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Sold for $480,000
  • $480,000

    947 W 8TH Place, Mesa, AZ 85201

    10beds
    3baths
    4,160sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $476,700 Zestimate®
    $115/sqft
    $1,386 Estimated rent

    Home value

    $476,700

    $434,000 - $524,000

    $1,386/mo

    Zestimate® history
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    What's special

    Carport parkingUpdated kitchensFresh paintPrivate yardsBrand-new ac systemHvac systemsInterior upgrades
    947 W 8th Place $525,000 must be sold with 959 W 8th PL for $525,000 each total 1,050,000. | Mesa, AZ Referred to as Four at 8th Place , these two side-by-side duplexes sit on separate parcels in a sought-after corridor near Downtown Mesa. Each building has been fully remodeled with updated kitchens, appliances, flooring, and HVAC systems. Tenants enjoy private yards, in-unit laundry, and carport parking. With combined rents of $6,485/month and long-term tenancy in place, this low-maintenance asset delivers immediate yield with additional value through rent increases. The location provides strong rental demand with convenient access to Tempe and the Loop 202. Both properties 947-959 W 8th Placehave been thoughtfully remodeled and professionally maintained by the same ownership since 2016. Each unit is individually metered, includes in-unit washer and dryer, and has seen key improvements such as new appliances, updated bathroom fixtures, ceiling fans, fresh paint, and new HVAC systems. The current rental income across the four units totals $6,485 per month, with consistent tenancy and limited turnover, a testament to the quality of the units and location. Renovations were completed shortly after acquisition, and further enhancements have been made between tenancies, allowing investors to step into a turn-key portfolio with low immediate capital requirements. At 947 W 8th Place, Unit A is leased at $1,915 per month to a long-term tenant. The unit has undergone interior upgrades including updated appliances and a new AC system in 2021. Unit B rents for $1,350 and was similarly remodeled upon acquisition. At 959 W 8th Place, Unit A is leased at $1,570 and has only had two tenants since 2016, demonstrating exceptional stability. Unit B, currently rented at $1,650, includes recent upgrades and a brand-new AC system installed in 2024. This is an increasingly rare chance to own larger duplexes with separate APNs in a high-demand rental corridor, offering immediate cash flow and long-term appreciation in a market with limited comparable inventory. Whether you're a seasoned investor or building a portfolio, Four at 8th Place delivers on location, performance, and potential. All facts and figures to be verified by the buyer via the MLS.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sophia J Willets 561-269-9525,

    Grace CRE,

    Garrett Pedicini 602-791-9497,

    Grace CRE

    Bought with:

    Garrett Pedicini, SA687268000

    Grace CRE

    Source: ARMLS,MLS#: 6894127MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Carpet, Ceramic Tile
    Interior area
    • Total structure area: 4,160
    • Total interior livable area: 4,160 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport
    • Has carport: Yes
    • Covered spaces: 3
    Lot
    • Size: 8,254 sqft
    • Dimensions: 8254
    Details
    • Parcel number: 13522060
    • Zoning: Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Brick
    • Roof: Composition
    Condition
    • Year built: 1971

    Utilities & green energy

    • Electric: SRP, Individual Meter
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Mesa
    • Subdivision: COUNTRY CLUB VILLAGE REPLAT LOT 1-5, 13-16

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Road surface type: Dirt, Gravel

    Price history

    DateEventPrice
    9/30/2025Sold$480,000-8.6%$115/sqft
    Source: ARMLS #6894127 Report a problem
    7/18/2025Listed for sale$525,000+72.1%$126/sqft
    Source: ARMLS #6894127 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    5/28/2017Listing removed$1,350
    Source: Owner Report a problem
    5/2/2017Listed for rent$1,350
    Source: Owner Report a problem
    3/30/2016Sold$305,000-6.1%$73/sqft
    Source: ARMLS #5390584 Report a problem
    2/25/2016Price change$324,900-0.8%$78/sqft
    Source: S. J. Fowler Real Estate, Inc. #5390584 Report a problem
    2/23/2016Listed for sale$327,500$79/sqft
    Source: S.J. Fowler #5337592 Report a problem
    1/21/2016Listing removed$327,500$79/sqft
    Source: S. J. Fowler Real Estate, Inc. #5337592 Report a problem
    11/26/2015Price change$327,500-0.7%$79/sqft
    Source: S. J. Fowler Real Estate, Inc. #5337592 Report a problem
    9/21/2015Listed for sale$329,900$79/sqft
    Source: S. J. Fowler Real Estate, Inc. #5337592 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,064 +0.5%$46,120 +7.3%
    2024$1,058 -0.8%$43,000 +337.5%
    2023$1,067 +1.6%$9,829 -59.9%
    2022$1,050 +0.1%$24,520 +14.2%
    2021$1,049 +7%$21,470 +10.3%
    2020$980 +4.2%$19,470 +17.5%
    2019$941 $16,570 +23.7%
    2018$941 +11.6%$13,400 +9.8%
    2017$843 +8.2%$12,200 +6.3%
    2016$779 -2.4%$11,480 +14.6%
    2015$799 $10,020 +31.8%
    2014-- $7,600 +31.9%
    2013-- $5,760 +5.7%
    2012-- $5,450 -35%
    2011-- $8,380 -27.6%
    2010-- $11,570 -39.5%
    2009-- $19,120 -3.9%
    2008-- $19,900 +1.8%
    2007-- $19,550 +38.2%
    2006-- $14,150
    2005-- $14,150 +25.8%
    2004-- $11,250
    2003-- $11,250 +16.6%
    2002-- $9,650

    Find assessor info on the county website

    Neighborhood: 85201

    Nearby schools

    GreatSchools rating
    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
    $476,700
    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
    $476,700