202 E 2nd Avenue, Mesa, AZ 85210

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Sold Price
$1,549,000
List Price
$1,600,000
Status
CLOSED
Closing Date
May 15, 2026
Days on Market
95
MLS#
6964033
City
Mesa
Bedrooms
11
Bathrooms
10
Year Built
1925

Property Description

Price Reduced, 5 Duplex's Single Level Near Downtown Mesa with Excess Land. 2025 Updates and Renovations. This Has Great Potential for Investor or Developer. Excess Land is in the Rear and East Side of Property. Close to Lots of Entertainment and Downtown Mesa is currently seeing significant investment due to the Light Rail extension and the 'Mesa Arts District' revitalization. There is Currently Newer Buildings Surrounding and Even Under Construction. Many Updates Include Some Air Conditioners, All Windows, Roofs Repairs or Replacement and Much More. Light Rail and Many Public Buildings Are Walking Distance. Tenant Attraction is No Issue with So Much in the Way of Activities. All Information is Approximate and Buyers to Verify to Their Satisfaction.

Additional Information

Taxes
$2,064
Net Operating Income
$112,708
Cap Rate
7.04
Units
10
Parking Features
Free, On Street, >1 Space Per Unit
Construction
Wood Frame, Painted, Stucco
Roofing
Foam, See Remarks
Cooling
Central Air, Electric, Varies by Unit, Window/Wall Unit
Heating
Electric, Varies by Unit
Zoning
MULTI
Exterior Features
Sidewalk(s)
Subdivision
Mesa Arizona
Community Features
No Pool
Electric
City Electric, SRP
Water
City Franchise
Sewer
Public Sewer, Sewer-In & Connected
Tenant Pays
Electricity, Cable TV
New Financing
Conventional, Cash
Elementary School
Edison Elementary School
Middle School
Kino Junior High School
High School
Westwood High School

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: Non-MLS Office.

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.

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