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$900,000
8 Beds 4 Baths 7064367 MLS
Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots. The current rents are: Unit 1: $1,530 (long term tenant 10+ years) Unit 2: $1,550 (lease ends August 31, 2026) Unit 3: $1,530 (long term tenant 10+ years) Unit 4: $1,650 (lease through Jun 30, 2027)) Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. Last repair on the roof was 7/2026. Fresh exterior paint 10/2024 Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026 Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025. Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025 Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026. Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

457 E 9th Avenue, Mesa

Listing courtesy of Listing Agent: Hana Huynh (480-567-4348) from Listing Office: Better Homes & Gardens Real Estate SJ Fowler.

$370,000
3 Beds 2 Baths 7058315 MLS
Investor special in the desirable 55+ community of Dreamland Villas! This duplex offers excellent potential for investors, contractors, or buyers looking to renovate and build equity. One unit features 2 bedrooms & 1 bath, while the second offers 1 bedroom & 1 bath. Both units are in need of repairs and updating and are being sold As-Is. Each unit includes its own covered carport. Residents have the option to join the Dreamland Villas HOA for access to amenities including a pool, pickleball, shuffleboard, clubs, and year-round activities. Convenient Mesa location close to shopping, dining, golf, medical facilities, and freeway access. Great opportunity for long term investment potential in desirable community.

5220 E Boise Street, Mesa

Listing courtesy of Listing Agent: Marcy Murphy (480-294-5035) from Listing Office: Berkshire Hathaway HomeServices Arizona Properties.

$510,000
4 Beds 16 Baths 7058308 MLS
Investor opportunity in the desirable 55+ community of Dreamland Villas! This fourplex offers four 1-bedroom, 1-bathroom units, each featuring a private covered back patio and an assigned covered carport parking space. Two units are currently tenant occupied, providing immediate rental income, while two vacant units offer the flexibility to renovate and lease at current market rates or place your own tenants. The property has been occupied by long-term tenants and presents an excellent value-add opportunity for investors looking to make cosmetic updates and increase rental potential. Located in a well-established community with an optional HOA that provides access to amenities including a pool, pickleball, shuffleboard, and a variety of social activities.

6035 E Covina Road, Mesa

Listing courtesy of Listing Agent: Marcy Murphy (480-294-5035) from Listing Office: Berkshire Hathaway HomeServices Arizona Properties.

$1,499,900
7053038 MLS
NEWLY BUILT investment 4-plex located in the NEW Community of Balboa Village in East Mesa, it offers 3 beds & 2 baths + powder room. The inviting interior features tons of natural light, 10' & 9' tall ceilings, a neutral palette, wood-look tile flooring downstairs, & plush carpet upstairs. You'll love the seamlessly flowing open layout! The impressive kitchen boasts SS appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry w/crown molding, and an island w/breakfast bar. The main bedroom is downstairs, featuring its own outdoor access & an ensuite with dual sinks & a walk-in closet. The large secondary bedrooms are upstairs, along with a shared full bathroom. PLUS! This gem comes with an attached 1-car garage w/driveway for additional parking!

8232 E University Drive, Mesa

Listing courtesy of Listing Agent: Denver Lane (480-800-0863) from Listing Office: Balboa Realty, LLC.

$569,000
7050097 MLS
Turn-Key Investment opportunity in the heart of Mesa! This well-maintained 3-Plex sits in the established Ko Ko Palms neighborhood, built in 1971 and cash-flowing for decades, the kind of long-held, low-turnover asset that's hard to find on the market. Two of the three units carry long-term tenants who've called this property home for over a decade, and the third unit is now vacant, giving a new owner the rare chance to step in and set a fresh, market-rate lease from day one. All three units are 2 bedroom, 1 bath with separate meters for electricity, gas, and trash. Tenants cover their own utilities, keeping operating costs lean for ownership. Unit A (the largest of the three) is home to a 14-year tenant at $1,200/mo, with two covered parking spots side by side in the rear, a private front yard and a large storage unit with washer/dryer hookups. Unit B has been home to a 10-year tenant at $1,100/mo, with one covered parking spot in the rear and two storage units, one with washer/dryer hookups. Unit C is now vacant and move-in ready. Covered parking in the rear ,two storage units, one with washer/dryer hookups, positioned for a new owner to bring in a tenant at today's market rent and boost the property's overall return right out of the gate. Ownership responsibilities are refreshingly simple: landlord covers water only (approx. $150/mo) and a monthly landscaper ($100/mo). Everything else is on the tenants. With two proven, long-term income streams already in place and one unit primed for upside, this is a rare combination of stability and immediate value-add potential in a proven Mesa location. Don't miss it!

536 N Hall --, Mesa

Listing courtesy of Listing Agent: Nathan Cannon (480-228-7686) from Listing Office: Limitless Real Estate.

