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313 N Horne Street Mesa, AZ $ 785,000
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$ 785,000 Get more info
313 N Horne Street
$ 785,000
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313 N Horne Street

Mesa, AZ, 85203
$ 785,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 5,422

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Multi-Family Home for sale in Mesa, AZ

for $785,000 with 8 bedrooms. This home was built in 1971.

Great 5 unit building with the perfect mix made up of 3- 2bed ,1 Bath units and 2 units that are 1 bed 1 bath. This property is made up 2 buildings on 1 lot with a large parking lot and additional parking in the front of the buildings. The 2 bedroom units are Approximately 990sqft each and the 1 bedroom units are approximately 700sqft each. There is a Shared laundry room with CSC services washer and dryer and each unit has a separate storage room for addition storage. The lot features large shade trees located closed to shopping, Food Ect.

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Multi-Family Active

Price

$ 785,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 1,975

Style

Multiple Dwellings

Year Built

1971

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7088462
Features
General
Sewer Public Sewer Sewer-In & Connected
Heating Heat Pump
Cooling Central Air Ceiling Fan(s)
Roof Composition
Zoning RM2
Construction Materials Painted Slump Block
Year Built 1971
Electric City Electric Individual Meter
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 69560.4
Community Features No Pool
County Maricopa
Net Operating Income 55711.0
Operating Expense 9695.0
Insurance Expense 1600.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 3200.0
Garage Y/N N
Status Active
Directions From University head South to property on the East side of Horne.
City Mesa
Disclosures None
Open Parking Spaces 11.0
Number Of Units Total 5
Carport Y/N N
Tax Annual Amount 1975.0
Electric Expense 420.0
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 1300.0
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
Tax Lot 8
Cap Rate 6.84
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 8
Total Baths 5
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Exterior
Parking Features <1 Space Per Unit
Water Source City Franchise
Total Parking 11.0
Number of Buildings 2
Spa N
Lot Dimensions 14 200
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 313
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

rtowne@sjfowler.net

Email

Affordability Calculator

$5,586
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,422
Monthly Property Taxes
$165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/19/2026 $785,000 -3.68% Price Down
10/2/2026 $815,000 Listed Price

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313 N Horne Street, Mesa, AZ, 85203 is a Multi-Family Home for sale at $785,000. 313 N Horne Street has 8 bedrooms, 0.0 baths, and was built in 1971. The property's zip code is 85203 which is in Mesa, AZ

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