$2,000,000
$2,400,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
750 E 1ST Avenue Mesa, AZ 85204
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Chula Vista Amd
MLS Listing ID 6989123
Sold Date 07/21/26
Year Built 1978
Annual Tax Amount $298
Tax Year 2025
Lot Dimensions IRR
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
750 E 1st Avenue presents a 16 unit multifamily investment opportunity in the heart of Mesa, Arizona. Offering stable in-place income with clear operational upside. Comprised of a desirable mix of studio and 1bed/1bath units, the property is well positioned to capitalize on continued rental demand in a strong workforce housing corridor. Located just minutes from Downtown Mesa, light rail access, major freeways, and expanding retail and employment hubs, the asset combines dependable cash flow with long term growth potential in one of the East Valley's most active submarkets.
Location
State AZ
County Maricopa
Community Chula Vista Amd
Area Maricopa
Zoning MF or FBC T4
Direction Head West on Mesa's New Main Street to Horne, South on Horne and the property is on the North West corner of Horne and 1st AVE
Interior
Heating Individual, Electric
Cooling Central Air, Ceiling Fan(s), Electric, Individual
Flooring Tile
Appliance Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
Exterior
Parking Features >1 Space Per Unit
Community Features No Pool
Roof Type Composition,Foam
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-28-079
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
Financing Cash
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Bought with Orion Investment Real Estate