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551 S LESUEUR Street Mesa, AZ $ 550,000
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$ 550,000 Get more info
551 S LESUEUR Street
$ 550,000
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Share Save

551 S LESUEUR Street

Mesa, AZ, 85204
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,431

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Studio

Multi-Family Home for sale in Mesa, AZ

for $550,000. This home was built in 1987.

DRIVE By Only. Fully rented 3-plex in Mesa! No HOA. All units are 2 bed/2 bath with private fenced back yards. Professionally managed by On Q Property Management.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 970

Style

Multiple Dwellings

Year Built

1987

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6819026
Features
General
Sewer Public Sewer
Heating Individual Electric
Cooling Electric Individual
Roof Composition
Zoning RM-2
Construction Materials Wood Frame Painted
Year Built 1987
Electric SRP
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 38700.0
Community Features No Pool
County Maricopa
Net Operating Income 31479.0
Operating Expense 7221.0
Insurance Expense 2843.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name HAWS SUBDIVISION 2
Garage Y/N N
Status Active
Directions East on Broadway South on LeSueur property on left
City Mesa
Disclosures Seller Prop Disc Stm
High School District Mesa Unified District
Open Parking Spaces 6.0
Number Of Units Total 3
Carport Y/N N
Tax Annual Amount 970.0
Water Sewer Expense 3408.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Mesa Unified District
Tax Lot 42
Cap Rate 5.72
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved Free >1 Space Per Unit
Water Source Master Meter City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 8002
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 551
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* Excluded Features
List By
On Q Property Management

Broker

shannon@onqpm.com

Email

Affordability Calculator

$3,512
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$81
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327115 Elementary School
4327715 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/27/2025$550,000 -8.18% Price Down
6/16/2025$599,000 -4.92% Price Down
5/12/2025$630,000 -3.08% Price Down
2/12/2025$650,000 Listed Price

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551 S LESUEUR Street, Mesa, AZ, 85204 is a Multi-Family Home for sale at $550,000. 551 S LESUEUR Street is a studio with 0.0 baths and was built in 1987. The property's zip code is 85204 which is in Mesa, AZ

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