Browse All Mesa AZ Multi-Family Properties for Sale

Great investment opportunity. 100% occupied. 3 units have newer AC units. 3 Dishwashers were replaced within the past two years. All units have spacious, private rear patios. Low maintenance. All tenants are responsible for electricity. Seller is responsible for Water/Trash.

415 N 64th Place, Mesa

$495,000

6620855 MLS

Great investment/owner occupied opportunity! 2 bedroom 2 bath on each side! Inside large laundry/utility room. Unit #1 has a fireplace.Complete renovation just finished on Unit #1 of the Duplex, New paint, doors, cabinets, fixtures, flooring, ceiling fans and appliances. Unit #2 was renovated 5 years ago.

619 S Pioneer Street, Mesa

$529,999

6618359 MLS

Recently Remodeled Duplex Investment Opportunity. Shaker Cabinets, Vinyl Flooring, Tile bathroom surrounds and floors. Home is move in ready! 2 Bedroom Unit is currently rented and 1 bedroom is vacant. Current owners have an FHA Loan that may be assumable, buyer to verify with lender. Previous Owner installed 2 new AC Units, 2 New Hot Water Heaters and re-coated roof.

453 W University Drive, Mesa

$399,000

6618300 MLS

7.8% RETURN ON INVESTMENT! +++7.8% CAP+++ Great investment! Location location location! In the heart of Mesa close to downtown, Mesa Community College, walking distance to stores and restaurants, super close to the light rail train stop. $1,300 A MONTH PER UNIT! Walking distance to schools as well. One unit is fully and beautifully remodeled. Newer roof, newer AC units, TRUE DUPLEX with individual meters and separate driveways. If you install a dividing fence, each unit ends up with ample private backyard.

14 N Horne Street, Mesa

$533,000

6614508 MLS

This charming Triplex is an AMAZING investment opportunity!! It is located a mile from downtown Mesa and ASU in Mesa City Center. This is a 3 units community with great potential as an owner-occupied property to generate extra income by renting out the duplex as a short-term or long-term rental. It has block perimeter privacy gate to access the front of the duplex. The triplex contains one Detached (3/2) single family home and a Duplex (2/1 and 1/1). Additionally, large private driveway providing parking spaces.

643 W 1st Street, Mesa

$520,000

6612859 MLS

Don't miss out on this great investiment opportunity! Nicely updated duplex; 2bd/1b and 1bd/1b. This property is great for owner occupied or an investor. Units have recently been updated with new windows, paint, flooring, and some appliances.

864 S Lewis --, Mesa

$1,000,000

6612687 MLS

Prime Multi-Family Development Opportunity located near Country Club and Southern. This listing consists of 2 parcels and there are 2 duplexes on the property. 2 units are currently leased month to month at 1300/month and 1200/month. This lot sits on over an acre and is Zoned RM-4 City of Mesa.

317 W 8th Avenue, Mesa

$510,000

6591287 MLS

Great investment opportunity. Three units that are all two bedroom one bath. Also three outside storage closets and laundry. Rental rates in the area are around $1200. Actual rents $900 each. All leases expire on Oct 31,2023. Roof is about 15 years old, Ac's about the same age except for one that was replaced last year. All Units have had the same tenants for almost 20 years. Please do not disturb or talk with the tenants.We have an FHA appraisal for 515,000.

38 W Southern Avenue Unit #3, Mesa

$499,000

6567664 MLS

Investor's Dream: Mesa's Most Affordable Tri-PlexUncover boundless potential in this exceptional Mesa tri-plex, a prime investment opportunity that's sure to turn heads at the current list price. Unmatched Value: Current rents are substantially below market rates, offering immediate income growth possibilities. A strategic rental adjustment could significantly enhance your ROI.RM2 Zoning providing flexibility for diverse investment strategies. The front building, originally designed as a home with a basement, serves as a solid foundation for your investment objectives. The rear unit boasts a spacious warehouse/garage space, complete with an extra bathroom, amplifying the properties value proposition.

