For sale

$749,999

1861 N SPRING --, Mesa, AZ 85203

20beds

4baths

6,936sqft

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Multi Family

Built in 1984

-- sqft lot

$-- Zestimate^®

$108/sqft

$-- HOA

What's special

Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!

25 days

563

39

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 20
Bathrooms: 4

Heating

Electric

Cooling

Electric

Appliances

Included: Free-Standing Range, Dishwasher, Refrigerator
Laundry: W/D Hookup

Features

Flooring: Wood

Interior area

Total structure area: 6,936
Total interior livable area: 6,936 sqft

Property

Parking

Total spaces: 4
Parking features: 1 Space/Unit
Uncovered spaces: 4

Lot

Size: 6,970 Square Feet
Dimensions: 6970

Details

Parcel number: 13624125
Zoning: Multi

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted
Roof: Composition

Condition

Year built: 1984

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: NORTH MESA VILLAGE

Location

Region: Mesa

Financial & listing details

Price per square foot: $108/sqft
Annual tax amount: $1,483
Date on market: 6/23/2026
Listing terms: Conventional,FHA,VA Loan
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
6/23/2026	Listed for sale	$749,999-3.2%$108/sqft
Source: ARMLS #7045584 Report a problem
2/3/2026	Listing removed	$775,000$112/sqft
Source: ARMLS #6902100 Report a problem
8/7/2025	Listed for sale	$775,000+182.3%$112/sqft
Source: ARMLS #6902100 Report a problem
1/12/2018	Sold	$274,550+96.1%$40/sqft
Source: ARMLS #5692864 Report a problem
10/6/2009	Sold	$140,000$20/sqft
Source: ARMLS #4141352 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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