1063 N July Circle Mesa, AZ $ 575,000
1063 N July Circle
$ 575,000
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1063 N July Circle

Mesa, AZ, 85203
$ 575,000
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 1972.

Prime Investment Opportunity! This fully remodeled duplex in North Mesa delivers an impressive 8% cap rate and multiple high-performing rental strategies. Situated on a quiet July Circle cul-de-sac, this property features two updated units designed for strong, consistent cash flow and minimal vacancy. Both units offer modern finishes, efficient layouts, and private backyard spaces--ideal for traditional long-term tenants, furnished mid-term rentals, traveling professionals, or even a pad-split configuration to maximize income. With ample parking and low-maintenance landscaping, this property is built for streamlined management and stable returns. A turnkey, high-yield asset--opportunities like this are rare! For an owner occupant ask us about the $5K grant available for this duplex! This building is by far the best looking building in the neighborhood with endless possibilities.

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Multi-Family Active

Price

$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 774

Style

Multiple Dwellings

Year Built

1972

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7002732

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Concrete
Zoning residential
Construction Materials Brick Veneer Brick
Year Built 1972
Electric SRP
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 49020.0
Community Features No Pool
County Maricopa
Net Operating Income 51600.0
Operating Expense 1372.93
Insurance Expense 478.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name Enchanted Village
Garage Y/N N
Status Active
Directions From University and Mesa Drive turn left (north) onto N Mesa Dr and continue driving turn left (west) onto E Brown Rd. from there turn right (north) onto N July Circle.
High School Westwood High School
City Mesa
Disclosures None
High School District Mesa Unified District
Open Parking Spaces 0.0
Number Of Units Total 2
Carport Y/N N
Elementary School Kerr Center for Agriscience
Tax Annual Amount 774.93
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 117
Cap Rate 8.97
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Carport
Water Source Individual Meter
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 6996
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1063
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* Excluded Features
List By
Realty One Group

Broker

therealtorerin@gmail.com

Email

Affordability Calculator

$3,605
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$65
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
4895090 Elementary School
4327595 Middle School
Westwood High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$575,000 Listed Price

Map


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1063 N July Circle, Mesa, AZ, 85203 is a Multi-Family Home for sale at $575,000. 1063 N July Circle is a studio with 0.0 baths and was built in 1972. The property's zip code is 85203 which is in Mesa, AZ