5825 E UNIVERSITY Drive # 105-108 Mesa, AZ ^$ 850,000

5825 E UNIVERSITY Drive # 105-108

^$ 850,000

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5825 E UNIVERSITY Drive # 105-108

Mesa, AZ, 85205

^$ 850,000

Studio Baths0.0

Monthly Estimate*

^$ 5,303

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Studio

Multi-Family Home for sale in Mesa, AZ

for $850,000. This home was built in 1983.

Welcome to this excellent investment opportunity, a charming multi-unit residential building, ideally situated in a sought-after location that combines convenience with comfort. This single-story block construction property features four well-appointed units, perfectly designed for modern living. Comprising of two 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units, offering diverse living options that cater to a variety of lifestyles. Each unit comes with their own private patio, one covered parking space and are individually metered for electricity, allowing residents to manage their utility expenses with ease. Your tenants will benefit from it's location which provides easy access to local amenities, shopping, dining, and transportation.

Multi-Family Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 985

Style

Multiple Dwellings

Year Built

1983

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6958810

Features

General

Sewer Sewer-In & Connected Public Sewer

Heating Central Electric

Cooling Central Air Electric

Roof Composition

Zoning M-M

Construction Materials Brick Veneer Stone Slump Block

Year Built 1983

Electric SRP Individual Meter

Township 1N

Unit Number 105-108

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 58140.0

Community Features No Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 3985.0

Property Type Multiple Dwellings

Attached Garage N

Garage Y/N N

Status Active

Directions East on University South on 58th St 2nd property on the left.

High School Red Mountain High School

City Mesa

Disclosures Seller Prop Disc Stm

High School District Mesa Unified District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Elementary School Mendoza Elementary School

Tax Annual Amount 985.0

Electric Expense 3000.0

Middle/Junior High School Shepherd Junior High School

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 0

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Carpet Ceramic Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Assigned Add'l Parking Avail 1 Space/Unit Carport

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 131 X 103

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5825

* Excluded Features

List By

Engel & Voelkers Scottsdale

Broker

torie@theellensteam.com

Affordability Calculator

$5,385

Per Month

Monthly Principal & Interest: $5,303
Monthly Property Taxes: $82
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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 ^$799,675

Percent of Sale Price 6%

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.

4327135 Elementary School

4327331 Middle School

Red Mountain High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/17/2025	$850,000		Listed Price

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5825 E UNIVERSITY Drive # 105-108, Mesa, AZ, 85205 is a Multi-Family Home for sale at $850,000. 5825 E UNIVERSITY Drive # 105-108 is a studio with 0.0 baths and was built in 1983. The property's zip code is 85205 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 12/24/2025.

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5825 E UNIVERSITY Drive # 105-108

Multi-Family Home for sale in Mesa, AZ

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