. A shared laundry area adds convenience and also provides potential for additional income. Whether you're an investor or looking to live in one and rent the others, this property offers flexibility and strong rental appeal.

53 N San Jose Drive, Mesa

Courtesy of Kenneth James Realty. 480-581-1111 Selling Office: Kenneth James Realty.

$880,000
6894118 MLS
Located in the heart of Mesa near the Loop 202 and 101 freeways, and just minutes from Tempe, Cubs Spring Training Stadium, and Mesa Riverview Mall, Four at Riverview presents a compelling investment opportunity. This fully leased fourplex features an ideal unit mix, including one detached three-bedroom, two-bath home and three spacious two-bedroom, two-bath units. Each unit is equipped with in-unit washer and dryer hookups, individual HVAC systems, and a history of thoughtful renovations completed between 2018 and 2020. Current gross monthly rents total $7,030, with average unit rents of approximately $1,757. However, there's immediate upside potential to increase rental income by an estimated $650 to $1,000 per month as leases turn over or are brought to market rate. Unit 101, the standalone three-bedroom residence, is occupied by long-term tenants paying $2,395 monthly. The unit was remodeled in 2018 and features tile flooring throughout, with a new HVAC system installed in 2023. Unit 102, one of the two-bedroom, two-bath units, was renovated in 2019 and includes updated vinyl flooring, a 2021 HVAC replacement, and a rare enclosed side yard that allows for increased rental value. This type of yard space is uncommon among comparable properties in the area, adding to the unit's appeal. Unit 201, also remodeled in 2018, rents for $1,345 and features durable vinyl flooring and a washer/dryer. The HVAC was replaced in 2021. Similarly, Unit 202, updated in 2020 and currently renting for $1,445, includes modern finishes, vinyl flooring, and a 2021 HVAC upgrade. This asset has been held and maintained by the same ownership since 2016, with professional renovations made shortly after acquisition. With all major systems updated, stable in-place tenants, and proven rental history, Four at Riverview offers both strong current cash flow and significant upside potential. Located in one of Mesa's most accessible and desirable submarkets, this fourplex is a turnkey opportunity for any multifamily investor seeking stability, growth, and location.

924 N Revere --, Mesa

Courtesy of Grace CRE. 602-975-5516 Selling Office: HomeSmart.

$995,000
6881996 MLS
Turnkey 4-Plex Investment - Prime Location! Minutes from Boeing, MD Helicopters, Falcon Field, and major industrial employers, this fully occupied fourplex features 3 bed, 2 bath units with over 1,200 SQFT each. Long-term tenants love the unique basement-style layout and pay all utilities, keeping operating costs low. Strong rental history, low turnover, and room to increase ROI. HOA maintains the pool and common areas. Located near shopping, schools, and with easy access to the 202 freeway, this area is poised for growth. High-demand rental - don't miss this opportunity!

4423 E Mclellan Road Unit 105-108, Mesa

Courtesy of eXp Realty. 888-897-7821 Selling Office: Omni Homes International.

$675,000
6880361 MLS
NEW ROOF! Completed 9/2025! 4-plex near light rail and upgraded Temple District. Long term tenants and easy to rent. Currently under professional property management, renters have been there for the last 6+ years, all units occupied. Rents are below market value. No HOA. Paved parking lot. Property could work for an owner-occupant.

508 S Olive --, Mesa

Courtesy of eXp Realty. 888-897-7821 Selling Office: Go Win Property Management.

$533,000
6877297 MLS
4-Plex Easy to rent always occupied. Amazing 9% Cap Rate!! 755 E Millitt also available next door for a total of 8 units. Current rents are $1200, $1350, $975 and $1300. All are good sized 1/1's. Great Mesa location. Leases and Financials attached.

761 E Millett Avenue, Mesa

Courtesy of Distinguished Properties. 602-432-5765 Selling Office: ATLAS AZ, LLC.

$535,000
6877289 MLS
4-Plex Easy to rent always occupied. Amazing 9% Cap Rate!! 761 E Millitt also available next door for a total of 8 units. Current rents are $975, $975, $975 and $1450. All are good sized 1/1's. Great Mesa location. Leases and Financials attached.

755 E Millett Avenue, Mesa

Courtesy of Distinguished Properties. 602-432-5765 Selling Office: Barrett Real Estate.

