Single-Level Residential Income
For Sale
$225,000
1920 W Lindner Avenue 107, Mesa, AZ 85202
Main-floor residence with a covered patio, private primary suite, and access to community recreation amenities.
Days on Market24
Property Features for 1920 W Lindner Avenue 107
General Information
Standard status
Active
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$984
Amenities
pool
spa
lake
golf
Building Details
Building Size
1,018 SF
Year Built
1980
Listing Agency:
Bentley & Company Real Estate
(480) 766-3953
Listed By:
Sue Bentley
(480) 766-3953
Source:
Gillettegroupaz
Added: Jul 10
Changed: Aug 2
Last Checked: Aug 2 at 6:00AM
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 Bentley & Company Real Estate
Investment Insights
Based on property information with market context.
This single-level residential income property at 1920 W Lindner Avenue 107 in Mesa, Arizona, was built in 1980 and features two bedrooms with no interior stairs. The interior combines neutral finishes, carpeting, and tile flooring with a kitchen equipped with white shaker cabinetry, substantial counter space, a pantry, and built-in appliances. Sliding doors connect the living area to a private covered patio. The primary bedroom includes mirrored closet doors and an ensuite bathroom.
Community amenities include a pool, spa, lake, and golf facilities. The property is designated as no-pets, with service animals permitted. Its main-floor layout and outdoor patio provide practical features for residential occupancy within a community setting.
Community amenities include a pool, spa, lake, and golf facilities. The property is designated as no-pets, with service animals permitted. Its main-floor layout and outdoor patio provide practical features for residential occupancy within a community setting.
Key Highlights
- Two‑bedroom, single‑level layout with no interior stairs
- Private covered patio accessed through sliding glass doors
- Kitchen includes white shaker cabinetry, pantry, counter space, and built‑in appliances
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.5k | $15.24 |
| − Vacancy | −$1.0k | −$1.02 |
| EGI | $14.5k | $14.22 |
| − OpEx | −$6.5k | −$6.40 |
| NOI | $8.0k | $7.82 |
1,018 SF · lease $15.24/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$113.7K
$99.5K – $132.7K
NOI $7,961 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.0K
$244.2K – $325.6K
NOI $19,533 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,015
Businesses Nearby
Explore this area
Business Placement
Demographics for 85202, AZ
39,626
Population
18,077
Households
2.2
Avg Household Size
34
Median Age
34%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
6,391
Density / Sq Mi
$66,582
Median Household Income
$42,083
Median Earnings
$1,431
Median Rent
$334,200
Median Home Value
Market
Properties on Market for Residential income properties in Mesa
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Main-floor residence with a covered patio, private primary suite, and access to community recreation amenities.
Where is this residential income property located?
The property is located at 1920 W Lindner Avenue 107 Mesa, AZ.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑bedroom, single‑level layout with no interior stairs; Private covered patio accessed through sliding glass doors; Kitchen includes white shaker cabinetry, pantry, counter space, and built‑in appliances
