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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

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    $2,895/mo

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    What's special

    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.

    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#: 6926782MLS Logo

    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