1144 N Wedgewood Circle
Mesa, AZ, 85203 $ 550,000
Bedrooms4 Baths0.0 Monthly Estimate*
$ 3,799
for $550,000 with 4 bedrooms. This home was built in 1970.
TWO HOMES. ONE SMART INVESTMENT! Excellent opportunity to own an updated, single-level Mesa duplex on a generous 10,313 SF lot. Whether you're looking to expand your investment portfolio, generate rental income from both units, or live in one while the other helps offset your mortgage, this property offers plenty of possibilities. Each unit offers 765 SF with 2 bedrooms, 2 baths, an attached carport, an additional parking space, and a long driveway. One unit is currently tenant-occupied, providing immediate rental income, while the other is vacant and beautifully updated. The refreshed unit is bright and airy, showcasing a gorgeous kitchen with espresso-toned cabinetry, quartz countertops, brand-new stainless steel appliances, and a subway tile backsplash. Natural wood-look laminate flooring runs throughout, creating a warm, contemporary feel. The primary bathroom features a dual vanity, updated fixtures and mirrors, and a stunning ocean-blue tiled walk-in shower with dual showerheads. The second full bath includes a bathtub with designer tile in the tub surround and flooring. Additional features include an indoor laundry room with washer and dryer included, along with a brand-new water heater. The tenant-occupied unit, a mirror of the updated floor plan, offers an opportunity for future improvements and added value. With two separate living spaces, convenient parking, and the flexibility to generate income from one or both units, this property presents an appealing opportunity for both new and experienced investors. One property, two income-producing possibilities, and room to build long-term value!
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FeaturesGeneralSewer Public Sewer Sewer-In & Connected
Heating Electric
Cooling Central Air Ceiling Fan(s)
Roof Composition
Zoning Multi-Family
Construction Materials Painted Block
Year Built 1970
Electric City Electric Individual Meter
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 39330.0
Community Features Other
County Maricopa
Net Operating Income 31806.46
Operating Expense 6804.0
Insurance Expense 2127.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name Enchanted Village
Garage Y/N N
Status Active
Directions East on Brown N on Wedgewood to cul-de-sac to show 1144 N Wedgewood Circle only (vacant)
High School Westwood High School
City Mesa
Disclosures None
High School District Mesa Unified District
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Elementary School Kerr Center for Agriscience
Tax Annual Amount 1101.0
Electric Expense 1680.0
Fuel Expense 480.0
Middle/Junior High School Kino Junior High School
Water Sewer Expense 816.0
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 Vacant
Elementary School District Mesa Unified District
Tax Lot 160
Cap Rate 5.78
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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ExteriorExterior Amenities Sidewalk(s)
Parking Features Off Street Attached Carport Paved >1 Space Per Unit Carport
Water Source Individual Meter
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 95.8 X 57.87 X 106.75 X 40.17 X 92.15
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorFlooring Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 4
Total Baths 4
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* Excluded FeaturesList Byoffers@azflatfee.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,799
- Monthly Property Taxes
- $92
- 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.
Learn more about how to save NearbyMulti-family listings in Mesa, AZ
Average List Price $735,274
Percent of Sale Price 34%
About Mesa, AZ 497,111 Population
24% Since 2002
$ 51,369 Median Income
36.48 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4895090 Elementary School
4327595 Middle School
Westwood High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/5/2026 | $550,000 | | Listed Price |