2042 N Center Street, Mesa, AZ 85201

$850,000
5
BD
3
BA
2,155
SqFt

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Sold Price
$850,000
List Price
$899,000
Status
CLOSED
Days on Market
70
Closing Date
May 07, 2026
MLS#
6988778
Subtype
Residential
Year Built
1971
Bedrooms
5
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,155
Lot Size
43,516
Acres
1
Subdivision
Unknown

Property Description

Unbelievable investment opportunity with scale, flexibility, and strong income potential! Three properties on two parcels totaling .999 acres with flood irrigation, mature citrus trees of multiple varieties, and exceptional usable space. The main house offers nearly 2,200 sq ft with 5 bedrooms, 2.5 baths, and a 3-car garage, plus value-add potential with an easy option to enclose the rear patio for additional livable square footage. The renovated 2 bed/2 bath manufactured home (updated within the last two years) currently rents for $1,200/month, and the separate studio is leased at $410/month. Property also includes a 900 sq ft workshop, 600 sq ft shed, approximately 7,200 sq ft of irrigated grass backyard, and 8 covered carport spaces with ample room to store equipment, vehicles, or run a home-based business. Tenants are willing to sign long-term leases or vacate upon sale, offering maximum flexibility for investors or owner-occupants looking to create a multi-generational compound or income-producing property on nearly an acre -- a rare find with irrigation and serious upside potential.

Additional Information

Interior Features
Full Bth Master Bdrm
Taxes
$1,848
Flooring
Carpet
Heating
Electric, Forced Air
Air Conditioning
Central Air
Exterior Construction
Slump Block, Painted
Stories
1
Garage Spaces
3
Elementary School
Whittier Elementary School
Middle School
Kino Junior High School
High School
Westwood High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Russell Mills (480-205-9855) from Listing Office: Close Pros Real Estate and Management.

Selling Office: HomeSmart.

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.