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8232 E UNIVERSITY Drive Mesa, AZ $ 1,499,900
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8232 E UNIVERSITY Drive
$ 1,499,900
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New Construction
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8232 E UNIVERSITY Drive

Mesa, AZ, 85207
$ 1,499,900
Baths0.0

Monthly Estimate*

$ 9,471

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Studio

Multi-Family Home for sale in Mesa, AZ

for $1,499,900. This home was built in 2025.

NEWLY BUILT investment 4-plex located in the NEW Community of Balboa Village in East Mesa, it offers 3 beds & 2 baths + powder room. The inviting interior features tons of natural light, 10' & 9' tall ceilings, a neutral palette, wood-look tile flooring downstairs, & plush carpet upstairs. You'll love the seamlessly flowing open layout! The impressive kitchen boasts SS appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry w/crown molding, and an island w/breakfast bar. The main bedroom is downstairs, featuring its own outdoor access & an ensuite with dual sinks & a walk-in closet. The large secondary bedrooms are upstairs, along with a shared full bathroom. PLUS! This gem comes with an attached 1-car garage w/driveway for additional parking!

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Multi-Family Pending

Price

$ 1,499,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 843

Style

Multiple Dwellings

Year Built

2025

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

7053038
Features
General
Sewer Public Sewer
Heating Zoned Heat Pump
Cooling Ceiling Fan(s) Electric
Roof Composition Metal
Zoning Residental
Security Features Fire Sprinklers
Construction Materials Lap Siding Board & Batten Siding Wood Frame Painted Stucco
Year Built 2025
Electric SRP
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 5220.0
Community Features Other
County Maricopa
Net Operating Income 103920.0
Operating Expense 10363.0
Insurance Expense 2080.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 960.0
Subdivision Name PROJECT 4
Garage Y/N Y
Status Pending
City Mesa
Disclosures None
High School District Mesa Unified District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 843.0
Property Condition Under Construction
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Elementary School District Mesa Unified District
Tax Lot 6
Cap Rate 6.93
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Attached Garage Garage Door Opener >1 Space Per Unit 1 Space/Unit On Street
Water Source City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 6000
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Carpet Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 8232
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* Excluded Features
List By
Balboa Realty, Llc

Broker

denver@balboarealtyaz.com

Email

Affordability Calculator

$9,541
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$70
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/11/2026$1,499,900 Listed Price

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8232 E UNIVERSITY Drive, Mesa, AZ, 85207 is a Multi-Family Home for sale at $1,499,900. 8232 E UNIVERSITY Drive is a studio with 0.0 baths and was built in 2025. The property's zip code is 85207 which is in Mesa, AZ

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