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Browse All Mesa AZ Multi-Family Properties for Sale

$399,900
7058538 MLS ⋅ Mesa SubDv. ⋅ ACTIVE Status
This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.

102 S Pomeroy Street, Mesa
$370,000
7058315 MLS ⋅ Dreamland Villa 3 Lots 133-232 Tr C D E F SubDv. ⋅ ACTIVE Status
Investor special in the desirable 55+ community of Dreamland Villas! This duplex offers excellent potential for investors, contractors, or buyers looking to renovate and build equity. One unit features 2 bedrooms & 1 bath, while the second offers 1 bedroom & 1 bath. Both units are in need of repairs and updating and are being sold As-Is. Each unit includes its own covered carport. Residents have the option to join the Dreamland Villas HOA for access to amenities including a pool, pickleball, shuffleboard, clubs, and year-round activities. Convenient Mesa location close to shopping, dining, golf, medical facilities, and freeway access. Great opportunity for long term investment potential in desirable community.

5220 E Boise Street, Mesa
$510,000
7058308 MLS ⋅ Dreamland Villa 11 SubDv. ⋅ ACTIVE Status
Investor opportunity in the desirable 55+ community of Dreamland Villas! This fourplex offers four 1-bedroom, 1-bathroom units, each featuring a private covered back patio and an assigned covered carport parking space. Two units are currently tenant occupied, providing immediate rental income, while two vacant units offer the flexibility to renovate and lease at current market rates or place your own tenants. The property has been occupied by long-term tenants and presents an excellent value-add opportunity for investors looking to make cosmetic updates and increase rental potential. Located in a well-established community with an optional HOA that provides access to amenities including a pool, pickleball, shuffleboard, and a variety of social activities.

6035 E Covina Road, Mesa
$585,000
7055927 MLS ⋅ Greenfield Estates Unit 2 SubDv. ⋅ ACTIVE Status
Great opportunity to buy a rare 3plex with all units fully occupied producing income immediately. Two one bedroom units and one 3 bedroom unit, both are rare and easy to rent because of it. Exterior was just painted 07/09/2026.

4804 E Caballero Circle, Mesa
$1,499,900
7053038 MLS ⋅ Project 4 SubDv. ⋅ PENDING Status
NEWLY BUILT investment 4-plex located in the NEW Community of Balboa Village in East Mesa, it offers 3 beds & 2 baths + powder room. The inviting interior features tons of natural light, 10' & 9' tall ceilings, a neutral palette, wood-look tile flooring downstairs, & plush carpet upstairs. You'll love the seamlessly flowing open layout! The impressive kitchen boasts SS appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry w/crown molding, and an island w/breakfast bar. The main bedroom is downstairs, featuring its own outdoor access & an ensuite with dual sinks & a walk-in closet. The large secondary bedrooms are upstairs, along with a shared full bathroom. PLUS! This gem comes with an attached 1-car garage w/driveway for additional parking!

8232 E University Drive, Mesa
$575,000
7050861 MLS ⋅ Apache Paradise Unit 4 SubDv. ⋅ CLOSED Status
NEW CONSTRUCTION duplex designed for the modern family. Built in 2025. Two units, each are 960 sq ft with 3 bed/ 2 bath. Loads of features include granite counter tops, tile throughtout home, tile showers, inside washer and dryer hookups and much more.

324 S 97th Way, Mesa
$569,000
7050097 MLS ⋅ Ko Ko Palms 2 Lots 34-76 SubDv. ⋅ ACTIVE Status
Turn-Key Investment opportunity in the heart of Mesa! This well-maintained 3-Plex sits in the established Ko Ko Palms neighborhood, built in 1971 and cash-flowing for decades, the kind of long-held, low-turnover asset that's hard to find on the market. Two of the three units carry long-term tenants who've called this property home for over a decade, and the third unit is now vacant, giving a new owner the rare chance to step in and set a fresh, market-rate lease from day one. All three units are 2 bedroom, 1 bath with separate meters for electricity, gas, and trash. Tenants cover their own utilities, keeping operating costs lean for ownership. Unit A (the largest of the three) is home to a 14-year tenant at $1,200/mo, with two covered parking spots side by side in the rear, a private front yard and a large storage unit with washer/dryer hookups. Unit B has been home to a 10-year tenant at $1,100/mo, with one covered parking spot in the rear and two storage units, one with washer/dryer hookups. Unit C is now vacant and move-in ready. Covered parking in the rear ,two storage units, one with washer/dryer hookups, positioned for a new owner to bring in a tenant at today's market rent and boost the property's overall return right out of the gate. Ownership responsibilities are refreshingly simple: landlord covers water only (approx. $150/mo) and a monthly landscaper ($100/mo). Everything else is on the tenants. With two proven, long-term income streams already in place and one unit primed for upside, this is a rare combination of stability and immediate value-add potential in a proven Mesa location. Don't miss it!

