35 N May Street Mesa, AZ $ 2,000,000
35 N May Street
$ 2,000,000
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35 N May Street

Mesa, AZ, 85201
$ 2,000,000
Baths0.0

Monthly Estimate*

$ 12,477

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Studio

Multi-Family Home for sale in Mesa, AZ

for $2,000,000. This home was built in 1981.

Multi-Family Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,043

Style

Multiple Dwellings

Year Built

1981

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6932878

Features
General
Sewer Public Sewer
Heating Central Window/Wall Unit(s) 2 or More Units
Cooling Central Air Window/Wall Unit 2 or More Units
Roof Composition
Zoning RM-4
Construction Materials Wood Frame Stucco
Year Built 1981
Electric City Electric
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 150480.0
Community Features See Remarks No Pool
County Maricopa
Net Operating Income 112000.0
Operating Expense 31264.92
Insurance Expense 7893.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 4458.0
Garage Y/N N
Status Active
Directions May Gardens Apartments is a well-maintained 12-unit multifamily community located in the heart of Mesa. The property features ten (10) one-bedroom one-bath units and two (2) two-bedroom one-bath unit
City Mesa
Disclosures None
Open Parking Spaces 18.0
Number Of Units Total 12
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 3043.0
Electric Expense 614.4
Fuel Expense 0.0
Trash Expense 6940.52
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 86
Cap Rate 5.6
Senior Community N
New Financing: Cash True
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features <1 Space Per Unit
Water Source City Franchise
Total Parking 18.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 16 325
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 35
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* Excluded Features
List By
Orion Investment Real Estate

Broker

cody.leslie@orionprop.com

Email

Affordability Calculator

$12,731
Per Month
98%
2%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$254
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
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/13/2025 $2,000,000 Listed Price

Map


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35 N May Street, Mesa, AZ, 85201 is a Multi-Family Home for sale at $2,000,000. 35 N May Street is a studio with 0.0 baths and was built in 1981. The property's zip code is 85201 which is in Mesa, AZ