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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

434 W Ivyglen Street (unit 105), Mesa, AZ – $710,000

  • $710k Price
  • $710k Price

434 W Ivyglen Street (unit 105)

Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures..

Essential Information

  • MLS® #6982461
  • Price$710,000
  • Year Built1985
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • CityMesa
  • CountyMaricopa
  • StateAZ
  • Zip Code85201

Address

434 W Ivyglen Street (unit 105)

Amenities

  • AmenitiesNo Pool
  • Parking Spaces8

Parking

Assigned, >1 Space Per Unit, Carport

Interior

  • HeatingIndividual, Electric
  • CoolingElectric, Individual

Appliances

Built-In Range, Disposal, Dishwasher, Refrigerator

Exterior

  • RoofComposition
  • ConstructionSteel Frame, Painted

School Information

  • DistrictMesa Unified District
  • ElementaryWhitman Elementary School
  • HighWestwood High School

Additional Information

  • ZoningC-C

Listing Details

  • OfficeOrchard Brokerage
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Orchard Brokerage.

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 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on February 23rd, 2026 at 6:44pm MST.