Search
Triplex with Private Backyards and Basements
For Sale
$525,000

532 S MESA Drive, Mesa, AZ 85210

MULTI_FAMILY - Mesa, AZ

Property SizeContact for details
Days on Market70

Property Features for 532 S MESA Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Appliances Free-Standing Range, Refrigerator
Subdivision ALMOND PLACE
Elementary school Holmes Elementary School
Middle school Franklin Junior High School
High school Mesa High School
Elementary school district Mesa Unified District
Middle school district Mesa Unified District
High school district Mesa Unified District
Directions Between Broadway and Southern off of Mesa Dr. Enter west onto private drive to 2nd building in the middle tucked well off of Mesa Dr.
Standard status Active
APN 139-36-080-D

Taxes and HOA fees

Tax Year 2025
Tax Description MESA MCR 23-18 LOT 3 BL 87 E 54.33F OF W 108.65F
Tax Annual Amount 802
Legal Description MESA MCR 23-18 LOT 3 BL 87 E 54.33F OF W 108.65F

Utilities

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

Building Details

Year built 1981
Number of units 3
Flooring type Carpet, Vinyl, Tile - Ceramic
Building materials Wood Frame, Painted, Stucco
Roof type Composition
Listing Agency: Real Broker
Listed By: Kelly Cook · License #SA562405000
Added: May 31 Changed: Aug 4 Last Checked: Aug 8 at 9:06PM
MLS# 7044313

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 fully leased triplex at 532 S Mesa Drive is arranged with one upstairs unit and two downstairs units. Downstairs units feature private backyards and basements, offering additional space and tenant appeal. The home includes updates over the years, including flooring, bathroom improvements, and PEX plumbing, with electric heating and electric cooling. The interior flooring includes vinyl, carpet, and ceramic tile, and the building is constructed with wood frame and stucco.

Exterior improvements include a brand new composition roof installed in February 2026 and newer exterior paint completed in 2025. Appliances include a free-standing range and refrigerator(s). The property has public sewer service, and a parking lot area is designated for the three triplexes in this private area set back off Mesa Drive. Owner pays water/sewer/trash, while tenants pay electric.

Key Highlights

  • Fully leased triplex with one upstairs unit and two downstairs units
  • Downstairs units offer private backyards and basements
  • Brand new composition roof installed February 2026

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Pharmacy Computer & Electronic Repair (Bike/Boat/Book/etc) Store Nursing Home Pet Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

948
Businesses Nearby

Demographics for 85210, AZ

40,351
Population
16,292
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
84%
High-School Grad
6.7 sq mi
ZIP Area
6,023
Density / Sq Mi
$59,680
Median Household Income
$38,479
Median Earnings
$1,383
Median Rent
$301,600
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Fully leased triplex with one upstairs unit, two downstairs units, plus private backyards and basements for residents.
Where is this triplex located?
The property is located at 532 S MESA Drive Mesa, AZ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully leased triplex with one upstairs unit and two downstairs units; Downstairs units offer private backyards and basements; Brand new composition roof installed February 2026
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message