449 N DREW Street E Mesa, AZ ^$ 425,000

449 N DREW Street E

^$ 425,000

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449 N DREW Street E

Mesa, AZ, 85201

^$ 425,000

Studio Baths0.0

Monthly Estimate*

^$ 2,651

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Studio

Multi-Family Home for sale in Mesa, AZ

for $425,000. This home was built in 1973.

This Mesa duplex is a smart move for anyone who wants income and location in one package. One unit is move-in ready, the other has a steady long-term tenant, giving you instant help with your monthly payment or immediate cash flow. Updated interiors, private yards, and easy upkeep make this a solid fit for an owner-occupant or an investor. You're near downtown Mesa, the light rail, and minutes from ASU—an area where homes with income potential are getting harder to find. Simple, flexible, and built for long-term value.

Multi-Family Active

Price

^$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 765

Style

Multiple Dwellings

Year Built

1973

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6909072

Features

General

Sewer Public Sewer

Heating Heat Pump

Cooling Central Air Ceiling Fan(s) Electric

Roof Composition

Zoning Duplex

Construction Materials Painted Brick

Year Built 1973

Electric City Electric Individual Meter

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 31168.8

Community Features No Pool

County Maricopa

Net Operating Income 32191.0

Operating Expense 765.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name BIGGS ADD AMD

Garage Y/N N

Status Active

Directions N on Drew St right to Drew St E property on your right. White Duplex. No sign on property.

City Mesa

Disclosures Seller Prop Disc Stm

High School District Mesa Unified District

Open Parking Spaces 4.0

Number Of Units Total 2

Carport Y/N N

Tax Annual Amount 765.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Mesa Unified District

Tax Lot 5

Cap Rate 7.57

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved Free >1 Space Per Unit Carport

Water Source City Franchise

Total Parking 6.0

Number of Buildings 1

Spa N

Lot Dimensions 82.31 x 84.11

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 449

* Excluded Features

List By

Exp Realty

Broker

allison@allisonbuffinga.com

Affordability Calculator

$2,715

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $64
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Mesa, AZ

Average List Price ^$884,533

Percent of Sale Price 108%

About Mesa, AZ

497,111 Population

24% Since 2002

^$51,369 Median Income

36.48 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327115 Elementary School

4327715 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/28/2025	$425,000	-2.30%	Price Down
8/21/2025	$435,000		Listed Price

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449 N DREW Street E, Mesa, AZ, 85201 is a Multi-Family Home for sale at $425,000. 449 N DREW Street E is a studio with 0.0 baths and was built in 1973. The property's zip code is 85201 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/25/2025.

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449 N DREW Street E

Multi-Family Home for sale in Mesa, AZ

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