1432 E KNOLL Circle Mesa, AZ $ 699,000
1432 E KNOLL Circle
$ 699,000
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1432 E KNOLL Circle

Mesa, AZ, 85203
$ 699,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 4,828

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Multi-Family Home for sale in Mesa, AZ

for $699,000 with 8 bedrooms. This home was built in 1986.

This 3,400 sq. ft. individually metered fourplex offers investors a perfect blend of stable, immediate cash flow and substantial value-add potential. Consisting entirely of highly rentable 2-bedroom, 1.5-bathroom units (approx. 850 sq. ft. each), this property is designed for efficient management and maximum tenant appeal. Every unit features washer/dryer hookups and spacious outdoor patio area. Individually metered for both water and electric - because tenants pay their own water and electric, owner utility expenses are kept to an absolute minimum. Two units are currently occupied with long term tenants at market rates. One unit has been updated and will be vacated shortly.

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Multi-Family Contingent

Price

$ 699,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 1,887

Style

Multiple Dwellings

Year Built

1986

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7099050

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning RM-3
Construction Materials Wood Frame Stucco
Year Built 1986
Electric SRP Individual Meter
Township 1N
Tax Year 2026
Ownership Fee Simple Fee Simple
Gross Income 59280.0
Community Features No Pool
County Maricopa
Net Operating Income 55000.0
Operating Expense 1887.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name NORTH GATE GARDENS UNIT 2
Garage Y/N N
Status UCB (Under Contract-Backups)
Directions Use GPS
High School Mountain View High School
City Mesa
Disclosures None
High School District Mesa Unified District
Open Parking Spaces 2.0
Number Of Units Total 4
Carport Y/N N
Elementary School MacArthur Elementary School
Tax Annual Amount 1887.0
Middle/Junior High School Stapley 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 Under Contract
Occupancy Type Tenant
Elementary School District Mesa Unified District
Tax Lot 4
Cap Rate 7.87
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 8
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Exterior
Parking Features Off Street Paved Free >1 Space Per Unit
Water Source Individual Meter
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 7320
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1432
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* Excluded Features
List By
Ml Co Realty

Broker

phxburch@gmail.com

Email

Affordability Calculator

$4,985
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,828
Monthly Property Taxes
$157
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
4328452 Elementary School
4327884 Middle School
Mountain View High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2026$699,000 Listed Price

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1432 E KNOLL Circle, Mesa, AZ, 85203 is a Multi-Family Home for sale at $699,000. 1432 E KNOLL Circle has 8 bedrooms, 0.0 baths, and was built in 1986. The property's zip code is 85203 which is in Mesa, AZ