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    1861 Spring N, Unit -- Mesa, AZ 85203

    For Sale
    $775,000

    MULTI_FAMILY - Mesa, AZ

    Days on Market:
    122
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 1861 Spring N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi
    Rooms
    Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 2
    Bedrooms
    8
    APN
    136-24-125
    Appliances
    Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup

    Utilities

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

    Building Details

    Year built
    1984
    Number of units
    4
    Flooring type
    Wood
    Building materials
    Wood Frame, Painted
    Roof type
    Composition

    My Home Group (480) 685-2760 [email protected]

    Listing agent Silvia Del Toro Ochoa (623) 760-3742

    Listing date Aug 7, 2025

    MLS# 6902100 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 Fourplex Investment Opportunity

    This fourplex is located in North Mesa, Arizona. The property consists of four units, each featuring two bedrooms and one bathroom. Each unit is equipped with private laundry hookups. All units are currently leased, presenting an investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -111.821547
    Latitude
    33.449401

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    FAQs

    What type of property is this?
    Quadplex - Cash-flowing fourplex in North Mesa with leased units.
    Where is this quadplex located?
    The property is located at 1861 Spring N, Unit -- Mesa, AZ.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Cash flowing fourplex with all units currently leased.; - Located in the heart of North Mesa.; - Each unit has 2 bedrooms and 1 bathroom.
    (623) 760-3742
    Request Owner's contact information
    1861 Spring N, Unit -- 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
    1861 Spring N, Unit -- Mesa, AZ 85203
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