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Turn-Key Triplex with Garages
For Sale
$599,000

1138 North Dresden Circle, Mesa, AZ 85203

Three separate triplex units each include garage parking, plus coin-op laundry and an RV parking option.

Property SizeContact for details
Days on Market265

Property Features for 1138 North Dresden Circle

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning Multii-Family
Net Operating Income $41,800

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,055

Amenities

coin-op laundry
workshop
RV parking space
private alley
Electric
Carpet, Ceramic Tile, Vinyl, Wood
Yes
0.0
Composition, Metal
Rain Gutters
Security Light(s), Fire Escape
Other, See Remarks, Play Area, No Pool
1
3
Wood Frame, Painted, Stucco, Block

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: Sam W Abraham Realty
Listed By: Ephrem Jando · License #BR552736000
Source: Compass
Added: Nov 16, 2025 Changed: Aug 8 Last Checked: Jul 23 at 9:53AM

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 Sam W Abraham Realty

Investment Insights

Based on property information with market context.

Turn-key Mesa triplex featuring three separate addresses and garage parking for each unit, with updated interior renovations across two of the units. Unit 1 is an updated 1 bed/1 bath with a long-term HOM INC voucher tenant paying $1,600 per month. Unit 2 offers a 1 bed/1 bath with a 2-car garage, currently paying $1,300 per month. Unit 3 is a 2 bed/1 bath with a private yard and carport, paying $1,500 per month.

Property amenities include coin-op laundry and a workshop next to an RV gate, along with rentable RV parking space. The building is on a cul-de-sac lot with alley access and a private alley for tenant use and parking. HVAC units have been professionally maintained, and roof work includes partial and full replacements already completed.

The property includes described expansion potential for a studio/4th unit. The building also states eligibility for FHA financing, with the option to live in one unit while renting the other two.

Key Highlights

  • 3‑unit triplex built in 1972: unit 1 (1/1) $1,600/mo, unit 2 (1/1) $1,300/mo, unit 3 (2/1) $1,500/mo
  • Each unit includes garage parking; unit 3 also has a private yard and carport
  • Coin‑op laundry on site plus a workshop next to an RV gate with a rentable RV parking space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 85203, AZ

37,962
Population
14,020
Households
2.7
Avg Household Size
33
Median Age
29%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$72,851
Median Household Income
$40,524
Median Earnings
$1,388
Median Rent
$388,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate triplex units each include garage parking, plus coin-op laundry and an RV parking option.
Where is this triplex located?
The property is located at 1138 North Dresden Circle Mesa, AZ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 3‑unit triplex built in 1972: unit 1 (1/1) $1,600/mo, unit 2 (1/1) $1,300/mo, unit 3 (2/1) $1,500/mo; Each unit includes garage parking; unit 3 also has a private yard and carport; Coin‑op laundry on site plus a workshop next to an RV gate with a rentable RV parking space
More about this property
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