Mesa, AZ Homes for Sale
120 S Lebaron -- Unit 1, Mesa
$439,900
4 Beds ⋅ 3 Baths ⋅ 7084014 MLS
Two on LeBaron is a charming and highly desirable duplex opportunity featuring two unique, spacious units, each offering its own private backyard and in-unit washer and dryer. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. Property Highlights Duplex | 2 separate residences Front Unit: Very large 3-bedroom / 1.5-bathroom $1,750 currently rented Rear Unit: Spacious open-concept studio with fireplace $1,000 currently rented Private backyard for each unit Washer & dryer in each unit Unique layouts with strong tenant appeal Excellent opportunity for an owner-occupant or investor Potential for strong rental demand and income diversification Separately usable outdoor spaces enhance privacy and livability Investment Opportunity Two on LeBaron offers investors the opportunity to own a well-positioned, income-producing duplex with two distinctly appealing residences. The combination of a large 3-bedroom home and a spacious studio creates a diversified rental profile, while the private yards and in-unit laundry provide amenities that are highly desirable to today's tenants. The property also presents an attractive house-hacking opportunity, allowing an owner to live in one unit while generating rental income from the other. With its combination of space, privacy, character, and functional amenities, Two on LeBaron is an excellent opportunity for investors seeking a smaller multifamily asset with multiple potential strategies for maximizing value and long-term returns.

120 S Lebaron -- Unit 1, Mesa

Courtesy of Incyte Realty, LLC. 480-409-9900

457 E 9th Avenue, Mesa
$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

536 N Hall --, Mesa
$530,000
7050097 MLS
Turn-Key Investment opportunity in the heart of Mesa! This well-maintained 3-Plex sits in the established Ko Ko Palms neighborhood, built in 1971 and cash-flowing for decades, the kind of long-held, low-turnover asset that's hard to find on the market. Two of the three units carry long-term tenants who've called this property home for over a decade, and the third unit is now vacant, giving a new owner the rare chance to step in and set a fresh, market-rate lease from day one. All three units are 2 bedroom, 1 bath with separate meters for electricity, gas, and trash. Tenants cover their own utilities, keeping operating costs lean for ownership. Unit A (the largest of the three) is home to a 14-year tenant at $1,200/mo, with two covered parking spots side by side in the rear, a private front yard and a large storage unit with washer/dryer hookups. Unit B has been home to a 10-year tenant at $1,100/mo, with one covered parking spot in the rear and two storage units, one with washer/dryer hookups. Unit C is now vacant and move-in ready. Covered parking in the rear ,two storage units, one with washer/dryer hookups, positioned for a new owner to bring in a tenant at today's market rent and boost the property's overall return right out of the gate. Ownership responsibilities are refreshingly simple: landlord covers water only (approx. $150/mo) and a monthly landscaper ($100/mo). Everything else is on the tenants. With two proven, long-term income streams already in place and one unit primed for upside, this is a rare combination of stability and immediate value-add potential in a proven Mesa location. Don't miss it!

536 N Hall --, Mesa

Courtesy of Limitless Real Estate. 480-902-4700 Selling Office: HomeSmart.

730 W Pepper Place, Mesa
$240,000
6962917 MLS
Welcome to 730 W Pepper Place, a rare investment opportunity in one of Mesa's most established neighborhoods! This charming triplex blends vintage character with excellent income-producing potential, offering three separate one-bedroom, one-bath units across a spacious lot framed by mature trees and traditional block construction. With no HOA restrictions and plenty of room to enhance or expand, this property is the perfect canvas for investors eager to maximize returns. Each unit features a comfortable layout with a living room, kitchen, and private bedroom and bathroom, making them ideal for steady rental income. Over the years, the property has benefited from improvements such as roof work and sewer line repairs, and it is fully serviced by city utilities for water, sewer, and gas. Set on a 7,405-square-foot lot, the property offers privacy, ample parking, and space for future upgrades. Its location adds even more appeal, with Downtown Mesa's vibrant mix of dining, shopping, and cultural venues just minutes away, as well as convenient light rail and freeway access. Nearby schools and parks further strengthen its long-term rental demand. Whether you are a seasoned investor seeking to expand your portfolio or someone eager to restore a piece of Mesa history, 730 W Pepper Place provides the foundation for long-term value. With strong neighborhood appeal, and untapped potential, this triplex is your chance to own a classic Mesa property with endless opportunity. Each of the 3 units has its own electric meter. There is 1 water meter for the whole property.

730 W Pepper Place, Mesa

Courtesy of West USA Realty. 602-942-4200 Selling Office: My Home Group Real Estate.

