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Multifamily Property with Income Potential

10301 East Illini Street Mesa, AZ 85208

10301 East Illini Street, Mesa, AZ, 85208
$365,000
For Sale
$365,000

Multifamily property with four units and immediate income potential.

Days on Market403

Property Features for 10301 East Illini Street

General Information

Standard status
Active
Property subtype
Multiple Dwellings

Building Details

Year Built
1973
Listing Agency Planet Realty
Listed by Victoria Diaz · License #SA697930000
Source Compass
Added: Jun 12, 2025 Checked: Jul 17 at 4:07 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Planet Realty


Investment Insights

Based on property information with market context.

This multi-family property presents an investor opportunity, featuring a total of four units. The main house includes four bedrooms and two bathrooms. In addition to the main house, the property includes a smaller detached unit and two RVs located in the backyard. Currently, the main house and both RVs are rented, generating an income of $3,500 per month. There is potential to increase the monthly income to $5,000 once the additional unit is leased. The property is situated on a spacious lot with ample parking. This property is suitable for investors or owner-occupants seeking immediate cash flow.

Key Highlights

  • High‑income potential: Currently generating $3,500/month with potential to reach $5,000/month.
  • Multi‑family property: Features 4 total units (main house, detached unit, and 2 RVs).
  • Main house and both RVs are currently rented, providing immediate cash flow.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Parking Lot & Garage Pharmacy Daycare Center Skin Care Clinic Nail Salon

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

FAQs

What type of property is this?
Quadplex - Multifamily property with four units and immediate income potential.
Where is this quadplex located?
The property is located at 10301 East Illini Street Mesa, AZ.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: High‑income potential: Currently generating $3,500/month with potential to reach $5,000/month.; Multi‑family property: Features 4 total units (main house, detached unit, and 2 RVs).; Main house and both RVs are currently rented, providing immediate cash flow.
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