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1540 E Broadway Rd, Mesa, AZ 85204

  • $595,000

  • 7

    bed

  • 6

    bath

Multi-family for sale 13 days
24 homes bought nearby with Movoto recently

About 1540 E Broadway Rd

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Property description
Great opportunity to own an income producing property in Mesa. Rare building with one 3 bedroom/two bath apartment and two two bedroom/one bath apartments. The two bedroom apartments are occupied with long term tenants on month to month leases. The three bedroom was just rented after some renovations on a one year lease at $1700mo. Building has new exterior paint and a new water main. Building does share courtyard and common areas with 1546 Broadway and needs to be bought together.
Listed by
Listing Agent - Wally Erickson
Listing Office - Erickson Realty Group L.L.C.
Source: ARMLS mls logo
MLS#7066916 • last updated 2 weeks ago
Movoto checked ARMLS for data 4 minutes ago
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Overview
Cooling/AC Heat Pump
Heating Heat Pump
MLS # 7066916
Type Multiple Dwellings
Status Active
Property Tax 1429
Year Built 1968
Interior
Total # of Bathrooms 4
Total # of Bedrooms 7
Flooring Tile, Laminate, Vinyl
Appliances Refrigerator, Free-Standing Electric Oven
Exterior
Roof Composition
Construction Wood Frame, Siding, Block
Parking >1 Space Per Unit
# of Covered Spaces 3
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision MESA HOMES 2 REPLATTED
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 138-13-164
Zoning C-G
Multifamily Details
Total # of Units 3
Expense: Operating 1429
Financial Data Source Owner
Net Operating Income 40800
Gross Income 44160
Gross Scheduled Income 44160
Lot/ Land Details
Road Surface Asphalt
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2/10
Longfellow 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
6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
4/10
Poston 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 Reed Park

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61/100
Walk
92/100
Family
85/100
Dining
95/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85204
  • Reed Park
  • 1540 E Broadway Rd

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