546 S Mesa Drive, Mesa

$385,000

6565187 MLS

Great opportunity! Two spacious 1-bedroom, 1 bathroom units with long-term tenants. Tenant pays ALL utilities. In-unit laundry and large storage room for each unit. Separate private backyards spaces. Front unit has updated kitchen cabinets and dual pane windows. Value-add opportunity as rents are below market. Conveniently located to Downtown Mesa, Light rail and public transit. Includes parcels 137-26-045-K and 137-26-045-J.

20 W University Drive, Mesa

$780,000

6564781 MLS

Great investment property. Long term tenants, tile floors throughout. Each unit as fenced in yard. Rents below market value.

1716 E Elton Avenue, Mesa

$780,000

6564767 MLS

Nice investment property. Each unit has 2 beds, 1 bath with a little fenced in backyard. End unit has nice big yard. Long term tenants all on leases...rents are below market value.

263 N 93rd Street, Mesa

$599,000

6561591 MLS

903 East 5th Street is comprised of 3 units, a 3 bedroom 2 bathroom home totaling 1,382 square feet and a duplex totaling 1,176 square feet (average of 588 square feet/unit), offering a great opportunity to capitalize on an owner-occupied investment strategy. By living in the 3 bedroom home and renting out the two additional units, future ownership is provided lower barriers to entry into the multifamily investment space and advantageous financing offered to single-family residential properties that traditional multifamily investments do not qualify for. Also, there is an opportunity to implement an elevated upgrade package to 100% of the units resulting in an associated monthly renovation premium of $200 per unit.

903 E 5th Street, Mesa

$2,190,000

6561501 MLS

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the two houses are 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E and 138-09-059A (one single-family home on its own parcel). Substantial upgrades made throughout the property in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. 1 of the 2 single family homes has a new roof, replaced in 2022 w/ transferrable warranty.

1402 E Dana Avenue, Mesa

$2,985,000

6524301 MLS

This fully remodeled 12 unit complex, located along the central corridor of Main St. in Mesa, is being offered as a fantastic turnkey investment opportunity. Built in 1985, the unit mix consists of twelve 2 bed/1 bath units which are nearly 900sqft in size. The extensive professional renovations were completed in late 2021. Just some of the interior upgrades include: fresh paint; new shaker kitchen cabinets; new kitchen countertops; new plank flooring; new stainless-steel appliances; and new in-suite washer/dryers. Exterior amenities consist of: fresh paint; several main level units with walk-out private yards; an abundance of off-street private parking; and upgraded low cost/maintenance desert landscaping. The roofs on all 3 buildings were replaced in Dec-2019.Demand is high for these units as they are located near the highly sought-after Valley Metro Light Rail Line as well as within close proximity of the 101 freeway and ASU. The nearby employment base is vast which consists of large & small employers. The district serves its residents well by providing an abundance of choices related to shopping, dining, entertainment, schools and hospitals. As such, this investment offers a hassle-free investment opportunity as it is stabilized, fully renovated and has a strong revenue stream right at acquisition. All 3 fourplexes are side-by-side with each having their own parcel numbers. Therefore, this package offering is conducive to either Commercial or Residential Financing. Furthermore, this complex is located within a City of Mesa "Opportunity Zone" which continues to attract more investors in substantially improving existing properties within the district. Large new developments have also been completed with others in the pipeline. More information on the "Opportunity Zone" can be found at: www.selectmesa.com/business-environment/incentives-programs/opportunity-zones Buyer to verify all facts and figures. Drive by only...please do not disturb residents.

38 N Santa Barbara Street, Mesa

$1,499,000

6520380 MLS

Great opportunity for a 7-plex investment in Mesa! Of the 7 units, 6 units are 2 bed/1bath, and 1 unit is a 2 bed/1.5 bath townhome style unit with 950sqft. Each unit is individually metered, W/D hookup in each unit. Tenant pays electric, owner pays water/sewer/trash. There are 14 parking spaces with 7 of them covered. 100% occupied! Rents are currently far below market.

416 N Roca Street, Mesa

$599,999

6115964 MLS

540 S Wilbur --, Mesa

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