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$900,000
8 Beds 4 Baths 7064367 MLS
Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit, with drain. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots. The current rents are: Unit 1: $1,530 (long term tenant 10+ years) Unit 2: $1,550 (lease ends August 31, 20026) Unit 3: $1,530 (long term tenant 10+ years) Unit 4: $1,650 (lease through Jun 30, 2027)) Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. Last repair on the roof was 7/2026. Fresh exterior paint 10/2024 Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026 Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025. Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025 Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026. Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained. Seller is licensed agent.

457 E 9th Avenue, Mesa

$569,000
7050097 MLS
Turn-Key Investment opportunity in the heart of Mesa! This well-maintained 3-Plex sits in the established Ko Ko Palms neighborhood, built in 1971 and cash-flowing for decades, the kind of long-held, low-turnover asset that's hard to find on the market. Two of the three units carry long-term tenants who've called this property home for over a decade, and the third unit is now vacant, giving a new owner the rare chance to step in and set a fresh, market-rate lease from day one. All three units are 2 bedroom, 1 bath with separate meters for electricity, gas, and trash. Tenants cover their own utilities, keeping operating costs lean for ownership. Unit A (the largest of the three) is home to a 14-year tenant at $1,200/mo, with two covered parking spots side by side in the rear, a private front yard and a large storage unit with washer/dryer hookups. Unit B has been home to a 10-year tenant at $1,100/mo, with one covered parking spot in the rear and two storage units, one with washer/dryer hookups. Unit C is now vacant and move-in ready. Covered parking in the rear ,two storage units, one with washer/dryer hookups, positioned for a new owner to bring in a tenant at today's market rent and boost the property's overall return right out of the gate. Ownership responsibilities are refreshingly simple: landlord covers water only (approx. $150/mo) and a monthly landscaper ($100/mo). Everything else is on the tenants. With two proven, long-term income streams already in place and one unit primed for upside, this is a rare combination of stability and immediate value-add potential in a proven Mesa location. Don't miss it!

536 N Hall --, Mesa

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