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Four-Unit Quadplex
For Sale
$675,000

1546 E BROADWAY Road, Mesa, AZ 85204

Residential income property with a mixed one- and two-bedroom unit configuration and recently painted exterior.

Property SizeContact for details
Days on Market12

Property Features for 1546 E BROADWAY Road

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $1,166

Building Details

Year Built 1971
Listing Agency: Erickson Realty Group L.L.C.
Listed By: Wally Erickson · License #BR523953000
Source: Gillettegroupaz
Added: Aug 10 Changed: Aug 20 Last Checked: Aug 21 at 11:20AM

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 Erickson Realty Group L.L.C.

Investment Insights

Based on property information with market context.

This 1971 quadplex in Mesa contains four apartments arranged as two 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The exterior has been freshly painted, while the interiors remain unremodeled and offer a value-add renovation scope.

The property shares a common courtyard with 1540 E Broadway Rd, and both properties are required to be purchased together. Unit D has been occupied for just over a year, while the other three apartments have long-term tenants. The address is 1546 E Broadway Road, Mesa, AZ 85204.

Key Highlights

  • Four‑apartment configuration with two 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
  • 1971‑built quadplex in Mesa, AZ
  • New exterior paint completed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Travel Agency Tech Support Center Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 85204, AZ

63,808
Population
24,536
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
84%
High-School Grad
9.9 sq mi
ZIP Area
6,445
Density / Sq Mi
$69,474
Median Household Income
$40,347
Median Earnings
$1,426
Median Rent
$296,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Residential income property with a mixed one- and two-bedroom unit configuration and recently painted exterior.
Where is this quadplex located?
The property is located at 1546 E BROADWAY Road Mesa, AZ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four‑apartment configuration with two 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units; 1971‑built quadplex in Mesa, AZ; New exterior paint completed
More about this property
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