2216 E Broadway Road, Mesa, AZ 85204

$685,000

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List Price
$685,000
Price Change
▼ $10,000 1783644438
Days on Market
47
Status
ACTIVE
MLS#
7040102
City
Mesa
Subdivision
Oak Park Mesa Unit 2
Year Built
1972

Property Description

Fantastic investment opportunity in Central Mesa. This 4plex features all 2 bed 1 bath units with long term tenants already in place. Current rents are below market but all 4 tenants are on month to month leases, so increasing rents is possible with 30 day notices. All facts and figures approximate, buyer to verify to their satisfaction.

Additional Information

Community Features
No Pool
Construction
Block, Wood Frame, Wood Siding
Cooling
Central Air, Heat Pump, Electric
Electric
SRP
Heating
Electric, Heat Pump, Central
New Financing
Conventional, Cash
Parking Features
1 Space/Unit, Detached Carport
Roofing
Composition
Subdivision
Oak Park Mesa Unit 2
Taxes
$1,269
Tax Year
2025
Tenant Pays
Electricity
Units
4
Water
City Franchise
Zoning
M-H

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Erickson Realty Group L.L.C..

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.