AZ > Mesa > Suburban Gardens 2
Mesa, AZ 85203,1138 E 2ND Street
Mesa, AZ 85203,1138 E 2ND Street
Mesa, AZ 85203,1138 E 2ND Street
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$775,000
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1138 E 2ND Street Mesa, AZ 85203

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Ephrem Jando

Ephrem Jando

+1(480) 442-2390

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Suburban Gardens 2

MLS Listing ID 6861620

Year Built 1973

Annual Tax Amount $1,543

Tax Year 2024

Lot Dimensions 6897

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. New roof with 5yr warranty. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!

Location

State AZ

County Maricopa

Community Suburban Gardens 2

Zoning MULTI

Direction South on Stapley, West on 2nd St

Interior

Heating Other, See Remarks

Cooling Central Air

Flooring Carpet, Ceramic Tile, Vinyl

Appliance Free-Standing Range, Microwave

Exterior

Parking Features Carport

Community Features Other, See Remarks

Roof Type Other,Built-Up,Foam,Shake

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 138-20-103

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Professional Real Estate Negotiators

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Ephrem Jando

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+1(480) 442-2390

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1138 E 2ND Street

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