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Fourplex Residential Income Property
For Sale
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1856 N Spring, Mesa, AZ 85203

Fully leased fourplex with tenant-occupied showings requiring 48-hour notice and drive-by access only.

Property SizeContact for details
Days on Market123

Property Features for 1856 N Spring

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 4
Listing Agency: Get MULTIfamily
Listed By: Patrick O'Sullivan, CCIM · License #BR634211000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 8:02PM

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 Get MULTIfamily

Investment Insights

Based on property information with market context.

This fourplex residential income property is fully leased, with all units currently rented. The property has had a warranty in place, and repairs have been handled in a timely manner according to the seller’s remarks.

For showings, drive-by access is available only, and tenants must be given 48-hour notice to arrange entry. The building is located right next to a community playground.

The property is being offered for sale, and more information is available through the provided listing link on the listing website.

Key Highlights

  • Fully leased fourplex with all units rented
  • Tenant‑occupied showings require 48‑hour notice
  • Drive‑by access only

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

406
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased fourplex with tenant-occupied showings requiring 48-hour notice and drive-by access only.
Where is this quadplex located?
The property is located at 1856 N Spring Mesa, AZ.
What are key features of this property?
This property features: Fully leased fourplex with all units rented; Tenant‑occupied showings require 48‑hour notice; Drive‑by access only
(602) 842-5050 Call to check price and availability
More about this property
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