$749,999
7045584 MLS
Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!

1861 N Spring --, Mesa

Listing courtesy of Listing Agent: Silvia Del Toro Ochoa (623-760-3742) from Listing Office: My Home Group Real Estate.

$505,000
7034029 MLS
Welcome to your new home in the heart of Mesa, Arizona! This beautifully maintained duplex offers the perfect blend of comfort and convenience, featuring 2 spacious bedrooms and 1 modern bathroom in each unit. Property is currently occupied with strong leases into 2027! Key Features - 2 Bedrooms, 1 Bathroom per Unit: Enjoy ample space with well-appointed bedrooms that provide plenty of natural light and comfort. - AC Units a Few Years Old Stay cool during the warm Arizona summers with air conditioning units that are just a few years old, providing reliable comfort for years to come. - Private Back Yards: Each unit boasts its own private backyard, perfect for outdoor relaxation, gardening, or entertaining guests. Enjoy your own personal oasis

4612 E Camino Street, Mesa

Listing courtesy of Listing Agent: Robert Harris (602-373-2034) from Listing Office: Realty ONE Group.

$1,400,000
7021519 MLS
Sale includes 9 units located at 1142, 1149, and 1150 N April Circle. All 3 triplexes must be sold together. Originally constructed in 1970, the property has been self-managed and maintained by current ownership for over 20 years, resulting in strong physical condition and stable operations. Each property has undergone substantial capital improvements in recent years, including the replacement of all three roofs (2018, 2020, 2021), a majority of HVAC systems, and multiple plumbing upgrades. Each of the units also feature private yards, carport parking, and washer/dryer hookups. The property consists of a mix of spacious one, two, and three-bedroom floorplans, supporting strong in-place rents with historically low turnover. Seller intends to review all offers May 8, 2026.

1142 N April Circle, Mesa

Listing courtesy of Listing Agent: Bradley Skenderian (949-533-5594) from Listing Office: Matthews Real Estate Investment Services.

$715,000
7017638 MLS
This thoughtfully designed build offers two fully separate homes on one lot, making it ideal for multigenerational living, rental income, or house hacking. The front residence features three bedrooms, two bathrooms and attached two car garage. The separate guest house also offers three bedrooms and two bathrooms along with its own attached carport, private entrance, and full privacy. Both homes are fully independent and include private laundry, tile flooring throughout, spray foam insulation, and separate living spaces, providing the feel of two single-family residences rather than a traditional side-by-side duplex. Brand new by GardnerDavila Construction, completed April of 2026.

460 S Pioneer --, Mesa

Listing courtesy of Listing Agent: Kyle Gardner (480-468-6611) from Listing Office: Evergreen Realty LLC.

Selling Office: Non-MLS Office.

$590,000
7013467 MLS
This 3-unit, garden-style property, built in 1972 with solid block construction, offers a desirable unit mix of two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. The asset presents a light value-add opportunity, with two of the three units already featuring in-unit washer and dryer. Major capital improvements have been completed, including a new roof and HVAC systems replaced in 2021. Each unit is individually metered for electricity, helping to minimize operating expenses. The property is ideally located in the rapidly growing Mesa submarket, with close proximity to major healthcare employers, multiple university campuses, and a wide range of retail amenities.

755 N Stewart --, Mesa

Listing courtesy of Listing Agent: Andrew Arambula (602-714-8994) from Listing Office: ABI Multifamily.

Selling Office: My Home Group Real Estate.

$699,000
7012894 MLS
**WELL-MAINTAINED, TURN-KEY** 4-Plex with NO HOA is located in a HIGH-DEMAND, QUITE Mesa neighborhood~The property is PROFESSIONALLY-MANAGED, has LONG-TERM Tenants, resulting in LOW vacancy-rates and REDUCED operating-expenses~ALL (4) units are 2 bed/1 bath, and are individually-metered for electricity~LINEAR parking provides, TWO vehicle-spaces per unit~The ground-floor units include PRIVATE-ENCLOSED yard-areas, two units are FULLY-REMODELED and the other two are UPDATED~The property location offers Tenants a suburban-feel with convenient access to modern amenities such as - Mesa Riverview, Mesa Grand , Superstition Springs and Tempe Marketplace - Westwood High School, Mesa Community College and ASU - Tempe Campus are also nearby~ 101 and 202 interchange, Phoenix Sky Harbor, Mesa Gateway airports, are all close, for easy commuting and traveling~Long-term Tenants have rents "relatively below-market," creating a potential opportunity for value-enhancement in a submarket where renovated and updated units are leasing for OVER $1,375 to $1,500

834 N Cherry -- Unit 1, Mesa

Listing courtesy of Listing Agent: Sherry A McQueen (602-672-0872) from Listing Office: CTS 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.

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