- $765k Price
1138 E 2nd Street
Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. New roof with 5yr warranty. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!
Essential Information
- MLS® #6861620
- Price$765,000
- Acres0.00
- Year Built1973
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1138 E 2nd Street
- SubdivisionSUBURBAN GARDENS 2
- CityMesa
- CountyMaricopa
- StateAZ
- Zip Code85203
Amenities
- AmenitiesOther, See Remarks
- Parking Spaces6
- ParkingCarport
Interior
- AppliancesFree-Standing Range, Microwave
- HeatingOther, See Remarks
- CoolingCentral Air
Exterior
- RoofOther, Built-Up, Foam, Shake
- ConstructionWood Frame, Painted
School Information
- DistrictMesa Unified District
Additional Information
- ZoningMULTI
Listing Details
Office
Professional Real Estate Negotiators
Price Change History for 1138 E 2nd Street, Mesa, AZ (MLS® #6861620)
| Date | Details | Change |
|---|---|---|
| Status Changed from Pending to Active | – | |
| Status Changed from Active to Pending | – | |
| Price Increased from $745,000 to $765,000 | ||
| Price Reduced from $755,000 to $745,000 | ||
| Price Reduced from $775,000 to $755,000 |
Professional Real Estate Negotiators.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on November 14th, 2025 at 5:20pm MST.