- $580k Price
532 S Mesa Drive
Exceptional investment opportunity in a prime Mesa location near Mesa Community College and major freeways. This property features 3 units: one on the lower level, one on the ground level, and one on the upper level, each with its own washer and dryer. All units are tenant-occupied on month-to-month leases at $1,000 per month, with potential to increase rents to $1,300-$1,400 per month per unit. 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, transportation, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.
Essential Information
- MLS® #6842303
- Price$580,000
- Acres0.00
- Year Built1981
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address532 S Mesa Drive
- SubdivisionALMOND PLACE
- CityMesa
- CountyMaricopa
- StateAZ
- Zip Code85210
Amenities
- AmenitiesNo Pool
- Parking Spaces3
- ParkingAssigned
Interior
- HeatingElectric
- CoolingElectric, Heat Pump
Appliances
Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
Exterior
- RoofComposition
- ConstructionWood Frame, Stucco
School Information
- DistrictMesa Unified District
- ElementaryHolmes Elementary School
- HighMesa High School
Additional Information
- ZoningMulti Family
Listing Details
- OfficeProSmart Realty
Price Change History for 532 S Mesa Drive, Mesa, AZ (MLS® #6842303)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $640,000 to $580,000 |
ProSmart Realty.
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Listing information last updated on August 20th, 2025 at 11:58am MST.