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For sale
    • Price cut: $25K (5/26)
    $765,000

    1138 E 2ND Street, Mesa, AZ 85203

    8beds
    2baths
    --sqft
    : 
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    Multi Family
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    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!
    421 days
    |
    201
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dale Eames 480-330-3485,

    Professional Real Estate Negotiators

    Source: ARMLS,MLS#: 6861620MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 2
      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: 5/24/2025
      • Cumulative days on market: 421 days
      • Listing terms: Other (See Remarks)
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Concrete, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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
        7/1/2009Sold$125,900-1.6%
        Source: ARMLS #4178162 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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Harrison Acres

        Getting around

        69 / 100
        Somewhat Walkable
        52 / 100
        Good Transit
        76 / 100
        Very Bikeable

        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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