1138 E 2nd Street, Mesa, AZ 85203
- $720,000
- 8
- BD
- 8
- BA
- List Price
- $720,000
- Price Change
- ▼ $5,000 1787086359
- Days on Market
- 493
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 6861620
- City
- Mesa
- Bedrooms
- 8
- Bathrooms
- 8
- Subdivision
- Suburban Gardens 2
- Year Built
- 1973
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!
/u.realgeeks.media/brandyaguirreaz/Untitled_(500_×_250_px).png)
Additional Information
- Community Features
- Other, See Remarks
- Construction
- Wood Frame, Painted
- Cooling
- Central Air
- Electric
- City Electric
- Exterior Features
- Sidewalk(s)
- Flooring
- Ceramic Tile
- Heating
- Other, See Remarks
- New Financing
- Other (See Remarks)
- Parking Features
- Carport
- Roofing
- Built-Up, Foam, Other, Shake
- Subdivision
- Suburban Gardens 2
- Taxes
- $1,543
- Tax Year
- 2024
- Tenant Pays
- Electricity, Gas
- Units
- 4
- Water
- City Franchise
- Zoning
- MULTI
Courtesy of Professional Real Estate Negotiators. 480-684-3084
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.