501 E 8th Avenue, Mesa, AZ 85204

Local realty services provided by:ERA Brokers Consolidated
501 E 8th Avenue,Mesa, AZ 85204
$550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:david arustamian
Office:russ lyon sotheby's international realty
MLS#:6926782
Source:ARMLS

Price summary

  • Price:$550,000

About this home

Exceptional investment opportunity! Three on 8th is an updated triplex in the heart of Mesa, offering convenient access to the freeway, light rail, Mesa Community College, a plethora of parks and the city's vibrant downtown district. The property features three renovated two-bedroom units, each with off-street parking, private backyards, shared laundry and an additional shared side yard. Improvements include a roof and HVAC systems. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.

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Home facts

  • Year built:1981
  • Listing ID #:6926782
  • Updated:October 05, 2025 at 03:22 PM

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1981

Schools

  • High school:Mesa High School
  • Middle school:Franklin Junior High School
  • Elementary school:Holmes Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$550,000
  • Tax amount:$1,001 (2024)
All 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.