Browse All Mesa AZ Multi-Family Properties for Sale

A beautiful craftsman duplex designed for the modern family. 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.

450 S Crismon Road, Mesa

$595,000

0 Baths ⋅ 6761668 MLS

2 well maintained units that have been used as office space for the last 17 years. One 2 bed/1 bath unit and one 1 bed/1 bath unit. Value-add of potentially building another unit in the large backyard, please verify with City of Mesa. All new underground plumbing as of 9-2023.

1046 E University Drive, Mesa

$649,999

0 Baths ⋅ 6760318 MLS

725 W 5th Avenue, Mesa

$520,000

0 Baths ⋅ 6756621 MLS

Don't miss out on this great investment opportunity! Nicely updated duplex; 2bd/1b and 1bd/1b. This property is great for owner occupied or an investor. Units have recently been updated with new windows, paint, flooring, and some appliances.

864 S Lewis --, Mesa

$375,000

0 Baths ⋅ 6754017 MLS

This duplex consists of two 1bed/1bath units, each approximately 700 sqft, built in 1960. This along with the neighboring property are two individually parceled buildings which include a triplex and a duplex. The neighboring property is 931 N Orange (135-16-053-F). The two buildings neighbor one another and are connected by a single water line. For this reason, these two properties must be sold together. Fantastic opportunity to own multiple units!

935 N Orange --, Mesa

$595,000

0 Baths ⋅ 6754010 MLS

This triplex consists of three 2bed/1bath units, each approximately 957 sqft, built in 1960. This along with the neighboring property are two individually parceled buildings which include a triplex and a duplex. The neighboring property is 935 N Orange (135-16-052-E). The two buildings neighbor one another and are connected by a single water line. For this reason, these two properties must be sold together. Fantastic opportunity to own multiple total units!

931 N Orange --, Mesa

$485,000

0 Baths ⋅ 6747442 MLS

Investment's Delight! Low maintenance Triplex easily rented near employment centers! This property features three 1 bed, 1 bath units, with living Room and newer style Kitchen. The Kitchen has modern style cabinets and countertops. Located in an active area with many local business, as well as shopping, dining, schools, and activities.

440 S Hall --, Mesa

$425,000

0 Baths ⋅ 6746458 MLS

Look no further! This is your chance to become the proud owner of this charming duplex property nestled in Mesa. Carport parking and an easy-care front yard is just the beginning. Unit 1: 3 beds 2 baths, 1400 sq ft. Unit 2: 2 beds 1 bath, 1100 sq ft. Both units are tenant occupied and the leases will remain. Please see reports in Documents section. Drive by only. Please do not disturb the tenants.

234 N Standage --, Mesa

$450,000

0 Baths ⋅ 6746223 MLS

This fully leased duplex is a cash-flowing rarity, with 100% occupancy and long-term tenants at market rents! Whether you're a seasoned pro or a first-time investor, this is your chance to add a solid performer to your portfolio. Both units got a fresh upgrade in 2021 and have been impeccably maintained! Brand new interior and exterior paint, sleek new flooring, newer appliances, updated bathrooms, and even refreshed desert landscaping. Everything's been taken care of for you—this is truly a money-making investment. DRIVE BY ONLY. DO NOT DISTURB TENANTS.

449 N Drew Street, Mesa

$16,500,000

0 Baths ⋅ 6743491 MLS

BRAND NEW TOWNHOMES. The CJ presents a New 2024 Construction Townhome community consisting of 36 three bed ,two and half bath, 2 car garage units and 1 studio unit. Totaling 37 units. High end stainless appliances, custom quality cabinets, quartz countertops, LVP floors, walk in shower with free standing tubs. This property has just been completed and price reflects pre lease up. After lease up price will increase.

3426 E University Drive, Mesa

$2,190,000

0 Baths ⋅ 6742547 MLS

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the 2 houses have 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E and 138-09-059A (one single-family home on its own parcel). Substantial upgrades made in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. 5 of the 6 duplexes have new water heaters. Both single-family homes have new water heaters. Both single-family homes have new roofs w/transferable warranty.

