750 E 1ST Avenue, Mesa, AZ 85204
750 E 1ST Avenue, Mesa, AZ 85204
750 E 1ST Avenue, Mesa, AZ 85204
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$2,400,000
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750 E 1ST Avenue Mesa, AZ 85204

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Chula Vista Amd

MLS Listing ID 6989123

Year Built 1978

Annual Tax Amount $298

Tax Year 2025

Lot Dimensions IRR

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

750 E 1st Avenue presents a 16 unit multifamily investment opportunity in the heart of Mesa, Arizona. Offering stable in-place income with clear operational upside. Comprised of a desirable mix of studio and 1bed/1bath units, the property is well positioned to capitalize on continued rental demand in a strong workforce housing corridor. Located just minutes from Downtown Mesa, light rail access, major freeways, and expanding retail and employment hubs, the asset combines dependable cash flow with long term growth potential in one of the East Valley's most active submarkets.

Location

State AZ

County Maricopa

Community Chula Vista Amd

Area Maricopa

Zoning MF or FBC T4

Direction Head West on Mesa's New Main Street to Horne, South on Horne and the property is on the North West corner of Horne and 1st AVE

Interior

Heating Individual, Electric

Cooling Central Air, Ceiling Fan(s), Electric, Individual

Flooring Tile

Appliance Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer

Exterior

Parking Features >1 Space Per Unit

Community Features No Pool

Roof Type Composition,Foam

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 138-28-079

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional


Arizona Regional MLS (ARMLS)
Listed by Orion Investment Real Estate • Jackson Everhart

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Ephrem Jando

Ephrem Jando

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750 E 1ST Avenue