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816 N REVERE, Mesa, AZ 85201

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLotus Real Estate
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Year built
1984

Interior features

Laundry
In Unit Washer/Dryer

Exterior features

Water view
Yes

Utilities

Heating
Heat Pump
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Electricity
$100

Taxes

Tax Annual Amount (2025)
$2,463

Public schools

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Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 7002414 Last checked:

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.