1402 E Dana Avenue, Mesa

$950,000

0 Baths ⋅ 6728850 MLS

Discover an advantageous investment opportunity in Mesa's sought-after rental market with this well-maintained four-unit property. Plus, it is ideal for investors seeking a 1031 exchange or a stable income stream. Located just minutes from downtown Mesa, this desirable multi-family home features recent upgrades, including two newly remodeled units. All units are currently rented, and tenants are responsible for electricity and gas. The apartment mix includes a spacious single-level unit with three bedrooms and two baths, two townhome-style units each with two bedrooms and 1.5 baths, and a private two bedroom, 1.5 bath apartment above the garages. Recent enhancements include new outlets, switches, washer, and dryer hookups, efficient 14 SEER heat pumps, & modern LED exterior lighting. Additional upgrades feature a newer roof, refreshed exterior paint, and two units recently remodeled to attract higher rents. Shared garages have been converted into private single-car garages with openers & remotes, enhancing tenant satisfaction and property value. Residents enjoy a community pool, private patios, garage parking, and professionally maintained landscaping. Detailed Cap Rates and improvement records are available upon request, highlighting strong rental income potential and historical performance. Do not miss this rare opportunity to acquire a turnkey multi-family property in Mesa. Contact the listing Agent if you have any questions or need further assistance!

860 E Brown Road Unit 41, Mesa

$795,000

0 Baths ⋅ 6723235 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. The 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. City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,783 for 2 bedroom units, and $2,414 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $85,584 to $115,872 yearly gross income.

1856 N Spring --, Mesa

$624,999

0 Baths ⋅ 6709630 MLS

This captivating Triplex presents a unique investment opportunity in the great Mesa, Az. Starting with carport parking and a low-maintenance front yard. Each unit features a living & dining room, kitchen, two bedrooms, and a bathroom. Each unit also has its own laundry room w/Washer and dryer. Every unit benefits from a private back patio, fully fenced for added security and privacy, allowing tenants to enjoy their own outdoor space. This triplex is ideally situated to take advantage of Mesa's vibrant local amenities, including shopping centers, parks, and excellent schools, making it not only a wise investment but also a delightful place for residents to call home. With its strong rental history, this property is a standout choice for anyone looking to expand their real estate portfolio.

711 E Marilyn Avenue, Mesa

$1,099,000

0 Baths ⋅ 6694492 MLS

INVESTORS DREAM! This 9-unit multi-family property consists of a large lot with room to build and add more units. Please do not disturb tenants, Drive by only.

228 N Macdonald --, Mesa

$869,000

0 Baths ⋅ 6678137 MLS

Do Not Disturb Tenants, Inspection period will start after acceptance of contract.. Drive by only

45 N Phyllis Street Unit 209, Mesa

$825,000

0 Baths ⋅ 6667641 MLS

Well cared for and updated 5 plex consisting of 3 separate buildings: 2 duplexes and a standalone building with a fenced yard. All units are 2 bedrooms, 1 bath. Each unit features individual laundry hookups. The buildings are all block construction with pitched roofs for lower maintenance. Located south of downtown Mesa, near employment, freeway, and light rail access.

422 S Wilbur Street, Mesa

$3,950,000

0 Baths ⋅ 6658864 MLS

GREAT OPPORTUNITY TO OWN THE EAST MESA INN MOTEL -- A TURN-KEY 24-UNIT MOTEL WITH 1700 SQ.FT. OWNER'S RESIDENCE ON SITE! FOUR 9,000 SQ. FT. LOTS. THE 2ND-STORY BUILDING WAS BUILT IN 1998. TEN KITCHENETTES. ALL ROOMS HAVE REFRIGERATORS & MICROWAVES. MANY UPGRADES INCLUDING NEW ASPHALT PARKING LOT (2023). NEW 16' X 30' PATIO AREA AWNING FOR OWNER'S SUMMER ENJOYMENT. GUEST ROOMS HAVE UP-TO-DATE KEYLESS ENTRY (NO LOST KEYS!). LAUNDRY ROOM FOR TENANTS. POTENTIAL FOR ADDITIONAL ROOMS TO BE ADDED. GREAT LOCATION -- BUSINESS IS CONVENIENTLY LOCATED TO SR 60 AND THE 202. NINETY PERCENT+ OCCUPANCY. NEW OWNER HAS ROOM TO INCREASE RATES. THIS IS AN ESTABLISHED MOTEL WITH CONSISTENT RETURNING GUESTS.

8019 E Main Street, Mesa

$508,999

0 Baths ⋅ 6618359 MLS

FULLY OCCUPIED-Updated Duplex Investment Opportunity. White Shaker Cabinets, Vinyl Flooring, Tile bathroom surrounds and floors. Both Units have private backyards with laundry inside each unit. Previous Owner installed 2 new AC Units, 2 New Hot Water Heaters and re-coated roof. Both Units have similar finishes.

453 W University Drive, Mesa

$599,999

0 Baths ⋅ 6115964 MLS

540 S Wilbur --, Mesa

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