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About the Listing orbr001 - fw125
Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures..
Listing Highlights
Status
Active
Days on Site
27
Property Type
Multi-Family
MLS ®
6982461
Year Built
1985
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
School District
Mesa Unified District
Elementary School
Whitman Elementary School
High School
Westwood High School
Interior Details
- Bedrooms: 4
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Electric,Individual
- Heating: Individual,Electric
- Fireplaces:
- Floor: Ceramic Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others: Sidewalk(s)
- Sewer: Sewer-In & Connected,Public Sewer
- Parking Features: Assigned,>1 Space Per Unit,Carport
Financial Details
- Tax Amount: $1,501
- Taxes w/Assessments: N/A
- Tax/Property ID: 135-11-002-J
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
434 W Ivyglen St Unit 105 Mesa, AZ 85201
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