Sunrise on 6th | Duplex Investment Opportunity | Below Market Rents in a Prime Central Mesa Location
Grace Commercial Real Estate is proud to present Sunrise at 6th, a value-add duplex investment located in the heart of Mesa. This single-level, garden-style property features two spacious 2-bedroom, 1-bathroom units with private entrances and dedicated parking, making it an ideal asset for investors seeking long-term stability with rental upside. Investment Overview:
Unit 1 is currently leased at $1,230 per month and was fully renovated in 2019, including new countertops, cabinetry, bathroom upgrades, fresh paint, updated doors, and closet hardware. The AC unit was replaced in 2023, and the unit includes an in-unit washer/dryer.
Unit 2 is leased at $1,028 per month to long-term tenants who have occupied the property since acquisition in 2014. While it has not been remodeled, it offers significant upside through renovation. The AC unit was replaced in 2024, and this unit also includes a washer/dryer.
Current rents are below market, presenting a clear value-add opportunity for investors looking to improve interiors and increase cash flow.
Location Highlights:
Positioned just minutes from Downtown Mesa, this centrally located property provides easy access to major freeways including the Loop 202 and US-60, public transportation, shopping, and dining. Its proximity to growing employment corridors, educational institutions, and cultural venues supports strong and consistent rental demand.
With long-term tenancy in place, low operating costs, and clear potential to increase income, Sunrise at 6th offers a compelling opportunity to secure a well-located duplex with solid fundamentals and immediate value enhancement potential.
All facts and figures to be verified by buyer.
For sale
$450,000
421 E 6th Dr, Mesa, AZ 85204
4beds
1baths
1,500sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
Dedicated parkingUpdated doorsFresh paintPrivate entrancesNew countertopsCloset hardwareBathroom upgrades
- 24 days
- on Zillow |
- 455 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 08:26pm
Listed by:
Sophia J Willets 561-269-9525,
Grace CRE,
Garrett Pedicini 602-791-9497,
Grace CRE
Source: ARMLS,MLS#: 6894120

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Parking
- Total spaces: 4
- Parking features: >1 Space Per Unit
- Uncovered spaces: 4
Lot
- Size: 7,131 Square Feet
- Dimensions: 7131
Details
- Parcel number: 13924173
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Wood Frame, Painted, Stucco, Brick
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Electric: SRP, City Electric, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: HAWS REPLAT
Location
- Region: Mesa
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $328,100
- Annual tax amount: $835
- Date on market: 7/18/2025
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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