543 W 9th Place, Mesa, AZ 85201
- $750,000
- Sold Price
- $750,000
- List Price
- $725,000
- Closing Date
- Nov 16, 2023
- Days on Market
- 7
- Status
- CLOSED
- MLS#
- 6606588
- City
- Mesa
- Subdivision
- Indian Arms
- Year Built
- 1963
Property Description
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.
Additional Information
- School District
- Mesa Unified District
- Community Features
- See Remarks
- Construction
- Painted, Block
- Cooling
- Central Air, Electric
- Electric
- SRP
- Flooring
- Ceramic Tile, Vinyl
- Heating
- Electric
- New Financing
- CTL, Conventional, 1031 Exchange, FHA, VA Loan
- Parking Features
- Paved, Add'l Parking Avail, >1 Space Per Unit, On Street
- Roofing
- Composition
- Sewer
- Public Sewer
- Subdivision
- Indian Arms
- Taxes
- $1,533
- Tax Year
- 2022
- Units
- 4
- Water
- City Franchise
- Zoning
- Multi
Courtesy of ATLAS AZ, LLC. 602-481-0648 Selling Office: RETSY.
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.