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Individually Metered Updated Duplex
For Sale
$469,999

453 W UNIVERSITY Drive, Mesa, AZ 85201

MULTI_FAMILY - Mesa, AZ

Property SizeContact for details
Days on Market334

Property Features for 453 W UNIVERSITY Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Duplex
Parking features Carport
Appliances Disposal, Dishwasher, Microwave, W/D Hookup
Subdivision BOND ACRES
Elementary school district Mesa Unified District
Middle school district Mesa Unified District
High school district Mesa Unified District
Directions South on Mesa Ave, turn right on University (West) Home is on the south side of University
Standard status Active
APN 135-59-007

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 7 BLOCK 1 BOND ACRES MCR 004636
Tax Annual Amount 772
Legal Description LOT 7 BLOCK 1 BOND ACRES MCR 004636

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric

Amenities

private backyards
in-unit laundry

Building Details

Year built 1960
Number of units 2
Flooring type Vinyl
Building materials Painted, Block
Roof type Rolled Hot Mop
Listing Agency: eXp Realty
Listed By: Brad Anthony Giesinger · License #SA660536000
Added: Sep 12, 2025 Changed: Jul 24 Last Checked: Aug 11 at 9:06PM
MLS# 6918635

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This updated duplex offers two individually metered units with similar interior finishes. Each unit includes white shaker cabinets, vinyl flooring, and tile bathroom surrounds and floors. Laundry is located inside each unit, and both units have private backyards. The previous owner replaced both AC units and hot water heaters.

One-bedroom unit has a lease ending 3-31-27. The two-bedroom unit is vacant.

Zoned as duplex property, this investment provides a straightforward two-unit configuration with separate metering, in-unit laundry, and outdoor private yard space for each unit.

Key Highlights

  • Updated duplex with individually metered units
  • Each unit offers a private backyard and in‑unit laundry (W/D hookup)
  • Appliances include disposal, dishwasher, and microwave

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Travel Agency Carpet & Flooring Store Clothing & Fashion Store Catering Service

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

2
Residential units

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

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?
Duplex - Updated duplex features individually metered units, private backyards, and in-unit laundry for each unit.
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: Updated duplex with individually metered units; Each unit offers a private backyard and in‑unit laundry (W/D hookup); Appliances include disposal, dishwasher, and microwave
More about this property
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