1861 N Spring --, Mesa, AZ 85203

Local realty services provided by:CENTURY 21 Arizona Foothills
1861 N Spring --,Mesa, AZ 85203
$749,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: silvia del toro ochoa
Office: my home group real estate
MLS#:7045584
Source:ARMLS

Price summary

  • Price:$749,999

About this home

Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!

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Home facts

  • Year built:1984
  • Listing ID #:7045584
  • Updated:June 24, 2026 at 02:33 AM

Rooms and interior

  • Flooring:Wood

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1984
  • Construction Materials:Painted

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$749,999
  • Tax amount:$1,483 (2025)

Parking

  • Total parking spaces:4
  • Parking description:1 Parking Space/Unit
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Floyd Scott