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Sold on 05/15/2026
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202 E 2nd Ave, Mesa, AZ 85210

  • $1,549,000

    Last sold 05/15/2026 after 129 Days

  • 11

    bed

  • 10

    bath

Multi-family not for sale
24 homes bought nearby with Movoto recently

About 202 E 2nd Ave

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Property description
Price Reduced, 5 Duplex's Single Level Near Downtown Mesa with Excess Land. 2025 Updates and Renovations. This Has Great Potential for Investor or Developer. Excess Land is in the Rear and East Side of Property. Close to Lots of Entertainment and Downtown Mesa is currently seeing significant investment due to the Light Rail extension and the 'Mesa Arts District' revitalization. There is Currently Newer Buildings Surrounding and Even Under Construction. Many Updates Include Some Air Conditioners, All Windows, Roofs Repairs or Replacement and Much More. Light Rail and Many Public Buildings Are Walking Distance. Tenant Attraction is No Issue with So Much in the Way of Activities. All Information is Approximate and Buyers to Verify to Their Satisfaction.
Listed by
Listing Agent - Steven J. Fowler
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#6964033 • last updated 1 month ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Central Air, Window/Wall Unit, Electric, Individual
Heating Individual, Electric
MLS # 6964033
Type Multiple Dwellings
Status Closed
Property Tax 2064
Year Built 1925
Interior
Flooring Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof See Remarks, Foam
Construction Wood Frame, Painted, Stucco
Parking Free, >1 Space Per Unit, On Street
# of Open Parking Spaces 10
Exterior Features Sidewalk(s)
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision Mesa Arizona
Community Features No Pool
Elementary School Edison Elementary School
Elementary School District Mesa Unified District
Middle School Kino Junior High School
High School District Mesa Unified District
High School Westwood High School
APN 138-66-008
Zoning MULTI
Directions Main & Center, South To 2nd Ave And East To Property
Multifamily Details
Total # of Units 10
Expense: Operating 17864
Financial Data Source Projected Proforma
Expense: Maintenance 2000
Vacancy Allowance 0.03
Expense: Insurance 4500
Net Operating Income 112708
Gross Income 142008
Expense: Other 600
Expense: Trash 1000
Expense: Water/Sewer 6500
Gross Scheduled Income 146400
Expense: Gardener 1200
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • May 2026
    mls logo MLS # 6964033
  • May 15, 2026 Sold
    $1,549,000 (-1.9%)
  • Apr 11, 2026 Pending
    —
  • Apr 11, 2026 Sold
    $1,579,000 (-1.3%)
  • Apr 10, 2026 Pending
    —
  • Mar 26, 2026 Active
    —
  • Jan 26, 2026 Price Change
    $1,600,000 (-5.8%)
  • Jan 19, 2026 Price Change
    $1,699,000
  • Jan 6, 2026 Listed
    $1,700,000
  • 202 E 2nd Ave
    $1.54M
  • Downtown Mesa
    $442K +25% y/y
  • 85210
    $345K -1% y/y
  • Mesa
    $489K -2% y/y
No chart available
Statistics calculated by Movoto

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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.

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  • AZ
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  • 202 E 2nd Ave
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