816 N Revere --, Mesa, AZ 85201

Mesa
Local realty services provided by:HUNT Real Estate ERA
816 N Revere --,Mesa, AZ 85201
$850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: erick f garcia cervantes
Office: lotus real estate
MLS#:7002414
Source:ARMLS

Price summary

  • Price:$850,000

About this home

Fully lease, stabilized and profesionally manged fourplex at 816 N Revere delivering immediate cash flow with strong, in place income. Current gross rents of $5,500 are supported by long term tenants and sustainable market rents, making this a turnkey investment with both stability and upside potential. The property offers a highly desirable unit mix featuring one 3 bedroom 2 bathroom unit with a 1 car garage and three 2 bedroom 2 bathroom units. All units include in unit washer and dryer and offer spacious, functional floor plans that enhance tenant retention and overall rental appeal. Recent upgrades have already been completed, including new LVP flooring, updated kitchens with quartz countertops, along with exterior improvements such as fresh paint and enhanced landscaping. This provide a clean, modern asset with minimal immediate capital expenditures. Centrally located in the heart of Mesa with quick access to Loop 202 and Loop 101, and just minutes from Tempe and Mesa Riverview,...

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Home facts

  • Year built:1984
  • Listing ID #:7002414
  • Updated:March 22, 2026 at 08:47 PM

Rooms and interior

  • Flooring:Laminate, Tile, Vinyl

Heating and cooling

  • Cooling:Individual Cooling
  • Heating:Heat Pump, Individual Heating
  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Construction Materials:Stucco

Schools

  • High school:Westwood High School
  • Middle school:Carson Junior High School
  • Elementary school:Emerson Elementary School

Utilities

  • Water:City Franchise, Master Meter

Finances and disclosures

  • Price:$850,000
  • Tax amount:$2,463 (2025)

Parking

  • Total parking spaces:7
  • Parking description:1 Parking Space/Unit
  • Garage:Yes
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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