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947 W 8th Place, Mesa
$480,000
10 Beds ⋅ 6 Baths ⋅ 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
9 Beds ⋅ 8 Baths ⋅ 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
5 Beds ⋅ 3 Baths ⋅ 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.

414 E Frost Circle, Mesa
$600,000
6 Beds ⋅ 3 Baths ⋅ 6878570 MLS
ABI Multifamily is pleased to present this well-maintained, three-unit property just two miles north of downtown Mesa. The owner is open to offering seller-financing! Ask listing agent for details. Built in 1971, this property boasts (3) 2-bed/1-bath units, each about 842 sq ft, with all long-term tenants on month-to-month agreements. The units are well kept but there's opportunity for a new buyer to upgrade both interior and exterior conditions. The property offers a courtyard for the tenants, a carport with parking in the back, along with individual storage units with washer/dryer hookups. With easy access to downtown Mesa, Country Club Dr, the canal, and Loop-202, this is a great central Mesa location.

414 E Frost Circle, Mesa

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: My Home Group Real Estate.

421 S Wilbur --, Mesa
$600,000
8 Beds ⋅ 7 Baths ⋅ 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.

1138 E 2nd Street, Mesa
$705,000
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 Selling Office: Keller Williams Integrity First Realty.

6206 E Glencove Street, Mesa
$932,700
9 Beds ⋅ 6 Baths ⋅ 6844178 MLS
VA ASSUMABLE LOAN AT 4.25% Beautifully Remodeled Multi-Family Tri-Plex Investment Property in East Mesa! This fully occupied property has been updated to enhance both value and appeal. Each of the three spacious 3-bedroom, 2-bath units features modern upgrades, including stainless steel appliances, individual laundry rooms, and private fenced backyards. Additional amenities include attached storage rooms, individually metered water and electric, and two assigned covered parking spaces per unit. Conveniently located within walking distance to public transportation, with easy access to shopping, dining, and major freeways. A prime investment opportunity with strong rental income. Recent upgrades include, paint, flooring, ceiling fans, kitchen lighting & backsplash, closets, baseboards ect! Also a new shower in unit 2 and backyard in unit 3 was redone with turf

6206 E Glencove Street, Mesa

Courtesy of Two Brothers Realty & Co. 602-413-4753 Selling Office: HomeSmart.

1856 N Spring --, Mesa
$755,000
8 Beds ⋅ 4 Baths ⋅ 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.

546 N Drew Street, Mesa
$425,000
4 Beds ⋅ 3 Baths ⋅ 6837131 MLS
New roof installed in Feb'25 with lifetime shingles and 5 year warranty. New AC & water heaters, all tile flooring. Fully occupied with long term tenants, cash flow positive, current CAP rate at 6.9%, future pro forma to be 7.5%. This duplex features 2 units, one is 1 bedroom, 1 bath. the other is 3 bedrooms, 2 baths. 3 bedrooms unit has a huge 1,200 sqft back yard with 2 sheds. This duplex is poised for continuous appreciation in a growing Mesa area, centrally located near 202, 101 and many nearby attractions. Long term tenants in place with potential to further raise rents to market rents. See P&L details in documents section. Do not disturb tenants, showing by appointments only. The selling agent is a partial owner of the property

546 N Drew Street, Mesa

Courtesy of Fathom Realty. 877-661-1977 Selling Office: Fathom Realty.

660 E 1st Avenue, Mesa
$625,000
6 Beds ⋅ 4 Baths ⋅ 6835951 MLS
$25,000 Price Reduction- Now offered at $625,000! Don't miss out on an incredible opportunity to live in the main house consisting of 3 bedrooms/2 bathrooms/2 carport spaces while collecting Airbnb rental income from the attached 1 bedroom/1 bathroom guest house AND long-term rental income from the 2 bedroom/1 bathroom secondary home (separate address for guest house 68 S. Ashland). Both homes have their own private front and backyards, laundry inside, and separately metered for electric, gas, water, trash, and sewer. Total gross income if all units are rented out is about $4600+/month. The main home has been freshly painted and ready for the new owners to start moving in. The roof is about 8 years old while the AC's are 7 years old in the main house and 1 year old in the smaller secondary homeBoth hot water heaters are from 2023. In addition there is a finished basement with extra storage not included in the sq ft. Come take a look!

660 E 1st Avenue, Mesa

Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: Romano Realty LLC.

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