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    1138 N Dresden Cir Mesa, AZ 85203

    New
    For Sale
    $629,000

    MULTI_FAMILY - Mesa, AZ

    Days on Market:
    1
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1138 N Dresden Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multii-Family
    APN
    137-32-378
    Parking features
    RV, Carport, Assigned, Open
    Appliances
    Built-In Range, Disposal, Dishwasher, Refrigerator

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1972
    Number of units
    3
    Flooring type
    Vinyl, Tile - Ceramic, Wood, Carpet
    Building materials
    Wood Frame, Painted, Stucco, Block
    Roof type
    Composition, Metal

    Real Broker (480) 907-8294 [email protected]

    Listing agent Ephrem Jando (480) 206-3631

    Listing date Dec 5, 2025

    MLS# 6948740 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mesa Triplex with Garages

    This Mesa triplex features three separate addresses and garages. Unit 1 is an updated 1-bedroom, 1-bathroom unit with a long-term tenant and a private 1-car garage. The tenant receives a HOME INC voucher, with guaranteed rent of $1127 plus $411 per month, and the landlord pays utilities. Unit 2 is a 1-bedroom, 1-bathroom unit with a 2-car garage, currently rented to a tenant at $1,250 per month. Unit 3 is a 2-bedroom, 1-bathroom unit rented at $1,500 per month, featuring a private yard and carport. The property includes coin-operated laundry, workshop-size storage, and an RV gate with a rentable RV parking space. There is expansion potential for a studio or fourth unit. Located on a cul-de-sac lot near light rail and freeways, the property has alley access. HVAC units are professionally maintained, and partial and full roof replacements have been completed. Two of the three units have been remodeled. The property also features a private alley for tenants and qualifies for FHA financing, allowing an owner to live in one unit and rent the other two.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.818732
    Latitude
    33.436186

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    FAQs

    What type of property is this?
    Triplex - Turn-key Mesa triplex with garages and expansion potential.
    Where is this triplex located?
    The property is located at 1138 N Dresden Cir Mesa, AZ.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - Turn-key triplex with three separate addresses and garages, offering immediate rental income.; - Unit 1 has a long-term HOME INC voucher tenant with guaranteed rent, plus tenant contribution.; - Building qualifies for FHA, allowing owner-occupancy with rental income from the other two units.
    (480) 206-3631
    Request Owner's contact information
    1138 N Dresden Cir Mesa, AZ 85203
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    Mesa, AZ 85203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1138 N Dresden Cir Mesa, AZ 85203
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