434 W IVYGLEN Street #105, Mesa, AZ 85201
434 W IVYGLEN Street #105, Mesa, AZ 85201
434 W IVYGLEN Street #105, Mesa, AZ 85201
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$695,000
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434 W IVYGLEN Street #105 Mesa, AZ 85201

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Ephrem Jando

Ephrem Jando

+1(480) 442-2390

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6982461

Year Built 1985

Annual Tax Amount $1,501

Tax Year 2025

Lot Dimensions 7187

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures..

Location

State AZ

County Maricopa

Area Maricopa

Zoning C-C

Interior

Heating Individual, Electric

Cooling Electric, Individual

Flooring Ceramic Tile

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator

Exterior

Exterior Feature Sidewalk(s)

Parking Features Assigned, >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Whitman Elementary School

High Schools Westwood High School

School District Mesa Unified District

Others

Senior Community No

Tax ID 135-11-002-J

Acceptable Financing No Carry, Conventional, FHA, VA Loan

Disclosures Other (See Remarks)

Listing Terms No Carry, Conventional, FHA, VA Loan

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Orchard Brokerage • Eric Williamson

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Ephrem Jando

Ephrem Jando

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+1(480) 442-2390

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434 W IVYGLEN Street #105

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