$1,349,990
16 Beds ⋅ 96 Baths ⋅ 6871664 MLS
AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

8232 E University Drive, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675 Selling Office: Balboa Realty, LLC.

$600,000
6861870 MLS
Freshly stucco'd and painted 4-unit property in the heart of Mesa! This well-maintained investment opportunity features 2 separate buildings with a total of 4 units comprised of 8 bedrooms, 6 bathrooms and 4 kitchens. A spacious common area sits at the center with an outdoor cooking area, perfect for shared use or added tenant appeal. Located just off Mesa's Main Street and minutes from highways 202, 101, 60, and 87, with quick access to Tempe, Gilbert, shopping, dining, and schools. Each unit is move-in ready and ideal for strong rental income or multi-generational living. Thoughtfully updated and cared for throughout. Don't miss out on this rare find in a high-demand rental area—this property is a must-see and won't last long!

421 S Wilbur --, Mesa

Courtesy of HomeSmart. 602-230-7600 Selling Office: Realty ONE Group.

$720,000
8 Beds ⋅ 8 Baths ⋅ 6861620 MLS
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!

1138 E 2nd Street, Mesa

Courtesy of Professional Real Estate Negotiators. 480-684-3084

$700,000
6859004 MLS
Large lot with 4 units enclosed courtyard plus each unit has storage room for additional space and storage. Each unit is a two bedroom, one bath, 900 sq ft. Onsite community coin laundry. New roof 2011, all appliances included. All units have tile for low maintenance. Very desirable location with corner lot gives lots of drive by traffic for potential tenants. All units are month to month and have had the same tenants for years.

754 W 5th Avenue, Mesa

Courtesy of DeLex Realty. 602-910-3002 Selling Office: Perk Prop Real Estate LLC.

$755,000
6838360 MLS
An extraordinary investment opportunity in this desirable North Mesa community! All 4 turnkey units are 2 bedroom, 1 bathroom that boast 867 sq ft with private washer & dryer hookup. All units are individually metered electric. A savvy investor can convert the large 139 sq ft (11.6ft x 12ft) patio and large 76 sq ft (11.6 ft x 6.6ft) laundry room into a 3rd bedroom and 2 bathroom. Large open side yard can be enclosed into private yards for tenants. The City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,720 for 2 bedroom units, and $2,318 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $82,560 to $111,264 yearly gross income.

1856 N Spring --, Mesa

Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: M&B Realty.

$845,000
6837107 MLS
Fully occupied, highly sought after area in Mesa. Close to 202 freeway and new retail shops. This property boasts (3) two bed two bath (1) two bed one bath. EACH UNIT has its own washer and dryers, balcony or court yard and are all individually metered for both water & power which TENANT PAYS. There are 4 covered parking spots with 4 additional parking spots included. Check out rent rolls and lease expirations where you can ADD REVENUE in the documents tab. All units are in good condition and 1 was recently updated. Strong rental history and great cash flow opportunity with Tenants paying all expenses except property taxes and insurance. Cap rate 6.28

5950 E Norland Street, Mesa

Courtesy of Realty ONE Group. 480-315-1240 Selling Office: Top Rock Realty.

$625,000
6818641 MLS
Excellent investment opportunity in Mesa priced to sell! Huge upside on Month to Month Rents. This FourPlex is solid block construction. EACH UNIT has 2 Bedrooms, 1 Bath, covered carport parking, private side yard, storage room, and washer /dryer hookup. Perfect for investors looking to expand their portfolio or generate steady rental income. ADDITIONAL FOURPLEX - 4 BUILDINGS TO SOUTH FOR SELL - 507 N Hall - same owner. Facts and figures approximate, buyer to verify to their own satisfaction.

543 N Hall --, Mesa

Courtesy of HomeSmart. 480-346-7505 Selling Office: HomeSmart.

$625,000
6818615 MLS
Excellent investment opportunity in Mesa priced to sell! Huge upside on Month to Month Rents. This FourPlex is solid block construction. EACH UNIT has 2 Bedrooms, 1 Bath, covered carport parking, private side yard, storage room, and washer /dryer hookup. Perfect for investors looking to expand their portfolio or generate steady rental income. ADDITIONAL FOURPLEX - 4 BUILDINGS TO NORTH FOR SELL - 543 N Hall - same owner. Facts and figures approximate, buyer to verify to their own satisfaction.

