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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$900,000

Est. payment - /mo

8 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Clarkson Manor

MLS Listing ID 7064367

Bedrooms 8

Year Built 1986

Annual Tax Amount $1,668

Tax Year 2025

Lot Dimensions 10,160

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Investor's dream**DO NOT DISTURB OCCUPANTS**
Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots.
The current rents are:
Unit 1: $1,530 (long term tenant 10+ years)
Unit 2: $1,550 (lease ends August 31, 2026)
Unit 3: $1,530 (long term tenant 10+ years)
Unit 4: $1,650 (lease through Jun 30, 2027))
Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit.
Last repair on the roof was 7/2026.
Fresh exterior paint 10/2024
Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026
Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025.
Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025
Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026.

Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area.

Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

Location

State AZ

County Maricopa

Community Clarkson Manor

Area Maricopa

Zoning R-3

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Built-In Range, Dishwasher, Refrigerator, Built-In Electric Oven, W/D Hookup

Exterior

Parking Features >1 Space Per Unit, Carport

Community Features Other

Roof Type Composition,Tile

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 139-30-085

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

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Listed by Better Homes & Gardens Real Estate SJ Fowler • Hana Huynh

NEARBY SCHOOL & BUSINESS

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457 E 9TH Avenue Mesa, AZ 85204