$624,575
$649,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
161 E 2ND Avenue Mesa, AZ 85210
Key Details
Sold Price $624,575
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mesa Arizona
MLS Listing ID 6918265
Sold Date 10/17/25
Maintenance Fees $224
Year Built 1958
Annual Tax Amount $1,520
Tax Year 2024
Lot Dimensions 12000
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This well-maintained 4-unit property offers an excellent income-producing opportunity in a desirable location. The building received a new roof and fresh exterior paint in 2020, adding long-term value and curb appeal. Unit 2 was upgraded with a brand-new AC system in 2025, and Unit 3 features a partial kitchen and bathroom renovation. All units are currently tenant-occupied, providing immediate rental income. Additional conveniences include two sets of newer front-loading washer and dryer units. Each apartment is thoughtfully designed for comfort and functionality.
Location
State AZ
County Maricopa
Community Mesa Arizona
Area Maricopa
Zoning 0304-4
Direction Mesa Dr. and Broadway. North to 2nd Ave. west past Hibbert, 2nd property on the left. Drive by only units have tenants.
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile
Appliance Built-In Range, Microwave, Washer/Dryer
Exterior
Parking Features >1 Space Per Unit
Community Features Other
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Lowell Elementary School
Middle Schools Kino Junior High School
High Schools Mesa High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-48-021
Acceptable Financing Conventional, 1031 Exchange
Disclosures None
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with eXp Realty
