Duplex Style Residential Income
630 S GRAND Street Mesa, AZ 85210
630 S GRAND Street, Mesa, AZ, 85210
$370,000
For Sale
$370,000
MULTI_FAMILY - Mesa, AZ
Property Size1,784 SF
Price / SF$207.40
Days on Market29
Property Features for 630 S GRAND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-2
- Parking features
- Off Street
- Appliances
- Free-Standing Range, Refrigerator, Washer/Dryer
- Standard status
- Active
- APN
- 139-41-006-A
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MESA TR AMCR 23-18 LOT 6 BLK 82 & ALSO ABAND ALLEY LY WLY OF & ADJ TO P/F 02-363846
- Tax Annual Amount
- 958
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump, Ceiling Fan(s), Central Air
Building Details
- Year built
- 1940
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Wood Frame, Painted, Stucco, Block
- Roof type
- Composition, Foam
Listing Agency
My Rental Superstore
(480) 440-4505
1990 W Camelback Rd Ste 201, SCOTTSDALE, AZ
Listed by
Justin A Blinson
(480) 273-6442
Added: Jun 18 Checked: Jul 16 at 9:06 pm
MLS# 7045588
Listing URL
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 duplex-style residential income property features two separate homes on one lot. Together, the property offers approximately 1,784 square feet of living space with a total of 6 bedrooms and 2 bathrooms.
Both the front and back homes are currently occupied. The front house is leased at $1,300 per month, and the back house is leased at $1,000 per month.
The property is listed for sale in Mesa, Arizona, at 630 S Grand Street, and is zoned RM-2. Buyer to verify all listing information, including schools.
Both the front and back homes are currently occupied. The front house is leased at $1,300 per month, and the back house is leased at $1,000 per month.
The property is listed for sale in Mesa, Arizona, at 630 S Grand Street, and is zoned RM-2. Buyer to verify all listing information, including schools.
Key Highlights
- Two separate homes on one lot in Mesa
- Total 6 bedrooms, 2 bathrooms, with approx. 1,784 sq ft of living space
- Front house occupied at $1,300/mo; back house occupied at $1,000/mo
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.2k | $13.56 |
| − Vacancy | −$1.5k | −$0.86 |
| EGI | $22.7k | $12.70 |
| − OpEx | −$6.8k | −$3.81 |
| NOI | $15.9k | $8.89 |
1,784 SF · lease $13.56/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$226.5K
$198.2K – $264.3K
NOI $15,855 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$199.3K
$174.4K – $232.5K
NOI $13,952 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$489.0K
$427.9K – $570.5K
NOI $34,231 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate homes on one lot offer 6 bedrooms and 2 bathrooms, with both units currently occupied.
Where is this duplex located?
The property is located at 630 S GRAND Street Mesa, AZ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two separate homes on one lot in Mesa; Total 6 bedrooms, 2 bathrooms, with approx. 1,784 sq ft of living space; Front house occupied at $1,300/mo; back house occupied at $1,000/mo
