Newly Built
For Sale
$1,499,900
Pending
8232 E UNIVERSITY Drive, Mesa, AZ 85207
MULTI_FAMILY - Mesa, AZ
Days on Market24
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
Full bathrooms
8
Rooms
Bedroom 9, Bedroom 6, Bathroom 1, Bathroom 6, Bathroom 3, Bathroom 8, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 7, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 11, Bedroom 1, Bathroom 5, Bedroom 12, Bedroom 10, Bedroom 7
Parking features
Open, Garage - Attached, On Street
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
Pending
APN
218-09-200
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
Building Details
Year built
2025
Number of units
4
Flooring type
Tile - Ceramic, Carpet
Building materials
Lap Siding, Board & Batten Siding, Wood Frame, Painted, Stucco
Roof type
Composition, Metal
Listing Agency:
Balboa Realty, LLC
(602) 899-6675
Listed By:
Denver Lane · License #BR643200000
(480) 800-0863
Added: Jul 10
Changed: Jul 30
Last Checked: Aug 2 at 1:06AM
MLS# 7053038
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.
Newly built quadplex under construction (Year Built 2025) with a layout that includes 3 bedrooms, 2 bathrooms, and an additional powder room per home. Interiors feature 10' and 9' tall ceilings, a neutral palette, ceramic tile flooring downstairs, and plush carpet upstairs.
The kitchen includes stainless steel appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry with crown molding, and an island with a breakfast bar. The main bedroom is located downstairs and includes its own outdoor access, an ensuite with dual sinks, and a walk-in closet. Upstairs, you’ll find the secondary bedrooms plus a shared full bathroom.
Additional features include an attached 1-car garage with driveway parking, open parking and on-street parking, zoned heat with a heat pump, electric cooling with ceiling fans, and a composition and metal roof. Public sewer service and sidewalk(s) are also listed.
The kitchen includes stainless steel appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry with crown molding, and an island with a breakfast bar. The main bedroom is located downstairs and includes its own outdoor access, an ensuite with dual sinks, and a walk-in closet. Upstairs, you’ll find the secondary bedrooms plus a shared full bathroom.
Additional features include an attached 1-car garage with driveway parking, open parking and on-street parking, zoned heat with a heat pump, electric cooling with ceiling fans, and a composition and metal roof. Public sewer service and sidewalk(s) are also listed.
Key Highlights
- Under construction quadplex, Year Built 2025
- 3 bedrooms, 2 bathrooms, plus powder room per home
- 10' and 9' tall ceilings with tile downstairs and carpet upstairs
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
412
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 - Newly built quadplex in residential zoning with attached 1-car garage and modern interiors featuring high ceilings and outdoor access.
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: Under construction quadplex, Year Built 2025; 3 bedrooms, 2 bathrooms, plus powder room per home; 10' and 9' tall ceilings with tile downstairs and carpet upstairs