507 N Hall --, Mesa

Courtesy of HomeSmart. 480-346-7505 Selling Office: HomeSmart.

$1,200,000
6811422 MLS
6221 E Greenway St is a 4 unit multifamily community located in a desirable area of East Mesa. This asset was built in 1985 and recently underwent a complete renovation in 2022-2023. All 4 of the units are large 3-bedroom, 2-bathroom units measuring approximately 1,078 sq ft. Current rents average $1,956 and the tenants cover all utilities. This is a great opportunity for an investor or owner occupant.

6221 E Greenway Street, Mesa

Courtesy of Matthews Real Estate Investment Services. 310-388-0788 Selling Office: Redfin Corporation.

$800,000
6809085 MLS
Positioned with great access to the US-60 freeway, this fully-occupied, cash-flowing fourplex was thoroughly remodeled in 2022! The property's renovation and subsequent updates have included unit interiors, multiple HVAC units, and exterior paint to properly position these units for long-term success. Enjoy existing professional management and tenants already in place at solid rental rates. Property is occupied; please do not disturb the tenants.

700 S Stapley Drive, Mesa

Courtesy of HomeSmart. 602-203-7600 Selling Office: Platinum Living Realty.

$561,000
6799801 MLS
Fantastic investor opportunity or OWNER-OCCUPIED for a fourplex in East Mesa! Four 2 bedroom/1 bathroom 714 sqft units. Entire property was renovated in 2021, five year old roof, tile floors, and all units have washer and dryer hook ups. Vacant unit was renovated in October 2024. Easy access to the 202.

305 N 93rd Street, Mesa

Courtesy of HomeCoin.com. 888-400-2513 Selling Office: My Home Group Real Estate.

$715,000
6799037 MLS
This well-maintained 4-unit building offers an excellent opportunity for investors or owner-occupants. Each unit features 2 spacious bedrooms, 1 full bath, and comfortable living areas designed for easy, low-maintenance living. Located in a desirable neighborhood with convenient access to local amenities, shopping, and public transportation, this property offers consistent rental income potential.

514 S Bellview Road, Mesa

Courtesy of Gile Commercial Real Estate. 602-980-3171 Selling Office: Keller Williams Arizona Realty.

$800,000
6792447 MLS
449 North Williams was originally built in 1963 and extensively renovated in 2022. The property features solid block construction and an attractive unit mix, consisting of four 2-bedroom / 1-bathroom units that average 950 square feet. The current operator spared no expense during the renovations. All units have been outfitted with new vinyl-plank flooring, ceiling fans, fresh paint, kitchen appliance packages, cabinets, countertops, bathroom vanities, shower / tub enclosures, and the installation of in-suite washers and dryers. Exterior upgrades include fresh paint throughout, replacement of the plumbing mainline, new windows, in-unit water heaters, and more.

449 N Williams --, Mesa

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Compass.

$825,000
6792394 MLS
LOCATION, LOCATION, LOCATION!! Great Investment Property, Fully Rented, Very Near the Top of the Market Rents with Room to Increase. Three Out of the Four Units Have Been Remodeled with New Flooring, New Kitchen Cabinets & Counter Tops, Vanities & Fixtures! NEW Roof in 2022; New AC Unit for #103 in 9/2021; Great Tenants, Property Management & Rents: #101 (1 Bed/1 Bath; $825); #102 (2/2;$1275); #103 (3/2;$1550); #201 (2/2; $1300); Excellent Value in NE Mesa, Near Restaurants, Shopping, Bus Lines, Fitness Centers & the 202 Red Mountain Freeway. The Three Ground Floor Apartments Have Private Gated Yards and the ONLY Upstairs Unit (#201) Has a HUGE PRIVATE Balcony!

5965 E Norland Street, Mesa

Courtesy of Duckett Management & Real Estate. 602-578-7199 Selling Office: Western Property Advisors, LLC.

