501 E 8th Avenue, Mesa, AZ 85204
- $520,000
- Sold Price
- $520,000
- List Price
- $525,000
- Closing Date
- Nov 25, 2025
- Days on Market
- 56
- Status
- CLOSED
- MLS#
- 6926782
- City
- Mesa
- Subdivision
- Millets Green Acres
- Year Built
- 1981
Property Description
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.
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Additional Information
- Elementary School
- Holmes Elementary School
- High School
- Mesa High School
- Middle School
- Franklin Junior High School
- Community Features
- Other
- Construction
- Block, Painted
- Cooling
- Electric
- Electric
- SRP
- Flooring
- Ceramic Tile
- Heating
- Electric
- New Financing
- VA Loan, FHA, Conventional, Cash
- Parking Features
- Open, Paved, >1 Space Per Unit
- Roofing
- Composition
- Subdivision
- Millets Green Acres
- Taxes
- $1,001
- Tax Year
- 2024
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection
- Units
- 3
- Water
- City Franchise
- Zoning
- MH
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Listing courtesy of Russ Lyon Sotheby's International Realty. Selling Office: Realty ONE Group.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.