2216 E Broadway Road, Mesa, AZ 85204
- $675,000
- 8
- BD
- 4
- BA
- List Price
- $675,000
- Status
- ACTIVE
- Price Change
- ▼ $10,000 1788312577
- Days on Market
- 92
- MLS#
- 7040102
- City
- Mesa
- Bedrooms
- 8
- Bathrooms
- 4
- Year Built
- 1972
Property Description
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.
/u.realgeeks.media/getmultifamily/header.png)
Additional Information
- Taxes
- $1,269
- Net Operating Income
- $47,760
- Cap Rate
- 6.87
- Units
- 4
- Parking Features
- 1 Space/Unit, Detached Carport
- Construction
- Block, Wood Frame, Wood Siding
- Roofing
- Composition
- Cooling
- Central Air, Heat Pump, Electric
- Heating
- Electric, Heat Pump, Central
- Zoning
- M-H
- Subdivision
- Oak Park Mesa Unit 2
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Tenant Pays
- Electricity
- New Financing
- Conventional, Cash
Courtesy of Erickson Realty Group L.L.C.. 480-497-1090
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.