2216 E BROADWAY Road Mesa, AZ ^$ 695,000

2216 E BROADWAY Road

^$ 695,000

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Recently Listed

2216 E BROADWAY Road

Mesa, AZ, 85204

^$ 695,000

Studio Baths0.0

Monthly Estimate*

^$ 4,279

2216 E BROADWAY Road, Mesa, AZ 85204 - Image 1

2216 E BROADWAY Road, Mesa, AZ 85204 - Image 2

2216 E BROADWAY Road, Mesa, AZ 85204 - Image 3

Studio

Multi-Family Home for sale in Mesa, AZ

for $695,000. This home was built in 1972.

Fantastic investment opportunity in Central Mesa. This 4plex features all 2 bed 1 bath units with long term tenants already in place. Current rents are below market but all 4 tenants are on month to month leases, so increasing rents is possible with 30 day notices. All facts and figures approximate, buyer to verify to their satisfaction.

Multi-Family Active

Price

^$ 695,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,269

Style

Multiple Dwellings

Year Built

1972

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7040102

Features

General

Sewer Public Sewer

Heating Central Heat Pump Electric

Cooling Central Air Electric Heat Pump

Roof Composition

Zoning M-H

Construction Materials Wood Siding Wood Frame Block

Year Built 1972

Electric SRP

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 47760.0

Community Features No Pool

County Maricopa

Net Operating Income 47760.0

Operating Expense 1269.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name OAK PARK MESA UNIT 2

Garage Y/N N

Status Active

City Mesa

Disclosures Seller Prop Disc Stm

High School District Mesa Unified District

Open Parking Spaces 3.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 1269.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Mesa Unified District

Tax Lot 82

Cap Rate 6.87

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Detached Carport 1 Space/Unit

Water Source City Franchise

Total Parking 6.0

Number of Buildings 1

Spa N

Lot Dimensions 8764 sq ft

Road Surface Type Asphalt

Covered Spaces 3.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2216

* Excluded Features

List By

Erickson Realty Group L.L.C.

Broker

wally@ericksonrealtygroup.com

Affordability Calculator

$4,385

Per Month

Monthly Principal & Interest: $4,279
Monthly Property Taxes: $106
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$924,618

Percent of Sale Price 33%

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.

4327115 Elementary School

4327715 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/11/2026	$695,000		Listed Price

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2216 E BROADWAY Road, Mesa, AZ, 85204 is a Multi-Family Home for sale at $695,000. 2216 E BROADWAY Road is a studio with 0.0 baths and was built in 1972. The property's zip code is 85204 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 6/11/2026.

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2216 E BROADWAY Road

Multi-Family Home for sale in Mesa, AZ

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