457 E 9TH Avenue

Mesa, AZ 85204

Mesa, AZ 85204

457 E 9TH Avenue

$900,000

MLS#: 7064367

Status: Active

Listing provided by: Better Homes & Gardens Real Estate SJ Fowler

Listing agent phone: None

Last update: a month ago

On site: 2 months ago

CLARKSON MANOR - Residential Income

About

Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots. The current rents are: Unit 1: $1,530 (long term tenant 10+ years) Unit 2: $1,550 (lease ends Sept 30, 2027) Unit 3: $1,530 (long term tenant 10+ years) Unit 4: $1,650 (lease through Jun 30, 2027)) Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. Last repair on the roof was 7/2026. Fresh exterior paint 10/2024 Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026 Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025. Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025, a new water heater in 6/2026. Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026. Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1986

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Carport

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $900,000

  • Tax Amount

    $1,668.6

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Mesa Unified District

  • Middle School

    N/A

  • High School

    Mesa Unified District

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    3

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Mesa Unified District

  • Middle School

  • High School

    Mesa Unified District

Listing Courtesy of Hana Huynh, Better Homes & Gardens Real Estate SJ Fowler

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Agent Tammy Isabell

Tammy Isabell

Agent / Realtor®

Call Tammy today to schedule a private showing.


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Great 5 unit building with the perfect mix made up of 3- 2bed ,1 Bath units and 2 units that are 1 bed 1 bath.  This property is made up 2 buildings on 1 lot with a large parking lot and additional parking in the front of the buildings. The 2 bedroom units are Approximately 990sqft each and the 1 bedroom units are approximately  700sqft each. There is a Shared laundry room with CSC services washer and dryer and each unit has a separate storage room for addition storage. The lot features large shade trees located closed to shopping, Food Ect.
#7088462

Mesa

313 N Horne Street

8 Beds

None Baths

N/A

$815,000

MLS#: 7088462

Investor's dream**DO NOT DISTURB OCCUPANTS** 
Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots.
The current rents are:
Unit 1: $1,530 (long term tenant 10+ years)
Unit 2: $1,550 (lease ends Sept 30, 2027)
Unit 3: $1,530 (long term tenant 10+ years)
Unit 4: $1,650 (lease through Jun 30, 2027))
Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. 
Last repair on the roof was 7/2026. 
Fresh exterior paint 10/2024
Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026
Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and  capacitor in 7/2025.
Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025,  a new water heater in 6/2026.
Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026.

Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. 

Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

457 E 9TH Avenue

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