New 4-Unit
For Sale
$1,499,900
8232 E UNIVERSITY Drive, Mesa, AZ 85207
Multiple Dwellings, Mesa, AZ
Property SizeContact for details
Days on Market229
Property Features for 8232 E UNIVERSITY Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Residental
Bedrooms
12
Bathrooms
12
Full bathrooms
8
Rooms
Bedroom 8, Bathroom 9, Bedroom 5, Bathroom 2, Bathroom 10, Bathroom 8, Bedroom 4, Bedroom 12, Bedroom 7, Bathroom 7, Bathroom 1, Bedroom 6, Bathroom 4, Bathroom 12, Bathroom 5, Bedroom 1, Bedroom 10, Bedroom 2, Bathroom 11, Bathroom 6, Bedroom 9, Bedroom 3, Bedroom 11, Bathroom 3
Parking features
Garage - Attached, On Street, Open
Exterior features
Sidewalk(s)
Appliances
Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Subdivision
PROJECT 4
Elementary school district
Mesa Unified District
Middle school district
Mesa Unified District
High school district
Mesa Unified District
Standard status
Active
APN
218-09-197
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 2 PROJECT 4 MCR
Tax Annual Amount
843
Legal Description
LOT 2 PROJECT 4 MCR
Utilities
Sewer type
Public Sewer
Heating system
Zoned, Heat Pump (Heating)
Cooling system
Ceiling Fan(s), Electric
Amenities
common area
dog park
pickle-ball court
Building Details
Year built
2025
Number of units
4
Flooring type
Carpet, Tile - Ceramic
Building materials
Lap Siding, Board & Batten Siding, Wood Frame, Painted, Stucco
Roof type
Metal, Composition
Listing Agency:
Balboa Realty, LLC
(602) 899-6675
Listed By:
Denver Lane · License #BR643200000
(480) 800-0863
Added: Jan 12
Changed: Aug 25
Last Checked: Aug 29 at 3:06AM
MLS# 6967134
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 4-unit residential income property is under construction with a 2025 build year. The room schedule includes 12 bedrooms and 12 bathrooms. Planned features include attached garage parking, open parking, on-street parking, ceramic tile and carpet flooring, zoned heat pump heating, electric cooling, and public sewer service. The building uses wood framing with lap, board-and-batten, and stucco finishes, along with metal and composition roofing.
The property is near the 202 in a new community with shared outdoor amenities, including a common area, dog park, and pickleball court. Interior appliance packages include ranges, electric ovens, refrigerators, dishwashers, disposals, microwaves, and washer/dryer units. Sidewalks are also included.
The property is near the 202 in a new community with shared outdoor amenities, including a common area, dog park, and pickleball court. Interior appliance packages include ranges, electric ovens, refrigerators, dishwashers, disposals, microwaves, and washer/dryer units. Sidewalks are also included.
Key Highlights
- 4‑unit residential income property under construction
- 12 bedrooms and 12 bathrooms
- 2025 build year
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
Demographics for 85207, AZ
50,108
Population
22,747
Households
2.2
Avg Household Size
45
Median Age
36%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
1,704
Density / Sq Mi
$99,439
Median Household Income
$50,509
Median Earnings
$1,595
Median Rent
$460,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Under-construction residential income property with attached garages and access to shared community amenities.
Where is this quadplex located?
The property is located at 8232 E UNIVERSITY Drive Mesa, AZ.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: 4‑unit residential income property under construction; 12 bedrooms and 12 bathrooms; 2025 build year
