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102 S Pomeroy St, Mesa, AZ 85210

$399,900
  • 7

    bed

  • 7

    bath

Multi-family pending
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About 102 S Pomeroy St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property description
This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.
Listed by
Listing Agent - Shane M. Cook
Listing Office - eXp Realty
Source: ARMLS mls logo
MLS#7058538 • last updated 3 weeks ago
Movoto checked ARMLS for data 15 minutes ago
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Overview
Cooling/AC Electric, 2 Or More Units
Heating Natural Gas
MLS # 7058538
Type Multiple Dwellings
Status Pending
Property Tax 1406
Year Built 1960
Interior
Total # of Bathrooms 7
Total # of Bedrooms 7
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven
Exterior
Roof Composition
Construction Painted, Block
Parking Off Street, Paved, 1 Space/Unit, On Street
# of Open Parking Spaces 7
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision MESA
Community Features No Pool
APN 138-66-021
Zoning R-TC, DR-3
Directions From Mesa & Main, Head South To 1st Ave And Turn Right/West Onto 1st Ave. Pomeroy Is Your First Street On The Left, And The Property Is The Building On The SW Corner Of 1st Ave And Pomeroy.
Multifamily Details
Total # of Units 7
Expense: Operating 45814.6
Financial Data Source Owner
Net Operating Income 24378.7
Expense: Other 44408.6
Lot/ Land Details
Road Surface Asphalt
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6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
3/10
Lowell Elementary School
public Grades PK, K-6
Mesa Unified School District
8/10
Franklin Elementary School
public Grades PK, K-6
Mesa Unified School District
2/10
Kino Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Mesa High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Downtown Mesa

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70/100
Walk
89/100
Family
88/100
Dining
96/100
Pet
  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85210
  • Downtown Mesa
  • 102 S Pomeroy St

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