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Overview
Location
Mortgage
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1138 E 2nd St Mesa, AZ 85203
$720,000
ACTIVE UNDER CONTRACTBeds
8
Baths
8
Sqft
Year
1973
Days on Site
377 Days
Property Type
Multiple Dwellings
Sub Type
Date Listed
May 5, 2025
Description of 1138 E 2nd St, Mesa, AZ 85203
Listing details for 1138 E 2nd St, Mesa, AZ 85203 : 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!
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Listing Updated : 09-02-2026 at 11:30 AM MST
Listing Provided By : Dale Eames, 480-330-3485, Professional Real Estate Negotiators
Source :
ARMLS, MLS#: 6861620
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$720,000
MLS #ID
6861620
Price
$720,000
Bedrooms
8
Bathrooms
8
Square Footage
Year
1973
Days on Site
377 Days
Property Type
Multiple Dwellings
Property Sub Type
Price per Sq Ft
$0
Date Listed
May 5, 2025
Location
Street Address
1138 E 2nd St
City
State
Arizona
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
South on Stapley, West on 2nd St
Schools
School District
Home Specification
Bedrooms
8
Construction / Architecture
Year Built
1973
Construction Materials
Wood Frame and Painted
Roof
Other, Built-Up, Foam and Shake
New Construction
No
Price per Sq Ft
$0
Lot Dimensions
6897
Zoning
MULTI
Interior Details
Flooring
Carpet, Ceramic Tile and Vinyl
Fireplace
No
Heating
Other and See Remarks
Cooling
Central Air
Exterior Details
Garage
No
Total Parking
6
Parking Features
Carport
Patio & Porch Features
Sidewalk(s)
Exterior Features
Sidewalk(s)
Fencing
None
Water Source
City Franchise
Sewer
Public Sewer
Community Features
Other and See Remarks
Additional Features
Road Surface Type
Concrete,Asphalt
Taxes, HOA & Financing
Annual Property Tax
$1,543.00
HOA Fee Includes
None
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For more information on this listing contact us at 480-233-6433
Property History
DateEventPrice
9/2/2026
Status change
$720,000 0%
Source:ARMLS #6861620
ARMLS #6861620 8/18/2026
Price Change
$720,000 -0.7%
Source:ARMLS #6861620
ARMLS #6861620 8/3/2026
Price Change
$725,000 -5.2%
Source:ARMLS #6861620
ARMLS #6861620 5/26/2026
Price Change
$765,000 -1.3%
Source:ARMLS #6861620
ARMLS #6861620 5/5/2025
Listed for sale
$775,000 +124.6%
Source:ARMLS #6861620
ARMLS #6861620 7/7/2017
Sold
$345,000 -1.1%
Source:ARMLS #5585810
ARMLS #5585810 4/5/2017
Listed for sale
$349,000
Source:ARMLS #5585810
ARMLS #5585810Interested in 1138 E 2nd St, Mesa, AZ 85203?
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For more information on this listing contact us at 480-233-6433
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For more information on this listing contact us at 480-233-6433