Fourplex with Attached
For Sale
$1,499,900
Pending
8232 E UNIVERSITY Drive, Mesa, AZ 85207
Multiple Dwellings, Mesa, AZ
Property SizeContact for details
Days on Market57
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 4, Bedroom 10, Bathroom 5, Bathroom 10, Bathroom 9, Bedroom 11, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 9, Bathroom 11, Bathroom 3, Bathroom 8, Bedroom 7, Bedroom 1, Bedroom 8, Bathroom 7, Bathroom 12, Bathroom 2, Bedroom 12, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 6
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
Metal, Composition
Listing Agency:
Balboa Realty, LLC
(602) 899-6675
Listed By:
Denver Lane · License #BR643200000
(480) 800-0863
Added: Jul 10
Changed: Aug 25
Last Checked: Sep 4 at 11:06PM
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.
This fourplex is under construction in Balboa Village, a newer community in East Mesa. The residences offer three bedrooms, two full bathrooms, and a powder room, with open-plan interiors, 10' and 9' ceilings, ceramic tile downstairs, and carpeted upper levels. Kitchens are equipped with stainless steel appliances, granite countertops, subway tile backsplashes, recessed lighting, shaker cabinets with crown molding, and islands with breakfast bars.
The downstairs primary bedroom includes outdoor access, dual sinks, and a walk-in closet. Secondary bedrooms and a shared full bathroom are positioned upstairs. The property includes an attached 1-car garage with driveway parking, along with open and on-street parking options. Additional features include washer/dryer appliances, zoned heat-pump heating, electric cooling, public sewer, sidewalk(s), and metal and composition roofing. Residential zoning is identified, and the recorded year built is 2025.
The downstairs primary bedroom includes outdoor access, dual sinks, and a walk-in closet. Secondary bedrooms and a shared full bathroom are positioned upstairs. The property includes an attached 1-car garage with driveway parking, along with open and on-street parking options. Additional features include washer/dryer appliances, zoned heat-pump heating, electric cooling, public sewer, sidewalk(s), and metal and composition roofing. Residential zoning is identified, and the recorded year built is 2025.
Key Highlights
- Fourplex under construction in Balboa Village, East Mesa
- Three bedrooms, two full bathrooms, and a powder room
- 10' and 9' tall ceilings with open‑plan interiors
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
123
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 - Open interiors feature upgraded kitchens, private bedroom accommodations, and a downstairs primary suite.
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: Fourplex under construction in Balboa Village, East Mesa; Three bedrooms, two full bathrooms, and a powder room; 10' and 9' tall ceilings with open‑plan interiors
