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1121 N WEDGEWOOD Circle Mesa, AZ $ 525,000
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1121 N WEDGEWOOD Circle
$ 525,000
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1121 N WEDGEWOOD Circle

Mesa, AZ, 85203
$ 525,000
Baths0.0

Monthly Estimate*

$ 3,233

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Studio

Multi-Family Home for sale in Mesa, AZ

for $525,000. This home was built in 1969.

Investor Special in Mesa! Exceptional Duplex Opportunity with Built-In Income Potential! Rare chance to own a cash-flowing multi-family property featuring two spacious 980 sq. ft. units, each with 2 bedrooms, 1.75 baths, private backyards, and separate utility rooms with washer/dryer. Tenant-friendly features support strong rental appeal and long-term retention. Ideal for investors seeking dual income streams, portfolio growth, or value-add upside. Opportunities to acquire a duplex with this combination of layout, amenities, and income potential are hard to find. Add this high-demand Mesa investment to your portfolio before it's gone! Tenant are month-to-month will go or stay. Live in one and rent the other! Now that's slick! Current rent: $1700 $1500 room for increase!

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Multi-Family Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 968

Style

Multiple Dwellings

Year Built

1969

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7020101
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air Ceiling Fan(s)
Roof Composition
Zoning RES
Construction Materials Brick Veneer Painted Block
Year Built 1969
Electric City Electric
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 36480.0
Community Features No Pool
County Maricopa
Net Operating Income 25433.63
Operating Expense 968.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name ENCHANTED VILLAGE
Garage Y/N N
Status Active
Directions East on Brown North on Wedgewood. Property on Right in cul-de-sac.
High School Westwood High School
City Mesa
Disclosures Seller Prop Disc Stm
High School District Mesa Unified District
Open Parking Spaces 4.0
Number Of Units Total 2
Carport Y/N N
Elementary School Eisenhower Center For Innovation
Tax Annual Amount 968.0
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 165
Cap Rate 4.84
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features >1 Space Per Unit Carport
Water Source City Franchise
Total Parking 5.0
Number of Buildings 1
Spa N
Lot Dimensions 8403
Road Surface Type Concrete
Covered Spaces 1.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 1121
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* Excluded Features
List By
Rosewood Realty Llc

Broker

rod@realtor-rod.com

Email

Affordability Calculator

$3,313
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$81
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
4328068 Elementary School
4327595 Middle School
Westwood High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/28/2026$525,000 Listed Price

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1121 N WEDGEWOOD Circle, Mesa, AZ, 85203 is a Multi-Family Home for sale at $525,000. 1121 N WEDGEWOOD Circle is a studio with 0.0 baths and was built in 1969. The property's zip code is 85203 which is in Mesa, AZ

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