536 N Hall --, Mesa
$463,000
7047873 MLS ⋅ Burk Addition SubDv. ⋅ ACTIVE Status
Conveniently located across from the newly renovated Mesa Temple, this duplex has one bedroom/one bath in front and back each with their own fenced private yard. Ample parking with a drive way, carport and street parking. Well established tenants for three years would like to stay. *Drive by only. Do not disturb tenants! No viewing until accepted contract. All facts and figures are approximate and must be verified by buyer.

216 S Hobson --, Mesa
$370,000
7045588 MLS ⋅ Mesa Arizona SubDv. ⋅ ACTIVE Status
A unique investment opportunity in the heart of Mesa! This versatile property features two separate homes on one lot, offering a total of 6 bedrooms, 2 bathrooms, and approximately 1,784 square feet of living space. Ideal for investors, multi-generational living, or owner-occupants seeking rental income, this property combines flexibility and value. Front house occupied at $1300/mo . Back House occupied at $1000/mo. Buyer to verify all listing information, including schools.

630 S Grand Street, Mesa
$749,999
7045584 MLS ⋅ North Mesa Village SubDv. ⋅ ACTIVE Status
Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!

1861 N Spring --, Mesa
$525,000
7044313 MLS ⋅ Almond Place SubDv. ⋅ ACTIVE Status
Calling all investors!! BRAND NEW ROOF February 2026 & NEWER Exterior Paint in 2025. This Triplex is fully leased out with gross rents totaling $3,194 a month. Triplex has some upgrades over the years with flooring, bathrooms, and PEX plumbing. One unit upstairs and two units downstairs. Downstairs units have private backyards and BASEMENTS, huge attraction for tenants!! Also, plenty of parking in parking lot designated for the three triplex's in this private area tucked back off of Mesa Drive. Owner pays water/sewer/trash and Tenants pay electric. Please do not disturb tenants - drive by only.

532 S Mesa Drive Unit B, Mesa
$410,000
7043483 MLS ⋅ Biggs Add Amd SubDv. ⋅ ACTIVE Status
Two units. One long-term tenant already in place. One vacant. Move in or rent it out. Block construction. LVL throughout. This isn't a traditional duplex where you hear your tenant sneeze. It lives like two houses on one lot. Mirror-image floor plans. One bed, one bath, kitchen, nook, oversized private backyard. Covered parking plus extra spots per unit. Separate entrances, separate fenced yards, separate meters. Tenant covers electric and landscape. The setup does the work. The location seals it. Downtown Mesa, light rail, ASU.

449 N Drew Street E, Mesa
$1,225,000
7042105 MLS ⋅ University Villa East SubDv. ⋅ ACTIVE Status
Built in 1986 of wood-frame and stucco construction, the property offers a unit mix of six (6) two-bedroom/one-bath units and one (1) two-bedroom/two-bath unit. Each unit is individually metered for electricity and features washer and dryer hookups, with select units offering private patios and additional storage space. The property also provides ample parking with nine (9) covered spaces and six (6) guest parking spaces. Major employers in close proximity include the Downtown Mesa ASU Campus, Banner Health, Mesa Riverview, Casino Arizona, Mesa Community College, and the East Valley Institute of Technology.

416 N Roca --, Mesa
$685,000
7040102 MLS ⋅ Oak Park Mesa Unit 2 SubDv. ⋅ ACTIVE Status
Fantastic investment opportunity in Central Mesa. This 4plex features all 2 bed 1 bath units with long term tenants already in place. Current rents are below market but all 4 tenants are on month to month leases, so increasing rents is possible with 30 day notices. All facts and figures approximate, buyer to verify to their satisfaction.

