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Four-Unit Quadplex with Updates
For Sale
$749,999

1861 N Spring --, Mesa, AZ 85203

Fully occupied multifamily property with individually metered units and select granite countertops.

Property SizeContact for details
Days on Market12

Property Features for 1861 N Spring --

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes

Building Details

Year Built 1984
Listing Agency: My Home Group Real Estate
Listed By: Silvia Del Toro Ochoa · License #SA701849000
Source: Houzaz
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 30 at 8:51PM

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 My Home Group Real Estate

Investment Insights

Based on property information with market context.

Built in 1984, this Mesa quadplex includes four two-bedroom, one-bath units measuring approximately 867 square feet each. All units are occupied, and two have received updates. Individually metered utilities, granite countertops in select residences, and a newer A/C unit add to the property’s existing features.

The property is located at 1861 N Spring in Mesa, near shopping, dining, schools, and major freeways. Its four-unit configuration and consistent occupancy provide a straightforward multifamily format, while the remaining units offer room for additional improvements.

Key Highlights

  • Four two‑bedroom, one‑bath units, each approximately 867 square feet
  • All four units are occupied
  • Two units have been updated

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
Yes
Highway access

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied multifamily property with individually metered units and select granite countertops.
Where is this quadplex located?
The property is located at 1861 N Spring -- Mesa, AZ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Four two‑bedroom, one‑bath units, each approximately 867 square feet; All four units are occupied; Two units have been updated
More about this property
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