1861 N Spring --

Mesa, AZ 85203
  • $749,999

    Price
  • 8

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing myhg26 - sd884

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!

Listing Highlights

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® 7045584
Year Built 1984
Total Square Footage 0
Lot/Acreage N/A
County Maricopa
School District Mesa Unified District

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Electric
  • Heating: Electric
  • Fireplaces:
  • Floor: Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer
  • Parking Features: 1 Space/Unit

Financial Details

  • Tax Amount: $1,483
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 136-24-125
  • Tax Year: 2025

Payment Calculator

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  • in Taxes
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Questions About..

1861 N Spring -- Mesa, AZ 85203

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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Shanna Day Team

Operator & Expansion Partner | Shanna Day Team | Keller Williams Realty Phoenix

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