For sale

$1,499,900

8232 E UNIVERSITY Drive, Mesa, AZ 85207

12beds

8baths

7,200sqft

$9,112/mo

Get pre-qualified

Multi Family

Built in 2025

-- sqft lot

$-- Zestimate^®

$208/sqft

$-- HOA

What's special

AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

198 days

741

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8

Heating

Zoned, Heat Pump

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Features

Flooring: Carpet, Ceramic Tile

Interior area

Total structure area: 7,200
Total interior livable area: 7,200 sqft

Property

Parking

Total spaces: 8
Parking features: Attached, Garage Door Opener, >1 Space Per Unit, 1 Space/Unit, On Street
Has attached garage: Yes
Covered spaces: 4
Uncovered spaces: 4

Features

Exterior features: Sidewalk(s)

Lot

Size: 6,000 Square Feet
Dimensions: 6000

Details

Parcel number: 21809197
Zoning: Residental

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Lap Siding, Board & Batten Siding, Wood Frame, Painted, Stucco
Roof: Composition,Metal

Condition

Under Construction
New construction: No
Year built: 2025

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: Other
Security: Fire Sprinkler System
Subdivision: PROJECT 4

Location

Region: Mesa

Financial & listing details

Price per square foot: $208/sqft
Annual tax amount: $843
Date on market: 1/12/2026
Cumulative days on market: 198 days
Listing terms: Conventional,1031 Exchange
Ownership: Other (See Remarks)
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/12/2026	Pending sale	$1,499,8900%$208/sqft
Source: ARMLS #6871664 Report a problem
1/12/2026	Listed for sale	$1,499,900$208/sqft
Source: ARMLS #6967134 Report a problem
12/23/2025	Pending sale	$1,499,900$208/sqft
Source: ARMLS #6960530 Report a problem
12/23/2025	Listed for sale	$1,499,900$208/sqft
Source: ARMLS #6960530 Report a problem
12/23/2025	Pending sale	$1,499,900$208/sqft
Source: ARMLS #6960522 Report a problem
12/23/2025	Price change	$1,499,900+0%$208/sqft
Source: ARMLS #6960522 Report a problem
6/18/2025	Price change	$1,499,8900%$208/sqft
Source: ARMLS #6871664 Report a problem
5/27/2025	Listed for sale	$1,499,990$208/sqft
Source: ARMLS #6871664 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified