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Updated Duplex with Private Backyards
For Sale
$469,999

453 W UNIVERSITY Drive, Mesa, AZ 85201

Two separately metered units offer in-unit laundry and refreshed interior finishes.

Property SizeContact for details
Days on Market408

Property Features for 453 W UNIVERSITY Drive

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 100%

Units

Unit Mix 1 x 1BR, 1 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $772

Amenities

private backyards
in-unit laundry

Building Details

Year Built 1960
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Brad Anthony Giesinger · License #SA660536000
Source: Jcluxuryresidential
Added: Sep 12, 2025 Changed: Oct 16 Last Checked: Oct 23 at 3:40PM

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 eXp Realty

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Investment Insights

Based on property information with market context.

This duplex, built in 1960, includes two units with comparable interior finishes. Improvements include white shaker cabinetry, vinyl flooring, and tiled bathroom surrounds and floors. Each residence has its own laundry area, private backyard, and separate electric metering. The property is identified as Duplex zoning.

The unit mix includes one one-bedroom residence and one two-bedroom residence. The one-bedroom lease ends 2-28-26, while the two-bedroom lease ends 6-30-26. Both air-conditioning systems and hot water heaters were replaced by the previous owner, adding to the documented property improvements.

Key Highlights

  • Two‑unit duplex with Duplex zoning
  • Individually metered units with separate electric service
  • Private backyard for each unit

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,644
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered units offer in-unit laundry and refreshed interior finishes.
Where is this duplex located?
The property is located at 453 W UNIVERSITY Drive Mesa, AZ.
What is the asking price?
The asking price for this property is $469,999.
What are key features of this property?
This property features: Two‑unit duplex with Duplex zoning; Individually metered units with separate electric service; Private backyard for each unit
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