1138 E 2ND Street, Mesa, AZ 85203
1138 E 2ND Street, Mesa, AZ 85203
1138 E 2ND Street, Mesa, AZ 85203
1138 E 2ND Street, Mesa, AZ 85203
1138 E 2ND Street, Mesa, AZ 85203
1138 E 2ND Street, Mesa, AZ 85203
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Nicolas Toscano

Nicolas Toscano

+1(480) 432-5551
$ 720,000
Est. payment | /mo

8 Beds

Save
$ 720,000
Est. payment | /mo
Save

8 Beds

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Suburban Gardens 2

MLS Listing ID 6861620

Bedrooms 8

Year Built 1973

Annual Tax Amount $1,543

Tax Year 2024

Lot Dimensions 6897

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!

Location

State AZ

County Maricopa

Community Suburban Gardens 2

Area Maricopa

Zoning MULTI

Direction South on Stapley, West on 2nd St

Interior

Heating Other, See Remarks

Cooling Central Air

Flooring Carpet

Appliance Free-Standing Range, Microwave

Exterior

Exterior Feature Sidewalk(s)

Parking Features Carport

Community Features Other, See Remarks

Roof Type Other,Built-Up,Foam,Shake

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 138-20-103

Ownership Fee Simple

Acceptable Financing Other (See Remarks)

Disclosures Other (See Remarks)

Listing Terms Other (See Remarks)

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Professional Real Estate Negotiators • Dale Eames

NEARBY SCHOOLS & PROPERTIES

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Nicolas Toscano
Nicolas Toscano

Mortgage Loan Originator & Realtor License ID: SA709955000 NMLS# 1418692

+1(480) 432-5551

2701 East Insight Way, Suite 150, Chandler

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Nicolas Toscano | NMLS #1418692 | Barrett Financial Group, L.L.C. | NMLS #181106 | 275 E Rivulon Blvd, Suite 200, Gilbert, AZ 85297 | AL 22977 | AK AK181106 | AZ 0904774 | AR 124815 | CA 60DBO-46052 & 41DBO-148702 Licensed by Dept. of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Financing Law License | CO | CT ML-181106 | DE 029971 | DC MLB181106 | FL MLD1880 | GA 181106 | ID 2080181106 | IL MB.6761630 view reinvestment notice barrettfinancial.com/illinois-reinvestment | IN 181106 | IA 2021-0157 | KS MC.0025726 | KY MB757252 & MC763707 | LA | ME 181106 | MD 181106 | MA MC181106 & MC181106 | MI fl0022342 | MN MN-MO-181106 | MS 181106 | MO 181106 | MT 181106 | NE | NV 5091 | NH 24338-MBR | NJ | NM | NC B-203722 | ND MB103863 | OH RM.804600.000 | OK ML013880 | OR | PA 92105 | SC MLS – 181106 | TN 204577 | TX view complaint policy at barrettfinancial.com/texas-complaint | UT 11368611 | VT LL-181106 & MB-181106 | VA MC-7357 & MC-7357 | WA MB-181106 | WV MB-181106 & ML-181106 | WI 181106BA & 181106BR | WY 4211 | Equal Housing Opportunity | This is not a commitment to lend. All loans are subject to credit approval. | nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/181106

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1138 E 2ND Street