$389,900
Mesa, AZ 85201
MLS# 7040064
3 beds | 2 baths
1 / 26
Property Description
MULTI-FAMILY LOT with confirmed potential to add an additional unit! This rare Mesa investment opportunity features a fully renovated 1950 block construction property that was completely gutted and rebuilt from the ground up. Major upgrades include new tile flooring and subfloors, all-new electrical with recessed lighting throughout, PEX plumbing, updated kitchens and bathrooms, an updated sewer line, dual-pane windows, and a new roof with 100% new underlayment. Located within walking distance to the Light Rail, shopping, dining, and bus stops, and just minutes from Downtown Mesa, ASU, and US-60. Whether you're looking to expand your rental portfolio or maximize future cash flow, this property offers immediate value with additional development potential. FHA APPROVED
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $389,900
Status: Active
Current Price: $389,900
List Date: 2026-06-10
Location, Tax & Legal
Assessor's Map #: 57
Legal Description (Abbrev): BEG AT PT WH IS 80' E OF NW COR SW4 NE4 RUN TH S 140' E 50' TH N 140' TH W 50' TO POB /PT ARB LOT 15
Assessor's Parcel #: 93
Tax Municipality: Mesa
Taxes: 572
House Number: 750
Compass: W
Street Name: 1ST
St Suffix: Place
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 6405
Country: US
County Code: Maricopa
Assessor Number: 135-57-093
Subdivision: mesa
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 2
Half Bathrooms: 0
Approx SQFT: 1128
Price/SqFt: 345.66
Approx Lot SqFt: 6970
Approx Lot Acres: 0.16
Horses: N
Builder Name: UNKNOWN
Lead Based Hazard Disclosure: No
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Franklin Accelerated Academy - Brimhall Campus
Jr. High School: Carson Junior High School
High School: Mesa High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 3
Total Bathrooms: 2
Year Built: 1950
Legal Info
Range: 5E
Section: 21
Township: 1N
Lot Number: 000
Special Listing Cond
N/A: 1
Owner/Agent: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
Supra: 1
Combo: 1
Architecture
Ranch: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Other (See Remarks): 1
Master Bedroom
Split: 1
Additional Bedroom
Other Bedroom Split: 1
Separate Bedroom Exit: 1
Master Bedroom Walk-in Closet: 1
Flooring
Tile: 1
Window Features
Dual Pane: 1
Community Features
Biking/Walking Path: 1
Children's Playgrnd: 1
Historic District: 1
Near Bus Stop: 1
Near Light Rail Stop: 1
Dining Area
Dining in FR: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Electric Oven: 1
Electric Range: 1
Kitchen Island: 1
Built-in Microwave: 1
Non-laminate Counter: 1
Refrigerator: 1
Granite Counters: 1
Cooling
Central Air: 1
Interior Features
Vaulted Ceiling(s): 1
Laundry
Inside: 1
Other: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Technology
Cable TV Avail: 1
Fencing
Back Yard: 1
Front Yard: 1
Block: 1
Wood: 1
Water Source
City Water: 1
Exterior Features
Storage: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 4
Total Covered Spaces: 0
Parking Features
RV Access/Parking: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Plumbing
Electric Hot Wtr Htr: 1
Utilities
City Electric: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Gravel/Stone Front: 1
Gravel/Stone Back: 1
Desert Back: 1
Natural Desert Front: 1
Yrd Wtring Sys Front: 1
Auto Timer H2O Front: 1
Items Updated
Floor Yr Updated: 2026
Floor Partial/Full: Full
Wiring Yr Updated: 2026
Wiring Partial/Full: Full
Plmbg Yr Updated: 2026
Plmbg Partial/Full: Full
Ht/Cool Yr Updated: 2026
Ht/Cool Partial/Full: Partial
Kitchen Yr Updated: 2026
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2026
Bath(s) Partial/Full: Full
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Remarks Misc
Cross Street: Alma School & University
Directions: EAST to Extension SOUTH to 1st PL property on the left.
Geo Lat: 33.418456
Geo Lon: -111.847917
Property Features
Special Listing Cond: N/A; Owner/Agent
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Other (See Remarks)
Master Bedroom: Split
Additional Bedroom: Other Bedroom Split; Separate Bedroom Exit; Master Bedroom Walk-in Closet
Flooring: Tile
Window Features: Dual Pane
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd; Historic District; Near Bus Stop; Near Light Rail Stop
Dining Area: Dining in FR
Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters; Non-laminate Counter; Kitchen Island
Laundry: Inside; Other
Other Rooms: Family Room
Interior Features: Vaulted Ceiling(s)
Technology: Cable TV Avail
Exterior Features: Storage
Parking Features: RV Access/Parking
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Cooling: Central Air
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: City Electric
Water Source: City Water
Sewer: Sewer - Public
Fencing: Back Yard; Front Yard; Block; Wood
Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Back; Natural Desert Front; Yrd Wtring Sys Front; Auto Timer H2O Front
Showing Notification Methods: Text; Phone Call
Lockbox Type: Supra; Combo
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Real Broker
Last Updated: June - 26 - 2026
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