1861 N Spg, Mesa, AZ 85203
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Overview
Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 0.16
- Year built
- 1984
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Electric
- Cooling
- Electric, Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $1,483
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 7045584 Last checked: …

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