2216 E Broadway Road, Mesa
$590,000
7039964 MLS ⋅ Old West Valley SubDv. ⋅ ACTIVE Status
Great investment opportunity in North/West Mesa. This trip-plex features all 2bed/1bath units with 3 covered parking spots. Building exterior just painted 06/04/2026. All facts and figures approximate, buyer to verify to their satisfaction.

1935 N Center Street, Mesa
$490,000
7034354 MLS ⋅ Lynwood Tract Lots 1-24 SubDv. ⋅ ACTIVE Status
Rare Mesa duplex investment opportunity with strong cash flow potential in a prime central location near the Loop 202, Downtown Mesa, Tempe, shopping, dining and major employment hubs. This multifamily property features a spacious 3-bedroom, 2-bath unit plus a separate 2-bedroom, 1-bath unit, making it ideal for investors, house hackers or multigenerational living. Updated finishes, private parking, low-maintenance setup and RM-2 zoning create flexibility and long-term value. Excellent rental demand area with proximity to ASU, Mesa Community College, Phoenix Sky Harbor and light rail access. Perfect opportunity for rental income, owner-occupant financing or portfolio expansion in one of Mesa's most affordable income-producing markets. Strong upside and flexible investment opportunity. Now.

615 S Pioneer --, Mesa
$505,000
7034029 MLS ⋅ Greenfield Estates Unit 1 SubDv. ⋅ ACTIVE Status
Welcome to your new home in the heart of Mesa, Arizona! This beautifully maintained duplex offers the perfect blend of comfort and convenience, featuring 2 spacious bedrooms and 1 modern bathroom in each unit. Property is currently occupied with strong leases into 2027! Key Features - 2 Bedrooms, 1 Bathroom per Unit: Enjoy ample space with well-appointed bedrooms that provide plenty of natural light and comfort. - AC Units a Few Years Old Stay cool during the warm Arizona summers with air conditioning units that are just a few years old, providing reliable comfort for years to come. - Private Back Yards: Each unit boasts its own private backyard, perfect for outdoor relaxation, gardening, or entertaining guests. Enjoy your own personal oasis

4612 E Camino Street, Mesa
$575,000
7029561 MLS ⋅ Mesa Arizona SubDv. ⋅ ACTIVE Status
INCOME PRODUCING SETUP, 2 KITCHENS, DETACHED 2 STUDIO UNIT GUEST HOUSE, DOWNTOWN MESA Investor-focused opportunity with a remodeled main residence and detached 2 studio unit guest house designed for flexible occupancy and multiple income streams. Property layout supports long-term rental, short-term rental, live/work use, shared housing, or multigenerational occupancy. Two kitchens and separated living areas create strong functionality for maximizing rental potential and tenant flexibility. Interior remodel adds turnkey appeal while minimizing immediate renovation costs. Expansive lot offers additional parking flexibility, outdoor utility, storage options, or future value-add potential. Located in downtown Mesa near light rail access, restaurants, retail, and ongoing redevelopment activity driving continued demand in the area. Strong fit for investors seeking cash flow, house hacking potential, or a property adaptable to multiple rental strategies. Rare opportunity to acquire a flexible income property that stands apart from standard single-family inventory.

146 S Robson --, Mesa
$699,000
7021651 MLS ⋅ Glenwood Parkway SubDv. ⋅ ACTIVE UNDER CONTRACT Status
Brand new house with attached guest house (ADU). High quality build with aesthetically pleasing fixtures and finishes. Each unit has its own private backyard, as well as a garage for the main house which can be shared with the guest house if desired. Fully equipped with stainless steel appliances and low maintenance landscaping.

