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225 W 1ST Avenue # 1-4 Mesa, AZ $ 650,000
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225 W 1ST Avenue # 1-4
$ 650,000
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225 W 1ST Avenue # 1-4

Mesa, AZ, 85210
$ 650,000
Baths0.0

Monthly Estimate*

$ 4,002

225 W 1ST Avenue # 1-4, Mesa, AZ 85210 - Image 1
Studio

Multi-Family Home for sale in Mesa, AZ

for $650,000. This home was built in 1947.

This property is a Gem for someone that wants to update it and turn it into an Airbnb rental, or use it for a commercial purpose as it can be any type of commercial property. Tile throughout units. Close to light rail and downtown Mesa.

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,238

Style

Multiple Dwellings

Year Built

1947

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7028075
Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Electric
Roof Rolled/Hot Mop
Zoning Commercial
Construction Materials Wood Frame Stucco
Year Built 1947
Electric APS
Township 1N
Unit Number 1-4
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 66600.0
Community Features No Pool
County Maricopa
Net Operating Income 54600.0
Operating Expense 1238.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name RIGGS TRACT
Garage Y/N N
Status Active
Directions North on Country club and right on 1st AVE to property on your right. Corner lot.
High School Dobson High School
City Mesa
Disclosures None
High School District Mesa Unified District
Open Parking Spaces 8.0
Number Of Units Total 4
Carport Y/N N
Elementary School Lowell Elementary School
Tax Annual Amount 1238.0
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
Elementary School District Mesa Unified District
Tax Lot 1
Cap Rate 8.4
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features On Street
Water Source City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 6 234
Road Surface Type Asphalt
Covered Spaces 0.0
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 1 225
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* Excluded Features
List By
Homesmart

Broker

dgates8383@yahoo.com

Email

Affordability Calculator

$4,105
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$103
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
4897331 Elementary School
4327595 Middle School
Dobson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/14/2026$650,000 Listed Price

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225 W 1ST Avenue # 1-4, Mesa, AZ, 85210 is a Multi-Family Home for sale at $650,000. 225 W 1ST Avenue # 1-4 is a studio with 0.0 baths and was built in 1947. The property's zip code is 85210 which is in Mesa, AZ

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