Listing MLS# 6922706 Mesa AZ Real Estate

Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Mesa AZ real estate, Suburban Gardens 2 - Mesa real estate for sale, Mesa, AZ homes for sale and Mesa real estate and Mesa homes.

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1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203 1146 E 2nd Street Mesa, AZ 85203
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$825,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$825,000 No Recent Price Change
1146 E 2nd Street
Mesa, AZ 85203
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1973Year Built
  • 0.00Acres
  • 52 yearsEst Age
  • MLS# 6922706
  • Multifamily
  • Multiple Dwellings
  • Pending
Overview

TURNKEY, Cash-Flowing, Well Maintained, Fully Leased & Remodeled 4-plex in Prime Mesa Location near Downtown & only 3 blocks from Stapley/Main Light RailStation. Each large Fully Remodeled Unit has 2-bedrooms, 2-baths & 1,004 sq. ft.Upgrades include New Luxury Vinyl Plank Flooring in the Living areas and carpeting in the bedrooms. Also New Shaker Cabinets, Appliances, New Interior Trim, Doors & Interior Paint. Complete RoofReplacement in 2021, Newer Entry Deck Surfacing for 2nd floor Units C & D, NewComposition Mansard Roof Walls, and New Masonry Block Privacy Fencing. First floor units have Private Yards & Covered Patios. HVAC Units and Water Heaters are Newer With over $150k Invested in improvements. No HOA. **Please Do Not Disturb Tenants - Drive By Only!** Each Unit has One Covered Parking Space plus a 2nd uncovered Space and a Storage Unit. Units are Currently Rented at Market Rate with Strong Tenant Occupancy. Upstairs Units Lease for $1,400/month & Downstairs Units for $1,495/month, Producing a Gross Monthly Income of $5,790 ($69,480 Annually) plus laundry room income and a 7.14 Cap Rate. The On-site Laundry is not only convenient but produces additional revenue annually of $1280. Truly an Excellent Investment with Updated Units, Stable Rents, and a Prime Location near Mesa's Growing Downtown Corridor. and Great for Seasoned or New investors **PLEASE DO NOT DISTURB OCCUPANTS**

Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  No Pool

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Siding, Painted, Block

Roof:  Built-Up, Foam

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Trash Collection,Water,Sewer

Gross Income:  70760

Insurance Expense:  2464

Maintenance Expense:  2273

Garage / Parking

Parking Features:  See Remarks, >1 Space Per Unit

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Carpet, Vinyl

Appliances:  Free-Standing Range, Refrigerator

Fireplace:  No

Lot Info

Lot Size:  IRR

Number of Buildings:  1

Other School Info

Property Info

Road Surface Type:  Asphalt

Zoning:  MULTI

Property Attached:  No

Tax Info

Tax Legal Description:  LOT 31 SUBURBAN GARDENS 2 MCR 009143

Tax Amount Annual:  1542

Unit Info

Total Units:  4

Utilities / Hvac

Water Source:  City Franchise

Electric:  SRP

Cooling:  Yes

Cool System:  Electric

Heating:  Electric

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

Schools

Elem:  Edison Elementary School

Middle:  Kino Junior High School

High:  Westwood High School

Directions

North on Stapley and West on 2nd St

Listings courtesy of Better Homes & Gardens Real Estate Sj Fowler  Broker Reciprocity

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Price & Status History (on barbarabakerrealty.com since Sat, Sep 20th 2025)
  • Original Price: $825,000
  • Current Price: $825,000
  • Price Reduced: $0
Date ChangedFromTo
10/03/2025ActivePending
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Broker Reciprocity No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Listing Courtesy of Barbara Baker Realty LLC The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright © 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved. Information was last updated: 10-05-2025 7:23 PM EST .

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