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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
WalkingVery Walkable
52
TransitGood Transit
86
BikeVery Bikeable

Schools

2/10
Lowell Elementary SchoolGrades PK-60.3 mi
2/10
Kino Junior High SchoolGrades 7-81.4 mi
6/10
Mesa High SchoolGrades 9-121.6 mi

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