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Sold for $705,000
  • $705,000

    1138 E 2ND Street, Mesa, AZ 85203

    8beds
    8baths
    --sqft
    Multi Family
    Built in 1973
    -- sqft lot
    $675,700 Zestimate®
    $--/sqft
    $1,508 Estimated rent

    Home value

    $675,700

    $642,000 - $709,000

    $1,508/mo

    Zestimate® history
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    What's special

    Large fenced yardsRemodeled kitchensCarpeted bedroomsAll-tile floorsVinyl floorsNew roof
    Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dale Eames 480-330-3485,

    Professional Real Estate Negotiators

    Bought with:

    Juan Olivera, SA674498000

    Keller Williams Integrity First Realty

    Source: ARMLS,MLS#: 6861620MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Other, See Remarks
    Cooling
    • Central Air
    Appliances
    • Included: Free-Standing Range, Microwave
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    • Has carport: Yes
    • Covered spaces: 4
    • Uncovered spaces: 2
    Features
    • Exterior features: Sidewalk(s)
    Lot
    • Size: 6,897 Square Feet
    • Dimensions: 6897
    Details
    • Parcel number: 13820103
    • Zoning: MULTI

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted
    • Roof: Other,Built-Up,Foam,Shake
    Condition
    • Year built: 1973

    Utilities & green energy

    • Electric: City Electric
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: Other, See Remarks
    • Subdivision: SUBURBAN GARDENS 2
    Location
    • Region: Mesa

    Financial & listing details

    • Tax assessed value: $640,200
    • Annual tax amount: $1,543
    • Date on market: 6/12/2025
    • Cumulative days on market: 491 days
    • Listing terms: Other (See Remarks)
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Concrete, Asphalt

    Price history

    DateEventPrice
    10/15/2026Sold$705,000-2.1%
    Source: ARMLS #6861620 Report a problem
    9/27/2026Pending sale$720,000
    Source: ARMLS #6861620 Report a problem
    8/18/2026Price change$720,000-0.7%
    Source: ARMLS #6861620 Report a problem
    8/3/2026Price change$725,000-5.2%
    Source: ARMLS #6861620 Report a problem
    5/26/2026Price change$765,000-3.2%
    Source: ARMLS #6861620 Report a problem
    4/4/2026Price change$790,000-1.2%
    Source: ARMLS #6861620 Report a problem
    1/1/2026Price change$799,999+4.6%
    Source: ARMLS #6861620 Report a problem
    11/4/2025Listed for sale$765,000
    Source: ARMLS #6861620 Report a problem
    10/15/2025Pending sale$765,000
    Source: ARMLS #6861620 Report a problem
    10/9/2025Price change$765,000+2.7%
    Source: ARMLS #6861620 Report a problem
    9/18/2025Price change$745,000-1.3%
    Source: ARMLS #6861620 Report a problem
    8/3/2025Price change$755,000-2.6%
    Source: ARMLS #6861620 Report a problem
    5/5/2025Listed for sale$775,000+124.6%
    Source: ARMLS #6861620 Report a problem
    7/7/2017Sold$345,000+1.8%
    Source: ARMLS #5585810 Report a problem
    6/8/2017Pending sale$339,000
    Source: S. J. Fowler Real Estate, Inc. #5585810 Report a problem
    5/24/2017Price change$339,000-2.9%
    Source: S. J. Fowler Real Estate, Inc. #5585810 Report a problem
    5/12/2017Pending sale$349,000
    Source: S. J. Fowler Real Estate, Inc. #5585810 Report a problem
    4/6/2017Listed for sale$349,000+177.2%
    Source: S. J. Fowler Real Estate, Inc. #5585810 Report a problem
    6/26/2009Sold$125,900-1.6%
    Source: Public Record Report a problem
    6/12/2009Listed for sale$127,900-25.2%
    Source: Merit Realty #4178162 Report a problem
    3/3/2009Sold$171,000-53.8%
    Source: Public Record Report a problem
    11/2/2005Sold$370,000+15.6%
    Source: Public Record Report a problem
    11/3/2004Sold$320,000+106.5%
    Source: Public Record Report a problem
    6/28/1999Sold$155,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,543 +0.5%$64,020 -6.1%
    2024$1,536 -0.8%$68,210 +378.3%
    2023$1,549 +1.6%$14,262 -67.3%
    2022$1,524 +0.1%$43,570 +26.2%
    2021$1,522 +7%$34,530 +11.7%
    2020$1,422 +4.2%$30,900 +15.1%
    2019$1,365 $26,850 +22.8%
    2018$1,365 +3.1%$21,870 +6.2%
    2017$1,325 +8.4%$20,600 +6.2%
    2016$1,222 -9.7%$19,400 +9.9%
    2015$1,352 $17,650 +31.6%
    2014-- $13,410 +55%
    2013-- $8,650 +22.2%
    2012-- $7,080 -35.6%
    2011-- $11,000 -15.7%
    2010-- $13,050 -45%
    2009-- $23,740 -13.9%
    2008-- $27,560 +88.1%
    2004-- $14,650
    2003-- $14,650 +15.8%
    2002-- $12,650
    Find assessor info on the county website

    Neighborhood: Harrison Acres

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mesa Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $675,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $675,700