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(602) 769-4725
Real Estate Company
1432 E Knoll Circle, Mesa, AZ 85203
- $699,000
- 8
- BD
- 8
- BA
- List Price
- $699,000
- Status
- ACTIVE
- Days on Market
- 10
- MLS#
- 7099050
- Subtype
- Multiple Dwellings
- Year Built
- 1986
- Bedrooms
- 8
- Bathrooms
- 8
- Subdivision
- North Gate Gardens Unit 2
Property Description
This 3,400 sq. ft. individually metered fourplex offers investors a perfect blend of stable, immediate cash flow and substantial value-add potential. Consisting entirely of highly rentable 2-bedroom, 1.5-bathroom units (approx. 850 sq. ft. each), this property is designed for efficient management and maximum tenant appeal. Every unit features washer/dryer hookups and spacious outdoor patio area. Individually metered for both water and electric - because tenants pay their own water and electric, owner utility expenses are kept to an absolute minimum. Two units are currently occupied with long term tenants at market rates. One unit has been updated and will be vacated shortly.
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Additional Information
- Taxes
- $1,887
- Zoning
- RM-3
- Appliances
- Refrigerator, Dishwasher, W/D Hookup, Built-In Electric Oven
- Heating
- Electric
- Air Conditioning
- Electric, Ceiling Fan(s)
- Exterior Construction
- Wood Frame, Stucco
- Parking Features
- Free, Paved, >1 Space Per Unit, Off Street
- Elementary School
- MacArthur Elementary School
- Middle School
- Stapley Junior High School
- High School
- Mountain View High School
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Listing courtesy of Listing Agent: Peter Burch (602-614-5574) from Listing Office: ML CO Realty.
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.