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Sold on 10/19/2024
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1138 S Meridian Rd #-, Mesa, AZ 85208

  • $1,750,000

    Last sold 10/19/2024 after 9 Days

  • —

    bed

  • —

    bath

  • 4.2

    Acre ($416K/Acre)

Lot/Land not for sale
24 homes bought nearby with Movoto recently

About 1138 S Meridian Rd #-

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 4.2 Acre
Property description
Prime development opportunity!! Recently re-zoned from RS-42 to RM-3 PAD, the property is approved for 72 garden-style apartment units across three buildings, offering a mix of 1 BD, 2 BD, and 3 BD units. The location is ideal, with proximity to Eastmark, Mesa-Gateway Airport, and major healthcare employers. The area boasts strong rental demand and sale values for new residential housing, supported by an annual household income of over $80,000 within a 1-mile radius.
Listed by
Listing Agent - Olivia Guza
Listing Office - Compass
Source: ARMLS mls logo
MLS#6769202 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
MLS # 6769202
Type Land
Status Closed
Lot Size (Acres) 4.2
Lot Size (Sqft) 182967
Property Tax 1328.64
Interior
Exterior
Other Structures None
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
APN 220-79-425
Zoning RM-3 PAD
Directions Heading East On Southern, Property Is On Your Left.
Lot/ Land Details
Development Status See Remarks, Raw Land
Possible Use See Remarks, Multi-Family
We are not permitted to show value estimates for this property.
  • Oct 2024
    mls logo MLS # 6769202
  • Oct 19, 2024 Sold
    $1,750,000 (-19.0%)
  • Oct 14, 2024 Active
    —
  • Oct 10, 2024 Listed
    $2,160,000
  • 1138 S Meridian Rd #-
    $1.75M
  • Mesa East
    $465K
  • 85208
    $397K -5% y/y
  • Mesa
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Brinton Elementary School
public Grades PK, K-6
Mesa Unified School District
10/10
Franklin at Brimhall 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
3/10
Smith Junior High School
public Grades 7-8
Mesa Unified School District
4/10
Skyline High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85208
  • 1138 S Meridian Rd #-
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