- $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
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.