615 S Pioneer --, Mesa, AZ 85204

$490,000

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List Price
$490,000
Days on Market
60
Status
ACTIVE
MLS#
7034354
City
Mesa
Subdivision
Lynwood Tract Lots 1-24
Year Built
1980

Property Description

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.

Additional Information

Elementary School
Lowell Elementary School
High School
Mesa High School
Middle School
Kino Junior High School
Community Features
No Pool
Construction
Brick, Wood Frame, Painted, Siding
Cooling
Electric
Electric
City Electric, SRP
Exterior Features
Sidewalk(s)
Heating
Electric
New Financing
FHA, Conventional, No Carry, Cash
Parking Features
Paved, Carport, <1 Space Per Unit
Roofing
Composition
Subdivision
Lynwood Tract Lots 1-24
Taxes
$841
Tax Year
2025
Tenant Pays
Electricity, Cable TV
Units
2
Water
Master Meter
Zoning
M-H

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Inspired Real Estate Life.

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