$1,050,000
6782885 MLS
Wonderful investment fourplex in a nice part of NE Mesa! Highly desirable location in proximity to Walmart, Falcon Field, Boeing, Amazon distribution & multiple freeways. The boutique ''Falcon Estates'' complex was built in 2005 and has six identical fourplexes built around a beautiful community pool and park. The HOA includes trash/recycle, pool service, common area maintenance, landscaping, lighting, and covered parking. All four units are identical size and layout with ~1,225 sqft encompassing 3 beds, 2 baths, full size kitchen, & a laundry room. The basement layout maximizes space and functionality with the primary bedroom/bath on the main level and 2 bedrooms + bath downstairs. Owners have maintained and updated units including hot water heaters, flooring, and paint.

4423 E Mclellan Road Unit 117-120, Mesa

Courtesy of HomeSmart. 602-203-7600 Selling Office: Omni Homes International.

$820,000
6775879 MLS
Incredible Investment Opportunity in prime Mesa location! This fantastic 4-plex boasts one spacious 3-bedroom, 2-bath unit with an attached garage and three roomy 2-bedroom, 2-bath units, each featuring an in-unit washer/dryer. Ideal for long, short-term or mid-term rental options or an owner-occupant looking to build equity while generating income. The 2-bedroom units come with covered carport parking and extra storage, adding extra convenience for tenants. With all units currently occupied and room for rental increases, this property is primed for solid returns. Each unit is individually metered for electricity, and recent updates include a new AC unit, two new water heaters, and a fresh exterior paint job. Located near popular destinations like the Cubs stadium, Tempe Town Lake, (MORE schools, shopping, and entertainment, this property is a great investment opportunity. Note: Drive-by only - no interior showings until after contract acceptance. Please respect tenant privacy and do not disturb occupants.

846 N Revere --, Mesa

Courtesy of Real Broker. 602-755-3415 Selling Office: Russ Lyon Sotheby's International Realty.

$695,000
6771204 MLS
Fully occupied 4 plex. Long term tenants. All 2 bed 1 bath units. Shared laundry room with leased coin operated washer/dryer.

224 S Doran Street, Mesa

Courtesy of Go Win Property Management. 480-400-2920 Selling Office: Call Realty, Inc..

$771,000
6771018 MLS
Wow! Awesome 4 Plex in East Mesa. Each unit has 2 bedrooms and 2 baths, Living Room and Kitchen. Each Unit has an Outside Storage Room. All units have assigned parking. Inside Laundry for each unit. Refrigerator Included for each unit. All of the units have been refreshed and are ready to go! Hurry....this one will go fast.

3049 E Cicero Street, Mesa

Courtesy of Top Rock Realty. 480-215-2525 Selling Office: Non-MLS Office.

$795,000
6763843 MLS
This fourplex is located in the Red Mountain area of North Mesa. It consists of three 2 bed/2 bath units and one 2 bed/1 bath unit. Rents can be easily raised.

2737 N Salem --, Mesa

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: Better Homes & Gardens Real Estate SJ Fowler.

$795,000
6747427 MLS

860 E Brown Road Unit 5, Mesa

Courtesy of Matthews Real Estate Investment Services. 310-388-0788 Selling Office: Matthews Real Estate Investment Services.

$749,000
6735188 MLS
Super Fourplex for owner occupants or Investors. Close to the Lakes & River. Great Public Transportation and Shopping. Easy Keeper, Good Curb appeal and Parking. All Unit Are clean and #102 Just Remodeled. All Facts and Figures Approximate, Buyers to Verify to Their Satisfaction.

2961 E Cicero Street, Mesa

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: Gile Commercial Real Estate.

$900,000
6728850 MLS
Discover an advantageous investment opportunity in Mesa's sought-after rental market with this well-maintained four-unit property. Plus, it is ideal for investors seeking a 1031 exchange or a stable income stream. Located just minutes from downtown Mesa, this desirable multi-family home features recent upgrades, including two newly remodeled units. All units are currently rented, and tenants are responsible for electricity and gas. The apartment mix includes a spacious single-level unit with three bedrooms and two baths, two townhome-style units each with two bedrooms and 1.5 baths, and a private two bedroom, 1.5 bath apartment above the garages. Recent enhancements include new outlets, switches, washer, and dryer hookups, efficient 14 SEER heat pumps, & modern LED exterior lighting. Additional upgrades feature a newer roof, refreshed exterior paint, and two units recently remodeled to attract higher rents. Shared garages have been converted into private single-car garages with openers & remotes, enhancing tenant satisfaction and property value. Residents enjoy a community pool, private patios, garage parking, and professionally maintained landscaping. Detailed Cap Rates and improvement records are available upon request, highlighting strong rental income potential and historical performance. Do not miss this rare opportunity to acquire a turnkey multi-family property in Mesa. Contact the listing Agent if you have any questions or need further assistance!

