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Triplex with Private Backyards
For Sale
$525,000

532 S MESA Drive, Mesa, AZ 85210

Multiple Dwellings, Mesa, AZ

Property SizeContact for details
Days on Market97

Property Features for 532 S MESA Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5
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

Amenities

private backyards
basements

Building Details

Year built 1981
Number of units 3
Flooring type Carpet, Tile - Ceramic, Vinyl
Building materials Wood Frame, Painted, Stucco
Roof type Composition
Listing Agency: Real Broker
Listed By: Kelly Cook · License #SA562405000
Added: May 31 Changed: Aug 26 Last Checked: Sep 4 at 8:06AM
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 R2-zoned triplex contains one upstairs residence and two lower-level residences. The downstairs units include private backyards and basements, while the property offers parking in a designated lot serving the three-triplex private area. The building was constructed in 1981 and includes wood-frame and stucco construction with ceramic tile, carpet, and vinyl flooring.

Capital improvements include a new composition roof completed in February 2026, exterior paint completed in 2025, and prior updates to flooring, bathrooms, and PEX plumbing. Electric heating and cooling serve the property, with public sewer service. Each residence includes a free-standing range and refrigerator. The property is fully leased, with the owner covering water, sewer, and trash and residents paying electricity.

Key Highlights

  • New composition roof completed in February 2026
  • Exterior paint completed in 2025
  • Fully leased three‑unit property

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

712
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
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Frequently Asked Questions

What type of property is this?
Triplex - Fully leased three-unit property with basement space, dedicated parking, and recent building improvements.
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: New composition roof completed in February 2026; Exterior paint completed in 2025; Fully leased three‑unit property
More about this property
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