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    Fourplex with Month-to-Month Tenants Title is generated by Realmo AI

    2216 E BROADWAY Road, Mesa, AZ 85204

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    For Sale
    $695,000

    Fourplex with four 2-bed, 1-bath units and month-to-month leases for tenant-adjustable rent timing.

    Type:Multi Family
    Added:
    Jun 13, 2026
    Days on Market:
    24
    Last Refresh:
    Jul 1 at 4:27 am

    Property Features for 2216 E BROADWAY Road

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1972

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    Wally Erickson

    Listing office Erickson Realty Group L.L.C.

    Listing date Jun 13, 2026

    Source Exitrealty

    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.

    HighLights

    • 1972‑built 4‑plex with four 2‑bed, 1‑bath units
    • All four units are currently occupied by long‑term tenants
    • Tenants are on month‑to‑month leases, allowing rent timing changes with 30‑day notices
    • Stated current rents are below market (all figures approximate; buyer to verify)

    Overview

    This fourplex offers four separate units, each configured as 2 bedrooms and 1 bathroom. The property is described as having long-term tenants already in place. Public remarks indicate current rents are below market on an approximate basis, and all four tenants are on month-to-month leases.

    The offering is located in Central Mesa, Arizona, and presented as a for-sale residential income property. The seller notes that the opportunity includes the ability to adjust rents using 30-day notices under month-to-month tenancy terms. All figures and facts are approximate and should be verified by the buyer to their satisfaction.

    For buyers seeking a small multifamily asset with in-place occupancy, this fourplex provides straightforward unit mix consistency across all units. Because each lease is month-to-month, it may offer flexibility around renewal and rent-setting cadence, subject to applicable notice requirements. As with any investment in leased residential real estate, prospective buyers should complete their own due diligence regarding rents, lease terms, and property condition before closing.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Cafe & Coffee Shop Food Market Travel Agency Bar & Pub Tech Support Center Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7835773
    Latitude
    33.4085437

    FAQs

    What type of property is this?
    Quadplex - Fourplex with four 2-bed, 1-bath units and month-to-month leases for tenant-adjustable rent timing.
    Where is this quadplex located?
    The property is located at 2216 E BROADWAY Road Mesa, AZ.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 1972‑built 4‑plex with four 2‑bed, 1‑bath units; All four units are currently occupied by long‑term tenants; Tenants are on month‑to‑month leases, allowing rent timing changes with 30‑day notices
    More about this property
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