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31 W 2ND Street Mesa, AZ $ 3,600,000
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$ 3,600,000 Get more info
31 W 2ND Street
$ 3,600,000
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Share Save

31 W 2ND Street

Mesa, AZ, 85201
$ 3,600,000
Baths0.0

Monthly Estimate*

$ 22,459

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Studio

Multi-Family Home for sale in Mesa, AZ

for $3,600,000. This home was built in 1960.

Situated in the highly sought after Downtown Mesa, The Irving features spacious floor plans averaging 745sf with (8) 2-bed / 1-bath units and (12) 1-bed / 1-bath units. The apartments feature stainless steel appliances, updated flooring, new cabinetry, and in-unit washer and dryer. Residents are sure to enjoy a sparkling pool, central courtyard, covered parking, and pet-friendly policies. The Irving is walking distance to the light-rail and provides easy access to Mesa's business district and cultural attractions like the Mesa Arts Center. Downtown Mesa has undergone significant revitalization, becoming a vibrant hub for arts, dining, and entertainment with a variety of restaurants, breweries, unique shops, public art installations, and cultural events.

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Multi-Family Contingent

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,727

Style

Multiple Dwellings

Year Built

1960

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6878712
Features
General
Sewer Public Sewer
Heating Individual Heat Pump Electric
Cooling Central Air Electric Individual
Roof Composition
Zoning DR-2
Construction Materials Painted Stone Block
Year Built 1960
Electric APS Individual Meter
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 323095.0
Community Features Other Pool
County Maricopa
Net Operating Income 206541.0
Operating Expense 5727.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name MESA CITY ARIZONA
Garage Y/N N
Status UCB (Under Contract-Backups)
City Mesa
Disclosures Other (See Remarks) None
High School District Mesa Unified District
Open Parking Spaces 5.0
Number Of Units Total 20
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 5727.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Elementary School District Mesa Unified District
Tax Lot 6
Cap Rate 5.36
New Financing: Conventional True
Senior Community N
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Interior
Flooring Other Vinyl Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Assigned 1 Space/Unit On Street Carport
Water Source City Franchise
Total Parking 25.0
Lot Size Area 0.0
Number of Buildings 3
Spa N
Lot Dimensions 160ft x 165ft
Lot Size Acres 0.0
Covered Spaces 20.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 31
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* Excluded Features
List By
Abi Multifamily

Broker

carson.griesemer@abimultifamily.com

Email

Affordability Calculator

$22,937
Per Month
98%
2%
0%
Monthly Principal & Interest
$22,459
Monthly Property Taxes
$477
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
7/29/2025$3,600,000 -6.49% Price Down
6/11/2025$3,850,000 Listed Price

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31 W 2ND Street, Mesa, AZ, 85201 is a Multi-Family Home for sale at $3,600,000. 31 W 2ND Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 85201 which is in Mesa, AZ

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