1546 E Broadway Road, Mesa, AZ 85204
- $675,000
- 6
- BD
- 4
- BA
- List Price
- $675,000
- Status
- ACTIVE
- Days on Market
- 5
- MLS#
- 7066921
- City
- Mesa
- Bedrooms
- 6
- Bathrooms
- 4
- Year Built
- 1971
Property Description
Great opportunity to own an income producing 4 plex in Mesa. Two one bed/one bath apartments and two 2bed/one bath apartments. Building has new exterior paint. This building does share a common area courtyard with 1540 E Broadway Rd and they need to be bought together. Unit D tenant has been there just over a year the other 3 tenants are all long term. Units have not been remodeled and could use some TLC.
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Additional Information
- Taxes
- $1,166
- Net Operating Income
- $28,594
- Cap Rate
- 4.24
- Units
- 4
- Parking Features
- Carport, <1 Space Per Unit, On Street
- Construction
- Block, Brick, Wood Frame, Painted, Siding
- Roofing
- Composition
- Cooling
- Central Air, Heat Pump
- Heating
- Heat Pump, Central
- Zoning
- C-G
- Subdivision
- Mesa Homes 2 Replatted
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Tenant Pays
- Electricity
- New Financing
- Conventional, No Carry, Cash
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Listing courtesy of Erickson Realty Group L.L.C..
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.