446 S Pioneer --, Mesa
$1,400,000
7021519 MLS ⋅ Enchanted Village SubDv. ⋅ ACTIVE UNDER CONTRACT Status
Sale includes 9 units located at 1142, 1149, and 1150 N April Circle. All 3 triplexes must be sold together. Originally constructed in 1970, the property has been self-managed and maintained by current ownership for over 20 years, resulting in strong physical condition and stable operations. Each property has undergone substantial capital improvements in recent years, including the replacement of all three roofs (2018, 2020, 2021), a majority of HVAC systems, and multiple plumbing upgrades. Each of the units also feature private yards, carport parking, and washer/dryer hookups. The property consists of a mix of spacious one, two, and three-bedroom floorplans, supporting strong in-place rents with historically low turnover. Seller intends to review all offers May 8, 2026.

1142 N April Circle, Mesa
$730,000
7020608 MLS ⋅ Four Peaks Estates SubDv. ⋅ ACTIVE Status
Beautifully remodeled fourplex in a prime Mesa location! Each unit features updated finishes, refreshed interiors designed for comfort and durability. This turnkey investment offers strong rental appeal with minimal maintenance, making it an excellent opportunity for both new and seasoned investors. Conveniently located near shopping, dining, and major commuter routes. There is a laundry room used by all four units. Also a storage room. See document tab for HOA and rent roll. PLEASE DRIVE BY ONLY. DO NOT DISTURB TENANTS.

2650 E Mckellips Road Unit 241, Mesa
$725,000
7018183 MLS ⋅ Hibbert-Allen Acres Lots 1-4 SubDv. ⋅ ACTIVE Status
Turn-key investment opportunity! This fully renovated 4-unit property (2 duplexes on 2 parcels) features spacious 1-bed/1-bath units with open floor plans, premium finishes, and HUGE private patios. Each unit includes quartz countertops, stainless steel appliances, shaker cabinets, modern flooring, and updated HVAC, roofs, windows, plumbing, and electrical. Sitting on a large 16,089 SF lot with ample parking, just 1/4 mile from Mesa Light Rail. All four units are occupied. Property management in place. Drive by only. Do not disturb tenants.

211 S Doran --, Mesa
$715,000
7017638 MLS ⋅ Glenwood Parkway SubDv. ⋅ CLOSED Status
This thoughtfully designed build offers two fully separate homes on one lot, making it ideal for multigenerational living, rental income, or house hacking. The front residence features three bedrooms, two bathrooms and attached two car garage. The separate guest house also offers three bedrooms and two bathrooms along with its own attached carport, private entrance, and full privacy. Both homes are fully independent and include private laundry, tile flooring throughout, spray foam insulation, and separate living spaces, providing the feel of two single-family residences rather than a traditional side-by-side duplex. Brand new by GardnerDavila Construction, completed April of 2026.

460 S Pioneer --, Mesa
$590,000
7013467 MLS ⋅ Devonshire West SubDv. ⋅ CLOSED Status
This 3-unit, garden-style property, built in 1972 with solid block construction, offers a desirable unit mix of two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. The asset presents a light value-add opportunity, with two of the three units already featuring in-unit washer and dryer. Major capital improvements have been completed, including a new roof and HVAC systems replaced in 2021. Each unit is individually metered for electricity, helping to minimize operating expenses. The property is ideally located in the rapidly growing Mesa submarket, with close proximity to major healthcare employers, multiple university campuses, and a wide range of retail amenities.

755 N Stewart --, Mesa
$699,000
7012894 MLS ⋅ ACTIVE Status
**WELL-MAINTAINED, TURN-KEY** 4-Plex with NO HOA is located in a HIGH-DEMAND, QUITE Mesa neighborhood~The property is PROFESSIONALLY-MANAGED, has LONG-TERM Tenants, resulting in LOW vacancy-rates and REDUCED operating-expenses~ALL (4) units are 2 bed/1 bath, and are individually-metered for electricity~LINEAR parking provides, TWO vehicle-spaces per unit~The ground-floor units include PRIVATE-ENCLOSED yard-areas, two units are FULLY-REMODELED and the other two are UPDATED~The property location offers Tenants a suburban-feel with convenient access to modern amenities such as - Mesa Riverview, Mesa Grand , Superstition Springs and Tempe Marketplace - Westwood High School, Mesa Community College and ASU - Tempe Campus are also nearby~ 101 and 202 interchange, Phoenix Sky Harbor, Mesa Gateway airports, are all close, for easy commuting and traveling~Long-term Tenants have rents "relatively below-market," creating a potential opportunity for value-enhancement in a submarket where renovated and updated units are leasing for OVER $1,375 to $1,500

