Mesa, AZ Multifamily Properties for Sale

List

Map

Flagstaff, AZ Queen Creek, AZ Tempe, AZ Maricopa, AZ Hayden, AZ Scottsdale, AZ Gilbert, AZ Paradise Valley, AZ

44 properties

Sort:

Updated: Oct 2

Five-Unit Apartment Property

313 N Horne Street, Mesa, AZ 85203

$815,000

Five apartments: three 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
Two buildings on one lot
2‑bedroom units are approximately 990 square feet each
1‑bedroom units are approximately 700 square feet each
Shared laundry room with washer and dryer; separate storage room for each unit

View details

Updated: Aug 17

New Construction Duplex

715 S 97TH Street, Mesa, AZ 85208

$549,500

Duplex with 2 mirrored units, each offering 3 bedrooms, 2 bathrooms, and 1,000 sq ft
Under construction with a 2026 build year
Multifamily zoning
Quartz countertops, soft‑close cabinetry, crown molding, and new appliances in both units
Individually metered electricity and tankless water heaters

View details

Townhouse-Style 4-Unit Quadplex

457 E 9TH Avenue, Mesa, AZ 85204

$900,000

Fully occupied rental property with private yards, individual laundry rooms, and separately metered electricity for each residence.

View details

See hot listings in Mesa

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Two-Unit Duplex with R-5 Zoning

401 S 97TH Way, Mesa, AZ 85208

$569,900

2,496 sqft

Each residence provides three bedrooms, two bathrooms, and an open-plan interior with upgraded finishes.

View details

Triplex with Private Backyards

532 S MESA Drive, Mesa, AZ 85210

$525,000

Fully leased three-unit property with basement space, dedicated parking, and recent building improvements.

View details

Duplex with Private Yards

120 S LEBARON, Mesa, AZ 85210

$439,900

Two distinct residences offer separate outdoor areas and in-unit laundry.

View details

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

2-Unit Duplex

152 W SOUTHERN Avenue, Mesa, AZ 85210

$400,000

One residence is occupied by a tenant, while the other is available for rental or owner use.

View details

Triplex Apartment Building

1540 E Broadway Rd, Mesa, AZ 85204

$595,000

Apartment mix includes renovated interiors, established tenants, and shared courtyard and common-area use.

View details

Duplex with Carport

449 N DREW Street E, Mesa, AZ 85201

$399,000

Two private residences offer a flexible owner-occupant and rental configuration.

View details

Duplex With Private Fenced Yards

216 S HOBSON, Mesa, AZ 85204

$463,000

Two separately fenced residences offer private outdoor space, dedicated parking options, and established occupancy.

View details

40-Unit Apartment Building

309 S Shouse, Mesa, AZ 85204

$6,500,000

RM-4 zoning accompanies a residential mix of two- and three-bedroom units.

View details

Remodeled Duplex with Private Yards

1063 N July Circle, Mesa, AZ 85203

$575,000

Two residential units feature updated interiors, private backyard areas, and central heating and air conditioning.

View details

New 4-Unit Quadplex

8232 E UNIVERSITY Drive, Mesa, AZ 85207

$1,450,000

Under-construction residential income property with attached garages and access to shared community amenities.

View details

Four-Unit Quadplex with Updates

1861 N Spring --, Mesa, AZ 85203

$749,999

Fully occupied multifamily property with individually metered units and select granite countertops.

View details

Upgraded Duplex with Mirrored Layouts

435 S 96TH Street, Mesa, AZ 85208

$554,900

Two separately metered residences offer upgraded finishes, private laundry hookups, and low-maintenance exterior improvements.

View details

Duplex with Private Yards

410 N TEMPLE Street, Mesa, AZ 85203

$445,000

Each residence has its own laundry room and storage area, with a separate backyard.

View details

Leased Triplex with Basements

532 S MESA Drive, B, Mesa, AZ 85210

$525,000

Fully leased triplex with upgraded interiors, private backyards, and designated parking within a tucked-away residential setting.

View details

Updated Duplex with Private Yards

453 W UNIVERSITY Drive, Mesa, AZ 85201

$469,999

Two separately metered residences feature in-unit laundry, refreshed finishes, and individual outdoor space.

View details

Four-Plex Residential Income Property

2650 E McKellips Rd Unit 241, Mesa, AZ 85213

$715,000

Four well-maintained 2-bedroom, one-bath units with on-site laundry, plus enclosed outdoor space and community amenities.

View details

Brick-Veneer Duplex with Private Yards

20 N Santa Barbara Drive, Mesa, AZ 85201

$420,000

Two residences offer separate utility metering, ceramic tile flooring, and individual outdoor yard areas.

View details

Two-Property Multifamily Investment Portfolio

718 W Pepper Pl, Mesa, AZ 85201

$1,000,000

Includes an occupied Central Phoenix triplex and a Mesa two-unit property, with added-unit development opportunities.

View details

Two-Home Duplex Property

630 S GRAND Street, Mesa, AZ 85210

$320,000

Two separate residences on one lot provide flexible multifamily occupancy and rental-use potential.

View details

Four-Unit Quadplex

1546 E BROADWAY Road, Mesa, AZ 85204

$675,000

Residential income property with a mixed one- and two-bedroom unit configuration and recently painted exterior.

View details

7-Unit Apartment Building

102 S POMEROY Street, Mesa, AZ 85210

$399,900

Seven one-bedroom residences near light rail and Downtown Mesa, with long-tenured occupancy and residential zoning flexibility.

View details

Mesa, AZ Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Mesa, AZ, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 50,498 square feet of properties for sale, with an estimated market value of $32,568,796.

Sale prices for multifamily properties in Mesa, AZ start at $62,000, averaging $775,447, and reaching up to $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 550K

Population Growth (5Y) +3.8%

Median Household Income $79,612

College Educated 28.5%

High-Yield Neighborhoods for Investment

Identify Mesa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
85206	$62K
85210	$390.5K
85201	$540.4K
85208	$559.9K
85204	$619.2K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Maricopa County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Mesa fall within the 100,000+ square foot range.

How Realmo verifies these figures

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings