434 W IVYGLEN Street # 105 Mesa, AZ $ 710,000
434 W IVYGLEN Street # 105
$ 710,000
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434 W IVYGLEN Street # 105

Mesa, AZ, 85201
$ 710,000
Baths0.0

Monthly Estimate*

$ 4,372

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Studio

Multi-Family Home for sale in Mesa, AZ

for $710,000. This home was built in 1985.

Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures..

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Multi-Family Active

Price

$ 710,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,501

Style

Multiple Dwellings

Year Built

1985

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6982461

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Individual Electric
Cooling Electric Individual
Roof Composition
Zoning C-C
Construction Materials Steel Frame Painted
Year Built 1985
Electric SRP Individual Meter
Township 1N
Unit Number 105
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 51186.0
Community Features No Pool
County Maricopa
Net Operating Income 47070.0
Operating Expense 6810.0
Insurance Expense 1227.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Garage Y/N N
Status Active
High School Westwood High School
City Mesa
Disclosures Other (See Remarks)
High School District Mesa Unified District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N N
Elementary School Whitman Elementary School
Tax Annual Amount 1501.0
Electric Expense 0.0
Fuel Expense 0.0
Trash Expense 2041.0
Water Sewer Expense 2041.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Mesa Unified District
Tax Lot M/B
Cap Rate 6.63
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Assigned >1 Space Per Unit Carport
Water Source City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 7187
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 434
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* Excluded Features
List By
Orchard Brokerage

Broker

eric@ericwilliamsonrealtor.com

Email

Affordability Calculator

$4,497
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,372
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4328124 Elementary School
4327715 Middle School
Westwood High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2026$710,000 Listed Price

Map


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434 W IVYGLEN Street # 105, Mesa, AZ, 85201 is a Multi-Family Home for sale at $710,000. 434 W IVYGLEN Street # 105 is a studio with 0.0 baths and was built in 1985. The property's zip code is 85201 which is in Mesa, AZ