834 N Cherry -- Unit 1, Mesa
$689,900
7011586 MLS ⋅ Dreamland Villa 14 SubDv. ⋅ ACTIVE Status
Amazing 4 plex opportunity in East Mesa!!! 4 plex is located in a 55+ community!!! The property has always stayed occupied. Unit was built in 1982 with excellent workmanship. Very Low expenses year after year as this is a solid well built property. This is a value ad opportunity with Room for rents to increase. Come make us an offer and make this your next investment today!

5816 E Albany Street Unit 1-4, Mesa
$562,500
7006609 MLS ⋅ East Garden Grove SubDv. ⋅ ACTIVE Status
This 3-unit, garden-style property built in 1960 features a versatile layout with a stand-alone 2-bed, 1-bath casita and a duplex consisting of a 2-bed, 1-bath unit and a 1-bed, 1-bath unit. The interiors have been thoughtfully upgraded, with each unit offering in-unit washer and dryer. Situated on a corner lot with mature landscaping, the property also benefits from individually metered electricity to help keep expenses low. Located in the growing Mesa submarket, it offers close proximity to major healthcare employers, university campuses, and retail amenities, making it an attractive option for both tenants and investors.

1357 W Garden Circle, Mesa
$1,260,000
7003723 MLS ⋅ CLOSED Status
La Jolla Villas offers a rare opportunity to acquire a partially renovated multifamily asset with both immediate upside and long-term growth potential. Located at 1500 E Dana Ave in Mesa, AZ, the property features 7 garden-style units renovated in 2022, paired with approved site plans for 8 additional 2bed/2bath units on the adjacent parcel, one of the most sought-after unit types in today's rental market. The existing unit mix (1 studio, 1 bed/1bath, 3 2bed/1bath, 1 2bed/1.5bath, and 1 3bed/2bath) provides immediate income stability, while the entitled development component offers a clear path to increased density and long-term value creation.

1500 E Dana Avenue, Mesa
$575,000
7002732 MLS ⋅ Enchanted Village SubDv. ⋅ ACTIVE Status
Prime Investment Opportunity! This fully remodeled duplex in North Mesa delivers an impressive 8% cap rate and multiple high-performing rental strategies. Situated on a quiet July Circle cul-de-sac, this property features two updated units designed for strong, consistent cash flow and minimal vacancy. Both units offer modern finishes, efficient layouts, and private backyard spaces--ideal for traditional long-term tenants, furnished mid-term rentals, traveling professionals, or even a pad-split configuration to maximize income. With ample parking and low-maintenance landscaping, this property is built for streamlined management and stable returns. A turnkey, high-yield asset--opportunities like this are rare! For an owner occupant ask us about the $5K grant available for this duplex! This building is by far the best looking building in the neighborhood with endless possibilities.

1063 N July Circle, Mesa
$760,000
7002414 MLS ⋅ Heritage Estates Unit 2 SubDv. ⋅ CLOSED Status
Fully lease, stabilized and profesionally manged fourplex at 816 N Revere delivering immediate cash flow with strong, in place income. Current gross rents of $5,500 are supported by long term tenants and sustainable market rents, making this a turnkey investment with both stability and upside potential. The property offers a highly desirable unit mix featuring one 3 bedroom 2 bathroom unit with a 1 car garage and three 2 bedroom 2 bathroom units. All units include in unit washer and dryer and offer spacious, functional floor plans that enhance tenant retention and overall rental appeal. Recent upgrades have already been completed, including new LVP flooring, updated kitchens with quartz countertops, along with exterior improvements such as fresh paint and enhanced landscaping. This provide a clean, modern asset with minimal immediate capital expenditures. Centrally located in the heart of Mesa with quick access to Loop 202 and Loop 101, and just minutes from Tempe and Mesa Riverview, the property benefits from strong rental demand and excellent accessibility. Turnkey, fully leased, and built for performance, this is a rare opportunity to acquire a well maintained fourplex with proven income, quality tenants, and long term investment strength.

