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(602) 769-4725
Real Estate Company
543 W 9th Place, Mesa, AZ 85201
- $750,000
- 8
- BD
- 4
- BA
- Sold Price
- $750,000
- List Price
- $725,000
- Status
- CLOSED
- Days on Market
- 7
- Closing Date
- Nov 16, 2023
- MLS#
- 6606588
- Subtype
- Multiple Dwellings
- Year Built
- 1963
- Bedrooms
- 8
- Bathrooms
- 4
- Subdivision
- Indian Arms
Property Description
Fantastic fourplex in quiet northwest Mesa location. All units are 2/1 with close to 900 square feet and outdoor patio areas. Washer/Dryer hookups in each unit. Large bedrooms with huge closets and extra storage. Long term leases in place with room to grow, but property is already performing at a 6.2% cap rate - a rarity in today's market. By far the best deal on the market today. Property has been professionally managed, improved, and stabilized over the last 3 years of ownership. This plug and play deal will not last long. Main sewer line for unit B just replaced. Unit B currently vacant. Unit D up for renewal in October.
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Additional Information
- Taxes
- $1,533
- Zoning
- Multi
- Flooring
- Ceramic Tile
- Appliances
- Refrigerator, W/D Hookup
- Heating
- Electric
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Block, Painted
- Parking Features
- Paved, On Street, >1 Space Per Unit
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Listing courtesy of Listing Agent: Michael Bennett (805-886-0098) from Listing Office: ATLAS AZ, LLC.
Selling Office: RETSY.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.