New roof installed in Feb'25 with lifetime shingles and 5 year warranty. New AC & water heaters, all tile flooring. Fully occupied with long term tenants, cash flow positive, current CAP rate at 6.9%, future pro forma to be 7.5%. This duplex features 2 units, one is 1 bedroom, 1 bath. the other is 3 bedrooms, 2 baths. 3 bedrooms unit has a huge 1,200 sqft back yard with 2 sheds. This duplex is poised for continuous appreciation in a growing Mesa area, centrally located near 202, 101 and many nearby attractions. Long term tenants in place with potential to further raise rents to market rents. See P&L details in documents section. Do not disturb tenants, showing by appointments only. The selling agent is a partial owner of the property
Sold for $425,000
$425,000
546 N DREW Street, Mesa, AZ 85201
4beds
3baths
1,500sqft
Multi Family
Built in 1957
-- sqft lot
$446,000 Zestimate®
$283/sqft
$1,730 Estimated rent
Home value
$446,000
$415,000 - $477,000
$1,730/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Han Wu 480-452-7195,
Fathom Realty
Bought with:
Han Wu, SA714665000
Fathom Realty
Source: ARMLS,MLS#: 6837131
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- ENERGY STAR Qualified Equipment, Central, Electric
Cooling
- Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Electric
Appliances
- Included: Dishwasher, Free-Standing Electric Oven
- Laundry: W/D Hookup
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved, Free, Add'l Parking Avail, >1 Space Per Unit
- Uncovered spaces: 8
Lot
- Dimensions: 90*70
Details
- Parcel number: 13729008
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Other,See Remarks
Condition
- Year built: 1957
Utilities & green energy
- Electric: City Electric
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Mesa
- Subdivision: BOWEN TRACT
Other
Other facts
- Listing terms: 1031 Exchange
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $425,000-9.6%$283/sqft |
Source:  ARMLS #6837131 Report a problem | ||
| 5/4/2025 | Pending sale | $470,000$313/sqft |
Source: ARMLS #6837131 Report a problem | ||
| 4/4/2025 | Price change | $470,000-2.1%$313/sqft |
Source: ARMLS #6837131 Report a problem | ||
| 3/18/2025 | Listed for sale | $480,000$320/sqft |
Source: ARMLS #6837131 Report a problem | ||
| 3/18/2025 | Listing removed | $480,000$320/sqft |
Source: ARMLS #6811062 Report a problem | ||
| 3/18/2025 | Price change | $480,000-1%$320/sqft |
Source: ARMLS #6811062 Report a problem | ||
| 2/10/2025 | Price change | $485,000+3.2%$323/sqft |
Source: ARMLS #6811062 Report a problem | ||
| 1/31/2025 | Pending sale | $470,000$313/sqft |
Source: ARMLS #6811062 Report a problem | ||
| 1/26/2025 | Listed for sale | $470,000+384.5%$313/sqft |
Source: ARMLS #6811062 Report a problem | ||
| 11/11/2019 | Listing removed | $700 |
Source: Real Property Management East Valley Report a problem | ||
| 11/10/2019 | Listed for rent | $700 |
Source: Real Property Management East Valley Report a problem | ||
| 3/5/2013 | Sold | $97,000+90.2%$65/sqft |
Source: Public Record Report a problem | ||
| 12/15/2010 | Sold | $51,000-7.1%$34/sqft |
Source: Public Record Report a problem | ||
| 11/20/2010 | Price change | $54,900-6.8%$37/sqft |
Source: New Vista Realty Arizona #4485670 Report a problem | ||
| 11/4/2010 | Listed for sale | $58,900-7.1%$39/sqft |
Source: New Vista Realty Arizona #4485670 Report a problem | ||
| 7/16/2010 | Sold | $63,394-60.9%$42/sqft |
Source: Public Record Report a problem | ||
| 9/23/2004 | Sold | $162,000+102.5%$108/sqft |
Source: Public Record Report a problem | ||
| 6/12/1997 | Sold | $80,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $716 +0.5% | $31,000 +4.6% |
| 2024 | $713 -0.8% | $29,630 +347.8% |
| 2023 | $719 -2.1% | $6,617 -66.5% |
| 2022 | $734 +3.9% | $19,730 +17.7% |
| 2021 | $706 +7% | $16,770 +12.5% |
| 2020 | $660 +4.2% | $14,910 +18.1% |
| 2019 | $633 | $12,630 +10.8% |
| 2018 | $633 +3.1% | $11,400 +22.3% |
| 2017 | $614 +8.4% | $9,320 +9% |
| 2016 | $567 -4.3% | $8,550 +17.9% |
| 2015 | $592 | $7,250 +33% |
| 2014 | -- | $5,450 +40.8% |
| 2013 | -- | $3,870 -6.1% |
| 2012 | -- | $4,120 -40.5% |
| 2011 | -- | $6,920 -23.4% |
| 2010 | -- | $9,030 -35.5% |
| 2009 | -- | $14,010 -1.2% |
| 2008 | -- | $14,180 -7.6% |
| 2007 | -- | $15,350 +80.6% |
| 2006 | -- | $8,500 |
| 2005 | -- | $8,500 -3.4% |
| 2004 | -- | $8,800 |
| 2003 | -- | $8,800 +6.7% |
| 2002 | -- | $8,250 |
Find assessor info on the county website
Neighborhood: 85201
Nearby schools
GreatSchools rating
- 5/10Eisenhower Center for InnovationGrades: PK-6Distance: 0.7 mi
- 2/10Carson Junior High SchoolGrades: 7-9Distance: 1 mi
- 3/10Westwood High SchoolGrades: 9-12Distance: 1 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.
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Estimated market value
$446,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$446,000
- Arizona
- Maricopa County
- Mesa
- 85201
- 546 N DREW Street
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