1861 N Spring --, Mesa, AZ 85203

Mesa
Local realty services provided by:ERA Brokers Consolidated
1861 N Spring --,Mesa, AZ 85203
$749,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: silvia del toro ochoa
Office: my home group real estate
MLS#:7045584
Source:ARMLS

Price summary

  • Price:$749,999

About this home

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!

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Home facts

  • Year built:1984
  • Listing ID #:7045584
  • Updated:June 24, 2026 at 02:33 AM

Rooms and interior

  • Flooring:Wood

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1984
  • Construction Materials:Painted

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$749,999
  • Tax amount:$1,483 (2025)

Parking

  • Total parking spaces:4
  • Parking description:1 Parking Space/Unit
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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