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238 N STANDAGE Street Mesa, AZ $ 485,000
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$ 485,000 Get more info
238 N STANDAGE Street
$ 485,000
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Share Save

238 N STANDAGE Street

Mesa, AZ, 85201
$ 485,000
Baths0.0

Monthly Estimate*

$ 3,026

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Studio

Multi-Family Home for sale in Mesa, AZ

for $485,000. This home was built in 1973.

Rare opportunity for investors or owner-occupants seeking a well-maintained property with stable rental income and strong future potential. Featuring 2,470sf, total livable space with two large units—3-bedroom, 2-bath and a 2-bedroom, 1-bath & ideal location near the Mesa-Tempe border. Both units have some updating: in 2025, 2/1 unit updated with new kitchen cabinets, appliances, stove, fridge, dishwasher, and also has washer/dryer hookups. This unit currently vacant after remodel. The larger 3/2 unit was updated: 2018, kitchen, appliances, HVAC 2025, & has washer/dryer inside. Both units also enjoy a private backyard with block fencing & separate storage. Great location near 101 & 202 freeways, ballparks, schools, shopping, and a strong job base, and proximity to ASU.

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Multi-Family Pending

Price

$ 485,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,194

Style

Multiple Dwellings

Year Built

1973

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6909926
Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric Individual
Roof Built-Up
Zoning R-2
Construction Materials Painted Block Slump Block
Year Built 1973
Electric SRP
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 35868.0
Community Features No Pool
County Maricopa
Net Operating Income 27774.0
Operating Expense 6813.0
Insurance Expense 1830.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 949.0
Subdivision Name MESA VERDE UNIT 2
Garage Y/N N
Status Pending
Directions West on University to Standage south on Standage
High School Westwood High School
City Mesa
Disclosures None
High School District Mesa Unified District
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Elementary School Emerson Elementary School
Tax Annual Amount 1194.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Carson Junior High School
Water Sewer Expense 1875.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Tenant
Elementary School District Mesa Unified District
Tax Lot 71
Cap Rate 5.73
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash 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 >1 Space Per Unit Carport
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 6959
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 238
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

JulieRickliRealtor@gmail.com

Email

Affordability Calculator

$3,125
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,026
Monthly Property Taxes
$100
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
4327578 Elementary School
4327344 Middle School
Westwood High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/25/2025$473,000 Listed Price

Map

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238 N STANDAGE Street, Mesa, AZ, 85201 is a Multi-Family Home for sale at $485,000. 238 N STANDAGE Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 85201 which is in Mesa, AZ

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