For sale

$595,000

1540 E BROADWAY Road, Mesa, AZ 85204

7beds

4baths

3,220sqft

$3,582/mo

Get pre-qualified

Multi Family

Built in 1968

-- sqft lot

$-- Zestimate^®

$185/sqft

$-- HOA

What's special

New exterior paint

Great opportunity to own an income producing property in Mesa. Rare building with one 3 bedroom/two bath apartment and two two bedroom/one bath apartments. The two bedroom apartments are occupied with long term tenants on month to month leases. The three bedroom was just rented after some renovations on a one year lease at $1700mo. Building has new exterior paint and a new water main. Building does share courtyard and common areas with 1546 Broadway and needs to be bought together.

17 days

306

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Refrigerator, Free-Standing Electric Oven

Features

Flooring: Tile, Laminate, Vinyl

Interior area

Total structure area: 3,220
Total interior livable area: 3,220 sqft

Property

Parking

Total spaces: 3
Parking features: >1 Space Per Unit
Covered spaces: 3

Lot

Size: 0.25 Acres
Dimensions: .25 acres

Details

Parcel number: 13813164
Zoning: C-G

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Siding, Block
Roof: Composition

Condition

Year built: 1968

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: MESA HOMES 2 REPLATTED

Location

Region: Mesa

Financial & listing details

Price per square foot: $185/sqft
Tax assessed value: $627,000
Annual tax amount: $1,429
Date on market: 8/8/2026
Cumulative days on market: 11 days
Listing terms: Conventional,FHA
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/14/2026	Listed for sale	$595,000+483.3%$185/sqft
Source: ARMLS #7066916 Report a problem
9/30/1996	Sold	$102,000-4.7%$32/sqft
Source: Public Record Report a problem
11/14/1994	Sold	$107,000$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,422 +0.5%	$62,700 +0.9%
2024	$1,415 -0.8%	$62,140 +373%
2023	$1,427 +1.6%	$13,138 -66.7%
2022	$1,404 +0.1%	$39,420 +23.2%
2021	$1,402 +7%	$31,990 +11.7%
2020	$1,310 +4.2%	$28,630 +18.6%
2019	$1,258	$24,130 +10.8%
2018	$1,258 +3.1%	$21,780 +16.2%
2017	$1,220 +8.4%	$18,750 +1.2%
2016	$1,125 -7.1%	$18,520 +16.3%
2015	$1,211	$15,920 +37.2%
2014	--	$11,600 +55.1%
2013	--	$7,480 +10.8%
2012	--	$6,750 -44.4%
2011	--	$12,130 -46.1%
2009	--	$22,500 -19.9%
2008	--	$28,080 +172.5%
2004	--	$10,304
2003	--	$10,304 -5%
2002	--	$10,850