1826 N Spring --, Mesa, AZ 85203

$730,000

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Sold Price
$730,000
List Price
$775,000
Closing Date
Dec 16, 2025
Days on Market
77
Status
CLOSED
MLS#
6926281
City
Mesa
Subdivision
North Mesa Village
Year Built
1984

Property Description

Great investment or house-hack opportunity in the heart of Mesa, Arizona! This multifamily 4-plex for sale offers four fully renovated 2-bedroom, 1-bath units, each with convenient in-unit washer/dryer hookups. Updated in 2020, the units feature modern upgrades including white shaker cabinetry, matte black fixtures, neutral paint tones, newer tile and carpet, and stainless steel appliances—creating a clean, timeless design that attracts quality tenants. Major improvements have already been taken care of, including a new roof and four new A/C units, significantly reducing future maintenance expenses and ensuring long-term durability. Three units are currently tenant-occupied, generating consistent rental income, while one unit is available for an owner-occupant buyer a perfect house-hacking opportunity to live in one unit while your tenants help cover the mortgage. Opportunity for additional rental income by converting the patio to a 3rd bedroom for a savvy buyer. Located in a prime Mesa neighborhood with excellent rental demand, this property offers unbeatable convenience. Just minutes from US-60 and Loop 202 freeways, commuting throughout the Phoenix Metro and East Valley is fast and easy. Residents enjoy being close to shopping, dining, entertainment, top-rated schools, and major employers. The property's central location makes it highly desirable to renters seeking affordable, updated housing with easy access to everything Mesa has to offer. Whether you're a seasoned investor looking for cash flow in Arizona's booming rental market or a buyer searching for a turnkey house-hacking property in Mesa, this 4-plex checks all the boxes. A rare opportunity to own a low-maintenance, income-producing property in one of the fastest-growing areas of the Phoenix Metro!

Additional Information

Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Electric, Ceiling Fan(s)
Electric
SRP
Heating
Electric
New Financing
VA Loan, FHA, Conventional, Cash
Parking Features
1 Space/Unit, On Street
Roofing
Composition
Subdivision
North Mesa Village
Taxes
$1,499
Tax Year
2024
Tenant Pays
Electricity, Cable TV
Units
4
Water
Master Meter, City Franchise
Zoning
RM-4

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Real Broker. Selling Office: HomeSmart.

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