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Four-Unit Quadplex with Renovated Units
For Sale
$870,000

2223 West Dora Street, Mesa, AZ 85201

RM-4-zoned property with individually metered electric service and in-suite laundry in every residence.

Property SizeContact for details
Days on Market204

Property Features for 2223 West Dora Street

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning RM-4
Net Operating Income $54,097

Units

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

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,375

Amenities

in-suite Washer & Dryer
Electric, Individual
Individual, Central
Vinyl
Yes
0.0
Composition
No Pool
1
4
Wood Frame, Stucco

Building Details

Year Built 1986
Buildings 1
Listing Agency: ABI Multifamily
Listed By: Dallin J Hammond · License #SA677560000
Source: Compass
Added: Feb 8 Changed: Aug 30 Last Checked: Aug 30 at 12:19PM

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 ABI Multifamily

Investment Insights

Based on property information with market context.

This 1986 quadplex contains four 2-bedroom, 1-bathroom units, with 3 of 4 residences recently modernized. Each unit includes an in-suite washer and dryer, individual electric metering, central cooling, and vinyl flooring. The building uses wood-frame and stucco construction with a composition roof and no pool. One remaining unit offers a defined renovation component within the existing configuration.

Parking includes 2 spaces per unit, supplemented by street parking. The property is located at 2223 West Dora Street in Mesa, Arizona, between Downtown Mesa and Arizona State University. RM-4 zoning supports the property’s multifamily classification.

Key Highlights

  • Four‑unit property with four 2 Bedroom / 1 Bathroom units
  • 3 of 4 units recently modern renovations
  • In‑suite Washer & Dryer provided in all units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Travel Agency Pet Grooming Service Real Estate Agency

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,142
Businesses Nearby

Demographics for 85201, AZ

51,187
Population
23,099
Households
2.2
Avg Household Size
33
Median Age
27%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
5,445
Density / Sq Mi
$63,725
Median Household Income
$40,067
Median Earnings
$1,349
Median Rent
$292,600
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 - RM-4-zoned property with individually metered electric service and in-suite laundry in every residence.
Where is this quadplex located?
The property is located at 2223 West Dora Street Mesa, AZ.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Four‑unit property with four 2 Bedroom / 1 Bathroom units; 3 of 4 units recently modern renovations; In‑suite Washer & Dryer provided in all units
More about this property
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