Listing Details:
Listing ID: 6982461
Updated: 2/15/2026 5:33pm
| Status | Active/For Sale |
| Days On Market | 12 |
| Taxes | $1,501.00 |
| HOA | $0.00/******** |
| Type | N/A |
| Open Parking | 4 |
| Year Built | 1985 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Orchard Brokerage |
Description:
Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+.
Property Location:
Listed By: Orchard Brokerage | Your Arizona Realtor, Eric Williamson 602-435-6708
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
