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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

240 S Doran Circle, Mesa, AZ – $850,000

  • $850k Price
  • $850k Price

240 S Doran Circle

Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. 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. Fully occupied. Built in 1981. 10,000 sqft lot The current rents are $1,500/month/unit. Total of $6,000/month. Tenants never pay late. Tile floors throughout in unit 1, 2, 3. LVP in unit 4. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. Individual laundry inside each unit, with drain. Four individual storage units. 6 covered parking spots. Two additional uncovered. New roof in 2024. New AC unit in Unit 2 in 2024. ACs regularly maintained

Essential Information

  • MLS® #6901811
  • Price$850,000
  • Acres0.00
  • Year Built1981
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address240 S Doran Circle
  • SubdivisionHIBBERT-ALLEN ACRES LOTS 1-4
  • CityMesa
  • CountyMaricopa
  • StateAZ
  • Zip Code85204

Amenities

  • AmenitiesNo Pool
  • Parking Spaces16

Parking

Add'l Parking Avail, >1 Space Per Unit

Interior

  • HeatingElectric
  • CoolingElectric

Appliances

Free-Standing Range, Refrigerator, Washer/Dryer, W/D Hookup

Exterior

  • RoofComposition, Built-Up
  • ConstructionWood Frame, Stucco

School Information

  • DistrictMesa Unified District
  • ElementaryLongfellow Elementary School
  • MiddlePoston Junior High School
  • HighMesa High School

Additional Information

  • ZoningRM-4

Listing Details

Office

Better Homes & Gardens Real Estate SJ Fowler

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Better Homes & Gardens Real Estate SJ Fowler.

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 August 20th, 2025 at 11:58am MST.