816 N Revere --, Mesa
$685,000
7000701 MLS ⋅ Beall Park 2 SubDv. ⋅ CLOSED Status
Stabilized, turnkey 4-plex offering immediate cash flow. Recent upgrades include a brand-new roof with transferable warranty, five new water heaters, renovated units and fresh exterior paint, minimizing near-term maintenance. The property is 100% occupied. Ideal for investors seeking a low-maintenance, professionally managed asset.

82 W Southern Avenue, Mesa
$669,000
7000699 MLS ⋅ Beall Park 2 SubDv. ⋅ ACTIVE Status
Stabilized, turnkey 4-plex offering immediate cash flow. Recent upgrades include a brand-new roof with transferable warranty, fresh exterior paint, renovated units and landscaping. The property is 100% occupied. Ideal for investors seeking a low-maintenance, professionally managed asset.

72 W Southern Avenue, Mesa
$715,000
6995806 MLS ⋅ University Villa East SubDv. ⋅ CLOSED Status
3142 E Cicero St is a 4-unit garden-style property, constructed in 1984. It features a desirable unit mix of 100% 2-bed/1-bath apartments, each offering 880 square feet of living space. Units have been upgraded and modernized to include new flooring, cabinets, countertops, appliances, and other interior enhancements. Each apartment also benefits from an individual laundry room with a full-size washer and dryer. The property includes ample on-site parking and is individually metered for electricity. Additional capital improvements include a brand-new roof installed in 2025 & new AC's and water heaters in 2019. Located in the rapidly growing Mesa submarket, with close proximity to major healthcare employers, multiple university campuses, and various shopping, dining & entertainment options.

3142 E Cicero Street, Mesa
$699,000
6989180 MLS ⋅ Glenwood Parkway SubDv. ⋅ ACTIVE UNDER CONTRACT Status
Brand new house with attached guest house (ADU). High quality build with aesthetically pleasing fixtures and finishes. Each unit has its own private backyard, as well as a garage for the main house which can be shared with the guest house if desired. Fully equipped with stainless steel appliances and low maintenance landscaping.

454 S Pioneer --, Mesa
$2,000,000
6989123 MLS ⋅ Chula Vista Amd SubDv. ⋅ CLOSED Status
750 E 1st Avenue presents a 16 unit multifamily investment opportunity in the heart of Mesa, Arizona. Offering stable in-place income with clear operational upside. Comprised of a desirable mix of studio and 1bed/1bath units, the property is well positioned to capitalize on continued rental demand in a strong workforce housing corridor. Located just minutes from Downtown Mesa, light rail access, major freeways, and expanding retail and employment hubs, the asset combines dependable cash flow with long term growth potential in one of the East Valley's most active submarkets.

750 E 1st Avenue, Mesa
$4,650,000
6989104 MLS ⋅ Green Acres Re-Platted SubDv. ⋅ ACTIVE Status
The Riggs Circle Apartments consists of 25 units, all 2bed/1bath with private yards and washer/dryer in unit. The garden style property has covered parking and an on site pool for tenant amenities. 16 of the 25 units have now been renovated and the property is fully occupied.

510 N Horne --, Mesa
$537,500
6986665 MLS ⋅ Enchanted Village SubDv. ⋅ CLOSED Status
**SELLER FINANCING OPTION. ** Fantastic investment opportunity in Mesa! This well-maintained duplex sits on a desirable cul-de-sac lot, with the front unit A is currently occupied, offering immediate rental income. Each unit features a spacious 2-bedroom, 2-bathroom layout with detached interior laundry. Unit B, located at the rear, includes an expansive enclosed patio and additional paved parking with convenient alley access. Both units offer covered carport parking and includes a full roof replacement in 2018 and interior updates completed in 2020. With strong rental history and functional layouts, this property presents an excellent opportunity for investors or owner-occupants looking to offset their mortgage with income.

1129 N Wedgewood Circle, Mesa
$700,000
6974058 MLS ⋅ University Villa East SubDv. ⋅ CLOSED Status
Strong income potential in Mesa! This well-maintained property offers four spacious 2-bedroom, 2-bath units with tenant friendly layouts that are easy to rent and easy to manage. Pride of ownership shines throughout, supporting consistent rental demand. Located in an established, high-demand Mesa neighborhood near shopping, dining, parks, and freeways. An opportunity to add a reliable, income-producing property to your portfolio!

