8232 E University Drive, Mesa, AZ 85207
- $1,450,000
- 12
- BD
- 12
- BA
- Sold Price
- $1,450,000
- List Price
- $1,499,900
- Status
- CLOSED
- Closing Date
- Sep 30, 2026
- Days on Market
- 1
- MLS#
- 7053038
- City
- Mesa
- Bedrooms
- 12
- Bathrooms
- 12
- Year Built
- 2025
Property Description
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!
/u.realgeeks.media/getmultifamily/header.png)
Additional Information
- Taxes
- $843
- Net Operating Income
- $103,920
- Cap Rate
- 6.93
- Units
- 4
- Flooring
- Ceramic Tile
- Parking Features
- 1 Space/Unit, On Street, >1 Space Per Unit, Garage Door Opener, Attached Garage
- Construction
- Wood Frame, Painted, Stucco, Board & Batten Siding, Lap Siding
- Roofing
- Composition, Metal
- Cooling
- Electric, Ceiling Fan(s)
- Heating
- Heat Pump, Zoned
- Zoning
- Residental
- Exterior Features
- Sidewalk(s)
- Subdivision
- Project 4
- Community Features
- Other
- Electric
- SRP
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection, Cable TV
- New Financing
- Conventional, 1031 Exchange, Cash
Courtesy of Balboa Realty, LLC. 602-899-6675 Selling Office: Lost Dutchman Realty.
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.