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Remodeled Triplex
For Sale
$690,000

50 N May, Mesa, AZ 85201

Each residence offers a two-bedroom, one-bathroom layout in a remodeled multifamily property.

Property SizeContact for details
Days on Market16

Property Features for 50 N May

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,401
Listing Agency: AZ Pro Realty
Listed By: Jason R. Harrell
Source: Exprealty
Added: Aug 7 Changed: Aug 21 Last Checked: Aug 21 at 12:40PM

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 AZ Pro Realty

Investment Insights

Based on property information with market context.

This triplex contains three residential units, each configured with two bedrooms and one bathroom. Remodeling has been completed throughout the property, and all three units are currently occupied. The sale is offered in as-is condition.

The property is located in downtown Mesa, within walking distance of light rail, shopping, and entertainment. Freeway access is also nearby, providing connectivity to the surrounding area. The consistent unit layouts and existing occupancy create a straightforward multifamily configuration for review by prospective buyers.

Key Highlights

  • Three 2‑bedroom, 1‑bathroom residential units
  • Remodeling completed across all three units
  • All 3 units currently occupied

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Yes
Highway access

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?
Triplex - Each residence offers a two-bedroom, one-bathroom layout in a remodeled multifamily property.
Where is this triplex located?
The property is located at 50 N May Mesa, AZ.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1‑bathroom residential units; Remodeling completed across all three units; All 3 units currently occupied
More about this property
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