3050 E Cicero Street, Mesa
$660,000
6974054 MLS ⋅ North Gate Gardens SubDv. ⋅ CLOSED Status
IGNORE DAYS ON MARKET, BUYER COULD NOT PERFORM!! BRAND NEW ROOF 3/3/26. No HOA. Charming, well-maintained four-plex nestled in a desirable Mesa 85203 neighborhood. Each unit offers a comfortable 2-bedroom, 1-bath layout and the property is fully tenant occupied, providing immediate rental income. Pride of ownership shines throughout with consistent care and thoughtful maintenance. Located near local shops, dining, schools, and easy freeway access, this is a wonderful opportunity to own a solid multifamily asset in an established, high-demand area.

2020 N Hunt Circle, Mesa
$580,000
6969097 MLS ⋅ El Cortez Mobile Home Ranchos 2 SubDv. ⋅ CLOSED Status
NEW CONSTRUCTION duplex designed for the modern family. Great investment property. Tenants are already in place. Built in 2025. Two units, each are 960 sq ft with 3 bed/ 2 bath. Loads of features include granite counter tops, tile throughtout home, tile showers, inside washer and dryer hookups and much more. Tenants are already in place.

150 N 88th Place, Mesa
$580,000
6969090 MLS ⋅ El Cortez Mobile Home Ranchos SubDv. ⋅ CLOSED Status
NEW CONSTRUCTION duplex designed for the modern family. Great investment property. Tenants are already in place. Built in 2025. Two units, each are 960 sq ft with 3 bed/ 2 bath. Loads of features include granite counter tops, tile throughtout home, tile showers, inside washer and dryer hookups and much more. Tenants are already in place.

214 N 88th Place, Mesa
$1,350,000
6967157 MLS ⋅ Project 4 SubDv. ⋅ CLOSED Status
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
$1,350,000
6967139 MLS ⋅ Project 4 SubDv. ⋅ CLOSED Status
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
$1,499,900
6967134 MLS ⋅ Project 4 SubDv. ⋅ ACTIVE Status
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
$835,000
6966306 MLS ⋅ Sun Gardens Replat SubDv. ⋅ CLOSED Status
**WELL-MAINTAINED** 4-Plex is located in the HEART of Central-Mesa's multi-family market~The Sun Gardens Community was originally built-in 1980 & is a TURN-KEY, EXCEPTIONAL Investment Opportunity~Tenants enjoy, UPDATED/REMODELED units w/PRIVATE-YARD areas, GARAGE parking & (3) units have washer/dryer~The property has a UNIQUE-MIX of (3) LARGE 2/1.5 bath units w/(2) being TOWNHOME style & (1) 3/2 bath unit~Each building is sub-metered for water through HOA, this enables NEW Owner to BILL Tenants DIRECTLY for water & Tenants also pay electricity & gas - The HOA is FAVORABLE at $525 per mo., which includes sewer, trash, common-area maintenance & pool service~ The Sun Gardens Community is close-to, such local-attractions as: The Oakland A's Spring Training facility, Mesa Country Club & Mesa Riverview shopping center!

860 E Brown Road Unit 65, Mesa
$445,000
6965834 MLS ⋅ Enchanted Village SubDv. ⋅ CLOSED Status
Secure a foundational property in the heart of Mesa's 85203 corridor. Positioned on a premier cul-de-sac corner lot. Setup with prioritizes tenant privacy and long-term retention. Unlike standard duplexes, this property offers a ''single-family'' lifestyle with completely separate entrances, individual fenced-in side yards, and separated parking for each unit. The exterior is anchored by mature welcoming landscaping with separated private yards and includes dedicated exterior storage. Solid block construction and durable tile flooring throughout ensure low-maintenance turns and lasting value. Whether you're looking to scale your portfolio or execute a high-level house-hack, this is the place. No long term leases in place, will be vacant at closing. Reach out today!

