Turn-Key Investment opportunity in the heart of Mesa! This well-maintained 3-Plex sits in the established Ko Ko Palms neighborhood, built in 1971 and cash-flowing for decades, the kind of long-held, low-turnover asset that's hard to find on the market. Two of the three units carry long-term tenants who've called this property home for over a decade, and the third unit is now vacant, giving a new owner the rare chance to step in and set a fresh, market-rate lease from day one. All three units are 2 bedroom, 1 bath with separate meters for electricity, gas, and trash. Tenants cover their own utilities, keeping operating costs lean for ownership. Unit A (the largest of the three) is home to a 14-year tenant at $1,200/mo, with two covered parking spots side by side in the rear, a private front yard and a large storage unit with washer/dryer hookups.
Unit B has been home to a 10-year tenant at $1,100/mo, with one covered parking spot in the rear and two storage units, one with washer/dryer hookups.
Unit C is now vacant and move-in ready. Covered parking in the rear ,two storage units, one with washer/dryer hookups, positioned for a new owner to bring in a tenant at today's market rent and boost the property's overall return right out of the gate.
Ownership responsibilities are refreshingly simple: landlord covers water only (approx. $150/mo) and a monthly landscaper ($100/mo). Everything else is on the tenants.
With two proven, long-term income streams already in place and one unit primed for upside, this is a rare combination of stability and immediate value-add potential in a proven Mesa location. Don't miss it!
For sale
$569,000
536 N HALL --, Mesa, AZ 85203
6beds
3baths
3,300sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
Move-in readyPrivate front yard
- 5 days |
- 294 |
- 16 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nathan Cannon 480-228-7686,
Limitless Real Estate
Source: ARMLS,MLS#: 7050097

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Range
Features
- Flooring: Tile
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 4
- Parking features: 1 Space/Unit, On Street
- Covered spaces: 4
Details
- Parcel number: 13737067B
- Zoning: M-H
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: KO KO PALMS 2 LOTS 34-76
Location
- Region: Mesa
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $524,500
- Annual tax amount: $1,301
- Date on market: 7/4/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $569,000$172/sqft |
Source: | ||
| 5/16/2026 | Listing removed | $569,000$172/sqft |
Source: | ||
| 4/1/2026 | Listed for sale | $569,000$172/sqft |
Source: | ||
| 2/24/2026 | Listing removed | $569,000$172/sqft |
Source: | ||
| 2/4/2026 | Price change | $569,000-4.4%$172/sqft |
Source: | ||
| 11/20/2025 | Listed for sale | $595,000$180/sqft |
Source: | ||
| 11/18/2025 | Pending sale | $595,000$180/sqft |
Source: | ||
| 11/14/2025 | Listed for sale | $595,000$180/sqft |
Source: | ||
| 11/9/2025 | Pending sale | $595,000$180/sqft |
Source: | ||
| 10/19/2025 | Listed for sale | $595,000+260.6%$180/sqft |
Source: | ||
| 6/28/2001 | Sold | $165,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,295 +0.5% | $52,450 +6.5% |
| 2024 | $1,288 +10.4% | $49,250 +311.7% |
| 2023 | $1,166 +1.7% | $11,962 -62% |
| 2022 | $1,147 -0.8% | $31,500 +19.8% |
| 2021 | $1,157 +7.6% | $26,300 +9.3% |
| 2020 | $1,075 +4.5% | $24,060 +47.3% |
| 2019 | $1,028 | $16,330 +14.9% |
| 2018 | $1,028 +3.2% | $14,210 +10.8% |
| 2017 | $997 +8.1% | $12,830 +6.3% |
| 2016 | $922 -3.9% | $12,070 -4.4% |
| 2015 | $959 | $12,630 +32.9% |
| 2014 | -- | $9,500 +35.5% |
| 2013 | -- | $7,010 -4.8% |
| 2012 | -- | $7,360 -35.2% |
| 2011 | -- | $11,350 -19.8% |
| 2010 | -- | $14,150 -38.9% |
| 2009 | -- | $23,170 -6.5% |
| 2008 | -- | $24,770 +10.3% |
| 2007 | -- | $22,450 +47.7% |
| 2006 | -- | $15,200 |
| 2005 | -- | $15,200 +16% |
| 2004 | -- | $13,100 |
| 2003 | -- | $13,100 +19.6% |
| 2002 | -- | $10,950 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 85203
Nearby schools
GreatSchools rating
- 2/10Hawthorne Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Poston Junior High SchoolGrades: 7-9Distance: 0.9 mi
- 6/10Mountain View High SchoolGrades: 9-12Distance: 1.6 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Mesa
- 85203
- 536 N HALL --






