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. New roof with 5yr warranty. 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!
For sale
Price cut: $20K (8/3)
$755,000
1138 E 2nd St, Mesa, AZ 85203
8beds
2baths
--sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large fenced yardsRemodeled kitchensCarpeted bedroomsAll-tile floorsVinyl floorsNew roof
- 94 days
- on Zillow |
- 298 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 04:04pm
Listed by:
Dale Eames 480-330-3485,
Professional Real Estate Negotiators
Source: ARMLS,MLS#: 6861620

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
Heating
- Other, See Remarks
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Microwave
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Has carport: Yes
- Covered spaces: 4
- Uncovered spaces: 2
Lot
- Size: 6,897 Square Feet
- Dimensions: 6897
Details
- Parcel number: 13820103
- Zoning: MULTI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted
- Roof: Other,Built-Up,Foam,Shake
Condition
- Year built: 1973
Utilities & green energy
- Electric: City Electric
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Other, See Remarks
- Subdivision: SUBURBAN GARDENS 2
Location
- Region: Mesa
Financial & listing details
- Tax assessed value: $682,100
- Annual tax amount: $1,543
- Date on market: 5/5/2025
- Listing terms: Other (See Remarks)
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
- Loading
- Loading