860 E Brown Road Unit 41, Mesa

Courtesy of Arizona Best Real Estate. 480-948-4711 Selling Office: W and Partners, LLC.

$815,000
6715006 MLS
4 units located in the Central Mesa Submarket of Mesa, AZ. Originally built in 1980, this property has a unique mix of (3) large 2+1.5 units and (1) 3+2 unit. unit, and sits within the Sun Gardens Apartments HOA that features a community pool. Current average rents sit at $1,425/unit, and there is room to push them closer to market. Each unit is also sub-metered for water, that allows new ownership the opportunity to bill tenants directly for water. HOA fee is $475/month and they cover expenses including trash service and common area maintenance. Just a few miles from the asset are attractions such as the Oakland A's Spring Training facility, Mesa Country Club, and Mesa Riverview shopping center. CONTACT AGENT FOR COPY OF OM

860 E Brown Road Unit 29, Mesa

Courtesy of Matthews Real Estate Investment Services. 310-388-0788 Selling Office: Matthews Real Estate Investment Services.

$695,000
6706352 MLS
ATTENTION VALUE ADD INVESTORS!!! HUGE UPSIDE ON MONTH TO MONTH RENTS, NICE CENTRAL MESA LOCATON BETWEEN US 60 AND MESA'S THRIVING MAIN STREET. ALL LARGE 2 BEDROOM UNITS 920 SQFT. WITH PRIVATE BALACONIES/ PATIOS AND YARDS, WASHER/DRYER HOOKUPS, TILE FLOORING, 2018 ROOF, 3 AC UNITS 2022, COVERED PARKING. $1,250 Market Rents Proforma in Documents at 6.8 CAP RATE. Facts and figures approximate, buyer to verify to their own satisfaction.

327 S Stapley Drive, Mesa

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: Call Realty, Inc..

$1,010,000
6705805 MLS
Performing 4plex with 7.8% CAP Rate in the heart of Mesa close to schools, shopping and more. Lovingly updated with quartz look counters, white shaker cabinets and wood look flooring, these freshly painted units have plenty of parking and backyards. The dwelling mix includes 4 updated units with: 1/1, 2/1, 3/1, 4/2.5 which are fully tenanted. Artificial turf for easy maintenance. Newer roofs and AC units. Drive by only, do not disturb tenants.

936 W Rio Salado Parkway, Mesa

Courtesy of Realty Executives. 602-861-3300 Selling Office: Jason Mitchell Real Estate.

$1,000,000
6691371 MLS
An exceptional and unparalleled opportunity awaits with this magnificent fourplex, nestled in the heart of the 85205 zip code area in Mesa, Arizona. This remarkable property exudes charm and elegance. Offering a collection of four units, each boasting three bedrooms and two bathrooms, this meticulously crafted building showcases a tasteful blend of modern design and timeless appeal. Built in 2005, this architectural gem ensures a truly remarkable experience for both residents and investors. Situated in the coveted 85205 zip code area, this fourplex provides convenient access to an array of amenities, including shopping centers, educational institutions, and recreational parks. Embrace this extraordinary chance to own a prestigious and highly profitable fourplex in the vibrant city of Mesa, Arizona. Premises is in close proximity and easy access to the Loop 202 (Red Mountain Freeway). All units are a mirror image. The primary bedroom is upstairs on all units and the basement level has two bedrooms, a bathroom and a laundry room. All units will have a washer, dryer, refrigerator, dishwasher and microwave. Units 109, 111 and 112 are being refurbished and can't be viewed at this time. Although, Sellers' agent will assist for access in the near future. The community offers a pool, playground and picnic area.

4423 E Mclellan Road Unit 110, Mesa

Courtesy of Century 21 Seago. 480-756-2121 Selling Office: Better Homes & Gardens Real Estate SJ Fowler.

