1129 N WEDGEWOOD Circle Mesa, AZ ^$ 575,000

1129 N WEDGEWOOD Circle

^$ 575,000

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1129 N WEDGEWOOD Circle

Mesa, AZ, 85203

^$ 575,000

Studio Baths0.0

Monthly Estimate*

^$ 3,540

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Studio

Multi-Family Home for sale in Mesa, AZ

for $575,000. This home was built in 1970.

Fantastic investment opportunity in Mesa! This well-maintained duplex sits on a desirable cul-de-sac lot, with the front unit A is currently occupied, offering immediate rental income. Each unit features a spacious 2-bedroom, 2-bathroom layout with detached interior laundry. Unit B, located at the rear, includes an expansive enclosed patio and additional paved parking with convenient alley access. Both units offer covered carport parking and includes a full roof replacement in 2018 and interior updates completed in 2020. With strong rental history and functional layouts, this property presents an excellent opportunity for investors or owner-occupants looking to offset their mortgage with income.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,000

Style

Multiple Dwellings

Year Built

1970

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6986665

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Ceiling Fan(s)

Roof Composition

Zoning [M-H] MULTI-FAM

Construction Materials Wood Frame Painted

Year Built 1970

Electric SRP

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 51600.0

Community Features No Pool

County Maricopa

Net Operating Income 47300.0

Operating Expense 4299.0

Insurance Expense 1299.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name ENCHANTED VILLAGE

Garage Y/N N

Status Active

Directions Go west on E Brown Turn North on N Wedgewood Circle Destination is on the right

High School Westwood High School

City Mesa

Disclosures Seller Prop Disc Stm

High School District Mesa Unified District

Open Parking Spaces 6.0

Number Of Units Total 2

Carport Y/N N

Elementary School Kerr Center for Agriscience

Tax Annual Amount 3000.0

Middle/Junior High School Kino 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

Occupancy Type Tenant

Elementary School District Mesa Unified District

Tax Lot 164

Cap Rate 8.23

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Tile Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Attached Carport >1 Space Per Unit

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 7327

Road Surface Type Concrete

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1129

* Excluded Features

List By

Exp Realty

Broker

Anthony@4tunaproperties.com

Affordability Calculator

$3,790

Per Month

Monthly Principal & Interest: $3,540
Monthly Property Taxes: $250
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Mesa, AZ

Average List Price ^$962,319

Percent of Sale Price 67%

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.

4895090 Elementary School

4327595 Middle School

Westwood High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2026	$575,000		Listed Price

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1129 N WEDGEWOOD Circle, Mesa, AZ, 85203 is a Multi-Family Home for sale at $575,000. 1129 N WEDGEWOOD Circle is a studio with 0.0 baths and was built in 1970. The property's zip code is 85203 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 2/20/2026.

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1129 N WEDGEWOOD Circle

Multi-Family Home for sale in Mesa, AZ

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