1107 N July Circle, Mesa
$538,500
6964700 MLS ⋅ Beall Park 2 SubDv. ⋅ CLOSED Status
Opportunity knocks in one of Mesa's strongest rental corridors. This block-construction fourplex features four spacious 2-bed / 1-bath units, excellent visibility with Southern Ave frontage, and consistent demand thanks to its prime location. Each unit offers ceramic tile flooring throughout, individual electric meters, and washer/dryer hookups. Tenants appreciate the convenience, while owners love the durability and low-maintenance finishes. The property also includes an oversized 4-car covered parking area, providing valuable shade. There is deferred maintenance, and the property is being sold as-is, but the upside is clear for the investor willing to improve and reposition.... With strong rental fundamentals in the area and solid bones, this asset is poised to perform as part of any growing portfolio. Bonus: The neighboring property at 72 W Southern Ave is also available, presenting the rare chance to scale in a high-demand location. Add value, raise returns, and secure your next long-term hold right here in Mesa.

82 W Southern Avenue, Mesa
$539,500
6964692 MLS ⋅ Beall Park 2 SubDv. ⋅ CLOSED Status
Opportunity knocks in one of Mesa's strongest rental corridors. This block-construction fourplex features four spacious 2-bed / 1-bath units, excellent visibility with Southern Ave frontage, and consistent demand thanks to its prime location. Each unit offers ceramic tile flooring throughout, individual electric meters, and washer/dryer hookups. Tenants appreciate the convenience, while owners love the durability and low-maintenance finishes. The property also includes an oversized 4-car covered parking area, providing valuable shade. There is deferred maintenance, and the property is being sold as-is, but the upside is clear for the investor willing to improve and reposition.... With strong rental fundamentals in the area and solid bones, this asset is poised to perform as part of any growing portfolio. Bonus: The neighboring property at 82 W Southern Ave is also available, presenting the rare chance to scale in a high-demand location. Add value, raise returns, and secure your next long-term hold right here in Mesa.

72 W Southern Avenue, Mesa
$1,549,000
6964033 MLS ⋅ Mesa Arizona SubDv. ⋅ CLOSED Status
Price Reduced, 5 Duplex's Single Level Near Downtown Mesa with Excess Land. 2025 Updates and Renovations. This Has Great Potential for Investor or Developer. Excess Land is in the Rear and East Side of Property. Close to Lots of Entertainment and Downtown Mesa is currently seeing significant investment due to the Light Rail extension and the 'Mesa Arts District' revitalization. There is Currently Newer Buildings Surrounding and Even Under Construction. Many Updates Include Some Air Conditioners, All Windows, Roofs Repairs or Replacement and Much More. Light Rail and Many Public Buildings Are Walking Distance. Tenant Attraction is No Issue with So Much in the Way of Activities. All Information is Approximate and Buyers to Verify to Their Satisfaction.

202 E 2nd Avenue, Mesa
$240,000
6962917 MLS ⋅ CLOSED Status
Welcome to 730 W Pepper Place, a rare investment opportunity in one of Mesa's most established neighborhoods! This charming triplex blends vintage character with excellent income-producing potential, offering three separate one-bedroom, one-bath units across a spacious lot framed by mature trees and traditional block construction. With no HOA restrictions and plenty of room to enhance or expand, this property is the perfect canvas for investors eager to maximize returns. Each unit features a comfortable layout with a living room, kitchen, and private bedroom and bathroom, making them ideal for steady rental income. Over the years, the property has benefited from improvements such as roof work and sewer line repairs, and it is fully serviced by city utilities for water, sewer, and gas. Set on a 7,405-square-foot lot, the property offers privacy, ample parking, and space for future upgrades. Its location adds even more appeal, with Downtown Mesa's vibrant mix of dining, shopping, and cultural venues just minutes away, as well as convenient light rail and freeway access. Nearby schools and parks further strengthen its long-term rental demand. Whether you are a seasoned investor seeking to expand your portfolio or someone eager to restore a piece of Mesa history, 730 W Pepper Place provides the foundation for long-term value. With strong neighborhood appeal, and untapped potential, this triplex is your chance to own a classic Mesa property with endless opportunity. Each of the 3 units has its own electric meter. There is 1 water meter for the whole property.

730 W Pepper Place, Mesa
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Mesa Multi-Family Real Estate