532 S MESA Drive # B Mesa, AZ ^$ 525,000

532 S MESA Drive # B

^$ 525,000

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532 S MESA Drive # B

Mesa, AZ, 85210

^$ 525,000

Studio Baths0.0

Monthly Estimate*

^$ 3,315

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Studio

Multi-Family Home for sale in Mesa, AZ

for $525,000. This home was built in 1981.

Calling all investors!! BRAND NEW ROOF February 2026 & NEWER Exterior Paint in 2025. This Triplex is fully leased out with gross rents totaling $3,194 a month. Triplex has some upgrades over the years with flooring, bathrooms, and PEX plumbing. One unit upstairs and two units downstairs. Downstairs units have private backyards and BASEMENTS, huge attraction for tenants!! Also, plenty of parking in parking lot designated for the three triplex's in this private area tucked back off of Mesa Drive. Owner pays water/sewer/trash and Tenants pay electric. Please do not disturb tenants - drive by only.

Multi-Family Active

Price

^$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 802

Style

Multiple Dwellings

Year Built

1981

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7044313

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric

Roof Composition

Zoning R2

Construction Materials Wood Frame Painted Stucco

Year Built 1981

Electric City Electric

Township 1N

Unit Number B

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 37178.16

Community Features Other See Remarks

County Maricopa

Net Operating Income 16420.0

Operating Expense 10072.0

Insurance Expense 2000.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 2000.0

Subdivision Name ALMOND PLACE

Garage Y/N N

Status Active

Directions Between Broadway and Southern off of Mesa Dr. Enter west onto private drive to 2nd building in the middle tucked well off of Mesa Dr.

High School Mesa High School

City Mesa

Disclosures None

High School District Mesa Unified District

Open Parking Spaces 3.0

Number Of Units Total 3

Carport Y/N N

Elementary School Holmes Elementary School

Tax Annual Amount 802.0

Electric Expense 0.0

Fuel Expense 0.0

Middle/Junior High School Franklin Junior High School

Trash Expense 0.0

Water Sewer Expense 2150.0

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 3

Cap Rate 3.13

New Financing: Conventional True

Senior Community N

New Financing: FHA True

Interior

Flooring Carpet Ceramic Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved 1 Space/Unit

Water Source City Franchise

Total Parking 3.0

Number of Buildings 1

Spa N

Lot Dimensions IRR

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 532

* Excluded Features

List By

Real Broker

Broker

clientcare@cookandassociatesaz.com

Affordability Calculator

$3,382

Per Month

Monthly Principal & Interest: $3,315
Monthly Property Taxes: $67
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$880,926

Percent of Sale Price 68%

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.

4327620 Elementary School

4327040 Middle School

Mesa High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/19/2026	$525,000		Listed Price

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532 S MESA Drive # B, Mesa, AZ, 85210 is a Multi-Family Home for sale at $525,000. 532 S MESA Drive # B is a studio with 0.0 baths and was built in 1981. The property's zip code is 85210 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/5/2026.

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532 S MESA Drive # B

Multi-Family Home for sale in Mesa, AZ

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