750 E 1st Avenue, Mesa, AZ 85204

$2,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$2,000,000
List Price
$2,400,000
Closing Date
Jul 21, 2026
Days on Market
148
Status
CLOSED
MLS#
6989123
City
Mesa
Subdivision
Chula Vista Amd
Year Built
1978

Property Description

750 E 1st Avenue presents a 16 unit multifamily investment opportunity in the heart of Mesa, Arizona. Offering stable in-place income with clear operational upside. Comprised of a desirable mix of studio and 1bed/1bath units, the property is well positioned to capitalize on continued rental demand in a strong workforce housing corridor. Located just minutes from Downtown Mesa, light rail access, major freeways, and expanding retail and employment hubs, the asset combines dependable cash flow with long term growth potential in one of the East Valley's most active submarkets.

Additional Information

Community Features
No Pool
Construction
Block, Painted, Stucco
Cooling
Central Air, Electric, Varies by Unit, Ceiling Fan(s)
Electric
SRP
Heating
Electric, Varies by Unit
New Financing
Conventional, Cash
Parking Features
>1 Space Per Unit
Roofing
Composition, Foam
Subdivision
Chula Vista Amd
Taxes
$298
Tax Year
2025
Tenant Pays
Electricity
Units
16
Water
City Franchise
Zoning
MF or FBC T4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Orion Investment Real Estate. Selling Office: Orion Investment Real Estate.

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.