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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

816 N Revere, Mesa, AZ – $850,000

  • $850k Price
  • $850k Price

816 N Revere

Fully lease, stabilized and profesionally manged fourplex at 816 N Revere delivering immediate cash flow with strong, in place income. Current gross rents of $5,500 are supported by long term tenants and sustainable market rents, making this a turnkey investment with both stability and upside potential. The property offers a highly desirable unit mix featuring one 3 bedroom 2 bathroom unit with a 1 car garage and three 2 bedroom 2 bathroom units. All units include in unit washer and dryer and offer spacious, functional floor plans that enhance tenant retention and overall rental appeal. Recent upgrades have already been completed, including new LVP flooring, updated kitchens with quartz countertops, along with exterior improvements such as fresh paint and enhanced landscaping. This provide a clean, modern asset with minimal immediate capital expenditures. Centrally located in the heart of Mesa with quick access to Loop 202 and Loop 101, and just minutes from Tempe and Mesa Riverview, the property benefits from strong rental demand and excellent accessibility. Turnkey, fully leased, and built for performance, this is a rare opportunity to acquire a well maintained fourplex with proven income, quality tenants, and long term investment strength.

Essential Information

  • MLS® #7002414
  • Price$850,000
  • Year Built1984
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address816 N Revere
  • SubdivisionHERITAGE ESTATES UNIT 2
  • CityMesa
  • CountyMaricopa
  • StateAZ
  • Zip Code85201

Amenities

  • AmenitiesOther
  • Parking Spaces7

Parking

Attached Garage, Attached Carport, 1 Space/Unit, On Street

Interior

  • HeatingIndividual, Heat Pump
  • CoolingCentral Air, Individual

Appliances

Free-Standing Range, Other, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup

Exterior

  • RoofOther, Tile
  • ConstructionOther, Stucco

School Information

  • DistrictMesa Unified District
  • ElementaryEmerson Elementary School
  • MiddleCarson Junior High School
  • HighWestwood High School

Additional Information

  • ZoningM-H

Listing Details

  • OfficeLotus Real Estate
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Lotus Real Estate.

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 March 27th, 2026 at 7:30pm MST.