$700,000
6687632 MLS
Located near Downtown Mesa. 4 units, 2 upstairs and 2 downstairs. Upper units were renovated include tile and luxury vinyl flooring, new countertops, appliances, vanities & fixtures and interior paint. All units have been managed professionally. Units are 2 bedrooms with a full bath, living room, kitchen and interior laundry hookups. Well situated in relation to both the freeways, light rail and shopping. Tenants in place with lease agreements.

260 W 8th Avenue Unit Bldg 1, Mesa

Courtesy of Berkshire Hathaway HomeServices Arizona Properties. 480-467-4900 Selling Office: Call Realty, Inc..

$800,000
6681070 MLS
Owner would prefer to sell with 507 S Hall St. Owner self managed. Owner has recently installed fencing giving each unit significant private space. This will make the units much more marketable in the future, and will shift the exterior maintenance for the private spaces from the obligation of the landlord to the obligation of the tenant. An ADA sidewalk from the front to the back was also installed. Rent was also increased to at least $1400 for all tenants starting 6/1/24. A separately metered wash room also exists for what used to be a shared laundry. This has been switched to used for the A unit only and they pay the second electric bill. All tenants are month to month, and all would like to stay. Opportunity to improve numbers and get economies of scale with upgrades and buying both units.

517 S Hall --, Mesa

Courtesy of AZ Brokerage Holdings, LLC. 480-948-9450 Selling Office: Compass.

$800,000
6681066 MLS
Owner would prefer to sell with 517 S Hall St. Owner self managed. Owner has recently installed fencing giving each unit significant private space. This will make the units much more marketable in the future, and will shift the exterior maintenance for the private spaces from the obligation of the landlord to the obligation of the tenant. An ADA sidewalk from the front to the back was also installed. Rent was also increased to at least $1400 for all tenants except unit D. All tenants are month to month Except unit D, and all would like to stay. Opportunity to improve numbers and get economies of scale with upgrades and buying both units. both units.

507 S Hall Street, Mesa

Courtesy of AZ Brokerage Holdings, LLC. 480-948-9450 Selling Office: My Home Group Real Estate.

$900,000
6673494 MLS
Exceptional Investment Opportunity.... 4 -2 bedroom, 2 bath units approx. 1000 sq. ft each. Completely renovated in 2022 with New Flooring, Cabinetry, Appliances, Countertops and Appliances, New Roof July 2023 and 4 new A/C units. Ready for an owner seeking cash-flow. Drive by only.

9936 E Birchwood Avenue, Mesa

Courtesy of On Q Property Management. 480-518-9910 Selling Office: On Q Property Management.

$700,000
6647377 MLS
Take a look at this exceptional investment opportunity. This well maintained 4-plex is in a great location near downtown Mesa. Do not go onto the property, drive-by only.

2306 E Broadway Road, Mesa

Courtesy of ATLAS AZ, LLC. 602-481-0648 Selling Office: My Home Group Real Estate.

$670,000
6637988 MLS
Well maintained 4-plex in the heart of Mesa. All units are 2 bed, 1 bath with washer / dryer hookups. The property has solid return metrics and should be a nice addition to any investor's portfolio. Two of the units have been renovated in the last few years by the current owner. Serious buyers only. No wholesalers. Do NOT go on the property.

306 E Vine Circle, Mesa

Courtesy of ATLAS AZ, LLC. 602-481-0648 Selling Office: ATLAS AZ, LLC.

$690,000
6637229 MLS
Very well maintained 4-plex with three 2 bedroom/1 bath units and one large 1 bedroom/1 bath unit. Each unit has a separate indoor storage area. All units come with a washer/dryer, dishwasher, garbage disposal along with LED lightbulbs in every fixture, solar screens on all windows and metal privacy doors. Eight parking spaces with four covered spaces. Completely fenced yard with a locked cluster mailbox unit. Well landscaped with desert xeriscape plantings as well as irrigation to newer plantings. Two tenants are long term stable tenants and two newer tenants have recently been added - October 2023 and August 2023. This was the owner's primary residence for five years so Unit 4 has many upgrades. Exterior paint in 2018 and all units have been repainted within the last 3 years. Unit 2 had new laminate commercial flooring installed in January of 2023 and Unit 4 had new carpet in 2018. A short walk to the city bus stop and easy freeway access.

1846 N Pima Street, Mesa

Courtesy of Built By Referral Rlty Grp 02. 480-895-9100 Selling Office: ABI Multifamily.