860 E Brown Road Unit 25-28, Mesa
$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.

1826 N Spring --, Mesa
$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.

no property photo
$466,000
6924588 MLS
Welcome to 616 N Freestone Cir a rare find on a quiet cul-de-sac that combines single-level comfort, big outdoor space and income/guest flexibility. Includes a PRIVATE 805 sqft 2 bed 1 bath CASITA with a full kitchen (sink, oven, stove, refrigerator, microwave) could rent out for $1,300. Your new home sits on over a quarter-acre and shows beautifully: new oven and water heater, fresh carpet, a remodeled master bath and an open extra living/dining area that flows into a sunny breakfast nook perfect for everyday family life or entertaining. The backyard is large and lush, offering plenty of room for play, gardening or a future pool. Tucked behind the main house is a fully functional 2-bed / 1.5-bath casita with its own private entrance. It includes a full kitchen, living/dining and a brand-new mini-split AC unit  an ideal setup for short-term rental income, extended family, or a private workspace. Remodeled master bathroom and new carpeting throughout for a fresh, move-in ready feel. Open extra living/dining area plus separate breakfast nook for flexible layouts and casual meals. New oven and new water heater  fewer immediate maintenance worries for the new owner. Large, private yard on a sizable lot  rare single-story acreage feel inside city limits. Quiet cul-de-sac location with easy street parking and low through traffic. This home is in a well-served Mesa neighborhood with easy access to parks, recreation and shopping. Mesa maintains an extensive parks and recreation system with hundreds of parks and community centers nearby for families who love outdoor time and local programs. (For everyday shopping and dining, nearby Superstition Springs Center and other neighborhood retail make errands quick and convenient. (Commuters will appreciate straightforward freeway access to the Loop system and nearby Falcon Field, keeping Phoenix, Tempe and Sky Harbor within easy reach. (Local schools serving the area include Edison Elementary, Kino Junior High and Westwood High  a helpful detail for families planning a move.

616 N Freestone Circle, Mesa

Courtesy of Real Broker. 602-755-3415 Selling Office: My Home Group Real Estate.

1146 E 2nd Street, Mesa
$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.

6325 E Avalon Street Unit 1-4, Mesa
$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.

947 W 8th Place, Mesa
$480,000
6894127 MLS
947 W 8th Place $525,000 must be sold with 959 W 8th PL for $525,000 each total 1,050,000. | Mesa, AZ Referred to as Four at 8th Place , these two side-by-side duplexes sit on separate parcels in a sought-after corridor near Downtown Mesa. Each building has been fully remodeled with updated kitchens, appliances, flooring, and HVAC systems. Tenants enjoy private yards, in-unit laundry, and carport parking. With combined rents of $6,485/month and long-term tenancy in place, this low-maintenance asset delivers immediate yield with additional value through rent increases. The location provides strong rental demand with convenient access to Tempe and the Loop 202. Both properties 947-959 W 8th Placehave been thoughtfully remodeled and professionally maintained by the same ownership since 2016. Each unit is individually metered, includes in-unit washer and dryer, and has seen key improvements such as new appliances, updated bathroom fixtures, ceiling fans, fresh paint, and new HVAC systems. The current rental income across the four units totals $6,485 per month, with consistent tenancy and limited turnover, a testament to the quality of the units and location. Renovations were completed shortly after acquisition, and further enhancements have been made between tenancies, allowing investors to step into a turn-key portfolio with low immediate capital requirements. At 947 W 8th Place, Unit A is leased at $1,915 per month to a long-term tenant. The unit has undergone interior upgrades including updated appliances and a new AC system in 2021. Unit B rents for $1,350 and was similarly remodeled upon acquisition. At 959 W 8th Place, Unit A is leased at $1,570 and has only had two tenants since 2016, demonstrating exceptional stability. Unit B, currently rented at $1,650, includes recent upgrades and a brand-new AC system installed in 2024. This is an increasingly rare chance to own larger duplexes with separate APNs in a high-demand rental corridor, offering immediate cash flow and long-term appreciation in a market with limited comparable inventory. Whether you're a seasoned investor or building a portfolio, Four at 8th Place delivers on location, performance, and potential. All facts and figures to be verified by the buyer via the MLS.

947 W 8th Place, Mesa

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

924 N Revere --, Mesa
$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.

959 W 8th Place, Mesa
$480,000
6894114 MLS
959 W 8th Place $525,000 must be sold with 947 W 8th PL for $525,000 each total 1,050,000.Four at 8th Place, these two side-by-side duplexes sit on separate parcels in a sought-after corridor near Downtown Mesa. Each building has been fully remodeled with updated kitchens, appliances, flooring, and HVAC systems. Tenants enjoy private yards, in-unit laundry, and carport parking. With combined rents of $6,485/month and long-term tenancy in place, this low-maintenance asset delivers immediate yield with additional value through rent increases. The location provides strong rental demand with convenient access to Tempe and the Loop 202. A rare opportunity to acquire two side-by-side duplexes on separate parcels in one of Mesa's most rapidly growing submarkets.Unit mix per side is a 3 bedroom 2 bath in each and a 2 bedroom 2 bath per building. Located just minutes from Downtown Mesa, Tempe, Mesa Riverview, and the Loop 202 Freeway, this offering delivers a stable, income-generating asset with long-term upside potential in a highly location. Both properties 947-959 W 8th Placehave been thoughtfully remodeled and professionally maintained by the same ownership since 2016. Each unit is individually metered, includes in-unit washer and dryer, and has seen key improvements such as new appliances, updated bathroom fixtures, ceiling fans, fresh paint, and new HVAC systems. The current rental income across the four units totals $6,485 per month, with consistent tenancy and limited turnover, a testament to the quality of the units and location. Renovations were completed shortly after acquisition, and further enhancements have been made between tenancies, allowing investors to step into a turn-key portfolio with low immediate capital requirements. At 947 W 8th Place, Unit A is leased at $1,915 per month to a long-term tenant. The unit has undergone interior upgrades including updated appliances and a new AC system in 2021. Unit B rents for $1,350 and was similarly remodeled upon acquisition. At 959 W 8th Place, Unit A is leased at $1,570 and has only had two tenants since 2016, demonstrating exceptional stability. Unit B, currently rented at $1,650, includes recent upgrades and a brand-new AC system installed in 2024. This is

959 W 8th Place, Mesa

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

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Multi Family Homes for Sale in Mesa, AZ