Incredible Investment Opportunity in prime Mesa location! This fantastic 4-plex boasts one spacious 3-bedroom, 2-bath unit with an attached garage and three roomy 2-bedroom, 2-bath units, each featuring an in-unit washer/dryer. Ideal for long, short-term or mid-term rental options or an owner-occupant looking to build equity while generating income. The 2-bedroom units come with covered carport parking and extra storage, adding extra convenience for tenants. With all units currently occupied and room for rental increases, this property is primed for solid returns. Each unit is individually metered for electricity, and recent updates include a new AC unit, two new water heaters, and a fresh exterior paint job. Located near popular destinations like the Cubs stadium, Tempe Town Lake, (MORE schools, shopping, and entertainment, this property is a great investment opportunity. Note: Drive-by only - no interior showings until after contract acceptance. Please respect tenant privacy and do not disturb occupants.
Sold for $820,000
$820,000
846 N REVERE --, Mesa, AZ 85201
9beds
4baths
4,020sqft
Multi Family
Built in 1984
-- sqft lot
$822,300 Zestimate®
$204/sqft
$1,531 Estimated rent
Home value
$822,300
$765,000 - $888,000
$1,531/mo
Zestimate® history
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List your homeWhat's special
Fresh exterior paint jobExtra storage
Zillow last checked:
Listing updated:
Listed by:
Jacquelyn E Shoffner 602-881-5494,
Real Broker,
Joshua Will Hogan 480-369-2880,
Real Broker
Bought with:
David Arustamian, BR662152000
Russ Lyon Sotheby's International Realty
Source: ARMLS,MLS#: 6775879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher
- Laundry: W/D Hookup
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 4,020
- Total interior livable area: 4,020 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Carport
- Has carport: Yes
- Covered spaces: 4
Lot
- Dimensions: 131.90 x 64.26 x 132.34 x 64.27
Details
- Parcel number: 13517310
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
Condition
- Year built: 1984
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Other, See Remarks
- Subdivision: HERITAGE ESTATES
Location
- Region: Mesa
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $766,000
- Annual tax amount: $2,406
- Date on market: 11/20/2025
- Cumulative days on market: 4 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2024 | Sold | $820,000-3.5%$204/sqft |
Source:  ARMLS #6775879 Report a problem | ||
| 10/29/2024 | Pending sale | $850,000$211/sqft |
Source: ARMLS #6775879 Report a problem | ||
| 10/25/2024 | Listed for sale | $850,000+84.8%$211/sqft |
Source: ARMLS #6775879 Report a problem | ||
| 4/30/2019 | Sold | $460,000-7.7%$114/sqft |
Source: ARMLS #5883568 Report a problem | ||
| 4/17/2019 | Pending sale | $498,500$124/sqft |
Source: The Real Estate Firm #5883568 Report a problem | ||
| 2/15/2019 | Listed for sale | $498,500+57.8%$124/sqft |
Source: The Real Estate Firm #5883568 Report a problem | ||
| 1/16/2018 | Listing removed | $850 |
Source: Peak Investment Properties, LLC Report a problem | ||
| 1/12/2018 | Listed for rent | $850 |
Source: Peak Investment Properties, LLC Report a problem | ||
| 8/16/2004 | Sold | $316,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,406 +0.5% | $76,600 +4.6% |
| 2024 | $2,395 -0.8% | $73,210 +229.3% |
| 2023 | $2,415 +1.6% | $22,235 -56.2% |
| 2022 | $2,376 +0.1% | $50,810 +10.3% |
| 2021 | $2,373 +7% | $46,050 +6.6% |
| 2020 | $2,218 +4.2% | $43,180 +18.9% |
| 2019 | $2,128 | $36,330 +11.4% |
| 2018 | $2,128 +3.1% | $32,600 +61% |
| 2017 | $2,065 +8.4% | $20,250 +4.8% |
| 2016 | $1,905 +0% | $19,330 +11.1% |
| 2015 | $1,904 | $17,400 +5.9% |
| 2014 | -- | $16,430 +26.1% |
| 2013 | -- | $13,030 -1.9% |
| 2012 | -- | $13,280 -24.8% |
| 2011 | -- | $17,660 -19.6% |
| 2010 | -- | $21,970 -32.2% |
| 2009 | -- | $32,410 -18.9% |
| 2008 | -- | $39,950 +39.4% |
| 2007 | -- | $28,650 +42.5% |
| 2006 | -- | $20,100 |
| 2005 | -- | $20,100 +8.9% |
| 2004 | -- | $18,450 |
| 2003 | -- | $18,450 +20.2% |
| 2002 | -- | $15,350 |
Find assessor info on the county website
Neighborhood: 85201
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Nearby schools
GreatSchools rating
- 3/10Emerson Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 2/10Carson Junior High SchoolGrades: 7-9Distance: 0.4 mi
- 3/10Westwood High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Emerson Elementary School
- Middle: Carson Junior High School
- High: Westwood High School
- 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
$822,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$822,300
- Arizona
- Maricopa County
- Mesa
- 85201
- 846 N REVERE --
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