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    453 W University Dr Mesa, AZ 85201

    For Sale
    $460,000

    MULTI_FAMILY - Mesa, AZ

    Days on Market:
    73
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 453 W University Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Duplex
    APN
    135-59-007
    Parking features
    Carport
    Appliances
    Disposal, Dishwasher, Microwave, W/D Hookup

    Utilities

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

    Building Details

    Year built
    1960
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Painted, Block
    Roof type
    Rolled Hot Mop

    eXp Realty, LLC (602) 525-3224 [email protected]

    Listing agent Brad Anthony Giesinger (480) 740-2060

    Listing date Sep 25, 2025

    MLS# 6918635 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 Duplex Investment Opportunity

    This is an investment opportunity featuring a fully occupied duplex in Mesa, Arizona. The units are individually metered and have been updated with white shaker cabinets, vinyl flooring, and tile bathroom surrounds and floors. Each unit includes a private backyard and in-unit laundry. The previous owner has replaced both AC units and hot water heaters. Both units feature similar finishes. The property is zoned for duplexes and is located in Maricopa County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.841759
    Latitude
    33.422105

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    FAQs

    What type of property is this?
    Duplex - Fully occupied, updated duplex with individual meters in Mesa, Arizona.
    Where is this duplex located?
    The property is located at 453 W University Dr Mesa, AZ.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - Fully occupied duplex provides immediate rental income.; - Individually metered units offer ease of tenant management and billing.; - **Updated interiors with white shaker cabinets, vinyl flooring, and tile in bathrooms.**
    (480) 740-2060
    Request Owner's contact information
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    Mesa, AZ 85201
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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
    453 W University Dr Mesa, AZ 85201
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