501 E 8th Avenue, Mesa, AZ 85204
- $520,000
- Sold Price
- $520,000
- List Price
- $525,000
- Closing Date
- Nov 25, 2025
- Days on Market
- 56
- Status
- CLOSED
- MLS#
- 6926782
- City
- Mesa
- Subdivision
- Millets Green Acres
- Year Built
- 1981
Property Description
Exceptional investment opportunity! Three on 8th is an updated triplex in the heart of Mesa, offering convenient access to the freeway, light rail, Mesa Community College, a plethora of parks and the city's vibrant downtown district. The property features three renovated two-bedroom units, each with off-street parking, private backyards, shared laundry and an additional shared side yard. Improvements include a roof and HVAC systems. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.
Additional Information
- Elementary School
- Holmes Elementary School
- High School
- Mesa High School
- Middle School
- Franklin Junior High School
- Community Features
- Other
- Construction
- Block, Painted
- Cooling
- Electric
- Electric
- SRP
- Flooring
- Ceramic Tile
- Heating
- Electric
- New Financing
- VA Loan, FHA, Conventional, Cash
- Parking Features
- Open, Paved, >1 Space Per Unit
- Roofing
- Composition
- Subdivision
- Millets Green Acres
- Taxes
- $1,001
- Tax Year
- 2024
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection
- Units
- 3
- Water
- City Franchise
- Zoning
- MH
Courtesy of Russ Lyon Sotheby's International Realty. 480-287-5200 Selling Office: Realty ONE Group.
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.