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$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..

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