Exceptional investment opportunity! Three on 8th is an updated triplex in the heart of Mesa, offering convenient access to the freeway, light rail, Mesa Community College, a plethora of parks and the city's vibrant downtown district. The property features three renovated two-bedroom units, each with off-street parking, private backyards, shared laundry and an additional shared side yard. Improvements include a roof and HVAC systems. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.
Sold for $520,000 on 11/25/25
$520,000
501 E 8th Ave, Mesa, AZ 85204
6beds
1baths
1,800sqft
Multi Family
Built in 1981
-- sqft lot
$521,900 Zestimate®
$289/sqft
$1,919 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 06:36pm
Listed by:
David Arustamian 480-209-2615,
Russ Lyon Sotheby's International Realty
Bought with:
Beris L. Godinez, SA647416000
Realty ONE Group
Source: ARMLS,MLS#: 6926782

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 3
- Parking features: Paved, Free, >1 Space Per Unit
- Uncovered spaces: 3
Lot
- Size: 8,745 sqft
- Dimensions: 68.02 x 128.57 x 68.02 x 128.57
Details
- Parcel number: 13930011C
- Zoning: MH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1981
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: Other
Location
- Region: Mesa
- Subdivision: Millets Green Acres
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
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Estimated market value
$521,900