




750 E 1ST Avenue, Mesa, AZ, 85204
8beds
2baths
5,840sqft
$2,400,000
$411price/sqft
$14,347/moest. monthly cost
$573,880/yrincome needed
About This Home
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.
Getting Around
83
52
86
Schools
2/10
2/10
6/10
Construction
Condition
- Year built: 1978
Materials
- Roof: Composition,Foam
- Construction materials: Painted,Stucco,Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Built-In Range,Disposal,Refrigerator,Built-In Electric Oven,Microwave,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 2
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Individual,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric,Individual
Interior Area
- Total structure area: 5,840
- Total interior livable area: 5,840 sqft
Property
Details
- Parcel number: 13828079
- Zoning: MF or FBC T4
Lot
- Lot size dimensions: IRR
Parking
- Total spaces: 22
- Parking features: >1 Space Per Unit
- Has uncovered spaces: Yes
- Uncovered spaces: 22
