501 E 8th Avenue Save Request In-Person Tour Request Virtual Tour
Mesa,AZ 85204
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Millets Green Acres
MLS Listing ID 6926782
Year Built 1981
Annual Tax Amount $1,001
Tax Year 2024
Property Description
Exceptional investment opportunity! Three on 8th is an updated triplex in the heart of Mesa, offering convenient access to the freeway, light rail, Mesa Community College, a plethora of parks and the city's vibrant downtown district. The property features three renovated two-bedroom units, each with off-street parking, private backyards, shared laundry and an additional shared side yard. Improvements include a roof and HVAC systems. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.
Location
State AZ
County Maricopa
Community Millets Green Acres
Area Maricopa
Zoning MH
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile
Exterior
Parking Features Paved,Free,>1 Space Per Unit
Community Features Other
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Holmes Elementary School
Middle Schools Franklin Junior High School
High Schools Mesa High School
School District Mesa Unified District
Others
Acceptable Financing Conventional,FHA,VA Loan
Listing Terms Conventional,FHA,VA Loan