120 S LEBARON -- # 1 Mesa, AZ $ 439,900
120 S LEBARON -- # 1
$ 439,900
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120 S LEBARON -- # 1

Mesa, AZ, 85210
$ 439,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,778

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Multi-Family Home for sale in Mesa, AZ

for $439,900 with 4 bedrooms. This home was built in 1955.

Two on LeBaron is a charming and highly desirable duplex opportunity featuring two unique, spacious units, each offering its own private backyard and in-unit washer and dryer. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. Property Highlights Duplex | 2 separate residences Front Unit: Very large 3-bedroom / 1.5-bathroom $1,750 currently rented Rear Unit: Spacious open-concept studio with fireplace $1,000 currently rented Private backyard for each unit Washer & dryer in each unit Unique layouts with strong tenant appeal Excellent opportunity for an owner-occupant or investor Potential for strong rental demand and income diversification Separately usable outdoor spaces enhance privacy and livability Investment Opportunity Two on LeBaron offers investors the opportunity to own a well-positioned, income-producing duplex with two distinctly appealing residences. The combination of a large 3-bedroom home and a spacious studio creates a diversified rental profile, while the private yards and in-unit laundry provide amenities that are highly desirable to today's tenants. The property also presents an attractive house-hacking opportunity, allowing an owner to live in one unit while generating rental income from the other. With its combination of space, privacy, character, and functional amenities, Two on LeBaron is an excellent opportunity for investors seeking a smaller multifamily asset with multiple potential strategies for maximizing value and long-term returns.

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Multi-Family Active

Price

$ 439,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,206

Style

Multiple Dwellings

Year Built

1955

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7084014

Features
General
Sewer Public Sewer
Heating See Remarks Central Window/Wall Unit(s)
Cooling None
Roof Composition
Zoning r-3
Construction Materials Block
Year Built 1955
Electric SRP
Township 1N
Unit Number 1
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 33000.0
Community Features Other
County Maricopa
Net Operating Income 25294.0
Operating Expense 7706.0
Insurance Expense 1800.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1500.0
Subdivision Name MESA ARIZONA
Garage Y/N N
Status Active
City Mesa
Disclosures Other (See Remarks)
High School District Mesa Unified District
Open Parking Spaces 4.0
Number Of Units Total 2
Carport Y/N N
Tax Annual Amount 1206.0
Fuel Expense 0.0
Trash Expense 1000.0
Water Sewer Expense 1000.0
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 6
Cap Rate 5.75
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 Tile Laminate
Air Conditioning Y/N N
Heating Y/N Y
Total Bedrooms 4
Total Baths 3
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Exterior
Parking Features Other
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 5 250
Road Surface Type Concrete
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Incyte Realty, Llc

Broker

sophia@cooperlpg.com

Email

Affordability Calculator

$2,878
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,778
Monthly Property Taxes
$101
Monthly 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
4327115 Elementary School
4327715 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$439,900 Listed Price

Map


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120 S LEBARON -- # 1, Mesa, AZ, 85210 is a Multi-Family Home for sale at $439,900. 120 S LEBARON -- # 1 has 4 bedrooms, 0.0 baths, and was built in 1955. The property's zip code is 85210 which is in Mesa, AZ