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1138 E 2ND Street Mesa, AZ 85203
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Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Suburban Gardens 2
MLS Listing ID 6861620
Sold Date 10/15/26
Bedrooms 8
Year Built 1973
Annual Tax Amount $1,543
Tax Year 2024
Lot Dimensions 6897
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
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!
Location
State AZ
County Maricopa
Community Suburban Gardens 2
Area Maricopa
Zoning MULTI
Direction South on Stapley, West on 2nd St
Interior
Heating Other, See Remarks
Cooling Central Air
Flooring Carpet
Appliance Free-Standing Range, Microwave
Exterior
Exterior Feature Sidewalk(s)
Parking Features Carport
Community Features Other, See Remarks
Roof Type Other,Built-Up,Foam,Shake
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
Structure Type Sidewalk(s)
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-20-103
Ownership Fee Simple
Acceptable Financing Other (See Remarks)
Disclosures Other (See Remarks)
Listing Terms Other (See Remarks)
Financing Conventional
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Bought with Keller Williams Integrity First Realty
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