434 W Ivyglen Street #105, Mesa, AZ 85201

Mesa
Local realty services provided by:ERA Four Feathers Realty, L.C.
434 W Ivyglen Street #105,Mesa, AZ 85201
$695,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric williamson
Office: orchard brokerage
MLS#:6982461
Source:ARMLS

Price summary

  • Price:$695,000

About this home

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..

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Home facts

  • Year built:1985
  • Listing ID #:6982461
  • Updated:May 23, 2026 at 02:54 PM

Rooms and interior

  • Flooring:Ceramic Tile, Vinyl

Heating and cooling

  • Cooling:Electric, Individual Cooling
  • Heating:Electric, Individual Heating

Structure and exterior

  • Year built:1985
  • Construction Materials:Painted

Schools

  • High school:Westwood High School
  • Elementary school:Whitman Elementary School

Utilities

  • Water:City Franchise
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$695,000
  • Tax amount:$1,501 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Assigned, Carport, More Than 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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