$622,500
6635416 MLS
Great investment opportunity. 100% occupied. 3 units have newer AC units. 3 Dishwashers were replaced within the past two years. All units have spacious, private rear patios. Low maintenance. All tenants are responsible for electricity. Seller is responsible for Water/Trash.

415 N 64th Place, Mesa

Courtesy of Jason Mitchell Real Estate. 480-522-1030 Selling Office: Aurumys.

$655,000
6612687 MLS
Prime Multi-Family Development Opportunity located near Country Club and Southern. This listing consists of 2 parcels and there are 2 duplexes on the property. This lot sits on over an acre and is Zoned RM-4 City of Mesa.

317 W 8th Avenue, Mesa

Courtesy of Good Company Real Estate. 602-753-7320 Selling Office: Dave Johnson Realty.

$750,000
6606588 MLS
Fantastic fourplex in quiet northwest Mesa location. All units are 2/1 with close to 900 square feet and outdoor patio areas. Washer/Dryer hookups in each unit. Large bedrooms with huge closets and extra storage. Long term leases in place with room to grow, but property is already performing at a 6.2% cap rate - a rarity in today's market. By far the best deal on the market today. Property has been professionally managed, improved, and stabilized over the last 3 years of ownership. This plug and play deal will not last long. Main sewer line for unit B just replaced. Unit B currently vacant. Unit D up for renewal in October.

543 W 9th Place, Mesa

Courtesy of ATLAS AZ, LLC. 602-481-0648 Selling Office: RETSY.

$701,000
6601532 MLS
Building consists of 4 units, 2 upstairs and 2 downstairs. Majority if units have been renovated and renting at a premium. Various renovations include all tile flooring, new countertops, vanities & fixtures and interior paint. Units are easy to maintain and easily rented.Each HOA covers parking and landscaping. All units have been professionally managed and stable tenants. Current leases @ $1295/$1350/$1095/$815 on each unit.

260 W 8th Avenue Unit Bldg 7, Mesa

Courtesy of HomeSmart. 602-230-7600 Selling Office: 1st Dream Realty.

$880,000
6599277 MLS
TERRIFIC INVESTMENT OPPORTUNITY! This 4 Unit property with all 2 bedroom units is coming in at 6.2% CAP Rate. 3 long term leases in place. 1 unit run as an Air BnB bringing in substantial cashflow with a professional manager keeping it consistently rented. Do Not Bother Tenants. Available to see property once in escrow.

2728 N Salem --, Mesa

Courtesy of Commercial Property Connect. 480-452-6731 Selling Office: Commercial Property Connect.

$745,000
6597532 MLS
This is the Four Plex you have been looking for! Convenient corner lot property that has been well maintained over the years and boasts an extremely low vacancy rate - currently fully rented - no vacancies! Featuring four spacious 840 square foot units with 2BR and 1 BR and their own patio area. Covered parking and individualized storage units are provided for each of the tenants. There is NO HOA! This property also offers a free common Laundry facility for all tenants. Each of the units is equipped with Refrigerator, Dishwasher and Range. Conveniently located to abundant shopping and Public parks. This property is turn-key and ready for any investor - Don't Wait!

1546 N 46th Street, Mesa

Courtesy of Arizona Premier Realty Homes & Land, LLC. 623-594-7680 Selling Office: NORTH&CO..

$745,000
6568464 MLS
This value add 4plex in Mesa is waiting for its next investor to reach its proforma! All units have private back yards, in unit washer/dryers, 2 bedrooms and 1 bathroom. Each unit but one is month to month with long term tenants and one unit is vacant for owner occupy or for a full market value tenant. The tenants have covered parking and plenty of additional parking on the lot. There is a shed with power that could potentially be turned into storage, office or another unit. Last repairs on the roof were in 2/22. Unit #1 has a new water heater in 2/23 and a/c condenser in 10/2020 Unit #2 has a new dish washer and washer in 10/22, water heater and garbage disposal in 2/22 and dryer in 8/20 Unit 3 had a new fridge in 2/20 Unit 4 had a new water heater in 1/21 and garbage disposal in 10/

457 E 9th Avenue, Mesa

Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: Keller Williams Realty Phoenix.

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Fourplex for sale in Mesa, AZ