1142 N APRIL Circle Mesa, AZ $ 1,400,000
1142 N APRIL Circle
$ 1,400,000
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1142 N APRIL Circle

Mesa, AZ, 85203
$ 1,400,000
Baths0.0

Monthly Estimate*

$ 8,620

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Studio

Multi-Family Home for sale in Mesa, AZ

for $1,400,000. This home was built in 1970.

Sale includes 9 units located at 1142, 1149, and 1150 N April Circle. All 3 triplexes must be sold together. Originally constructed in 1970, the property has been self-managed and maintained by current ownership for over 20 years, resulting in strong physical condition and stable operations. Each property has undergone substantial capital improvements in recent years, including the replacement of all three roofs (2018, 2020, 2021), a majority of HVAC systems, and multiple plumbing upgrades. Each of the units also feature private yards, carport parking, and washer/dryer hookups. The property consists of a mix of spacious one, two, and three-bedroom floorplans, supporting strong in-place rents with historically low turnover. Seller intends to review all offers May 8, 2026.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,098

Style

Multiple Dwellings

Year Built

1970

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7021519

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Roof Composition
Zoning multi
Construction Materials Stucco Block
Year Built 1970
Electric SRP
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 149685.12
Community Features No Pool
County Maricopa
Net Operating Income 124061.0
Operating Expense 26455.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name ENCHANTED VILLAGE
Garage Y/N N
Status Active
City Mesa
Disclosures None
High School District Mesa Unified District
Open Parking Spaces 0.0
Number Of Units Total 9
Carport Y/N N
Tax Annual Amount 1098.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Mesa Unified District
Tax Lot 84
Cap Rate 8.86
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Laminate Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features 1 Space/Unit
Water Source City Franchise
Total Parking 9.0
Number of Buildings 3
Spa N
Lot Dimensions 8346
Road Surface Type Asphalt
Covered Spaces 9.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1142
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* Excluded Features
List By
Matthews Real Estate Investment Services

Broker

brad.skenderian@matthews.com

Email

Affordability Calculator

$8,712
Per Month
99%
1%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$92
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
4327115 Elementary School
4327715 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$1,400,000 Listed Price

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1142 N APRIL Circle, Mesa, AZ, 85203 is a Multi-Family Home for sale at $1,400,000. 1142 N APRIL 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