457 E 9TH Avenue
Mesa, AZ 85204
About
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.
Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1986
Sq.Footage
N/A
Features
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Carport
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$900,000
-
Tax Amount
$1,668.6
-
Financing Options
Conventional, FHA, VA
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Mesa Unified District
-
Middle School
N/A
-
High School
Mesa Unified District
Property Features
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
3
-
Water Source
Public
Schedule
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Location
-
County
Maricopa
-
Elementary School
Mesa Unified District
-
Middle School
-
High School
Mesa Unified District
Listing Courtesy of Hana Huynh , Better Homes & Gardens Real Estate SJ Fowler
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Kelly Hammer
Associate Broker / RealtorĀ®
Call Kelly today to schedule a private showing.
Phone (520) 227-5144
Email Kelly@MandyGoldTeam.com
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