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For sale
  • Price cut: $20K (8/3)
    $755,000

    1138 E 2nd St, Mesa, AZ 85203

    8beds
    2baths
    --sqft
    : 
    Multi Family
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large fenced yardsRemodeled kitchensCarpeted bedroomsAll-tile floorsVinyl floorsNew roof
    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!
    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#: 6861620MLS Logo

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1138 E 2nd St.

    Next available tour time:Today at 11am

    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
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