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Sold on 10/15/2025

432 E 1st St, Mesa, AZ 85203

  • $345,000

    Last sold 10/15/2025 after 67 Days

  • 3

    bed

  • 2

    bath

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

About 432 E 1st St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Rental estimate
Property description
Are you looking close to downtown Mesa where they turned up the heat with breweries, restaurants, entertainment all off of Main St. Then this property is for you! Close to light rail and bus stop and beautiful city parkGreat investment property with the smaller unit already rented out. Roof is only 1 year old. Both units received new flooring, countertops, bathroom remodels and paint within the last 7 months!
Listed by
Listing Agent - Mariana Benner
Listing Office - MovingAZ Realty, LLC
Source: ARMLS mls logo
MLS#6903766 • last updated 8 months ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Window/Wall Unit
Heating Window/Wall Unit(s), Electric, Floor Furnace, Wall Furnace
MLS # 6903766
Type Multiple Dwellings
Status Closed
Property Tax 655
Year Built 1940
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Refrigerator, Free-Standing Electric Oven
Exterior
Roof Composition
Construction Stucco, Block
Parking 1 Space/Unit
# of Open Parking Spaces 1
# of Covered Spaces 1
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision STANDAGE HOMESITES AMD
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 138-26-022
Zoning R4
Directions GO NORTH ON MESA FROM MAIN TO 1ST ST. GO RIGHT ON 1ST TO HOUSE
Multifamily Details
Total # of Units 2
Expense: Operating 5215
Financial Data Source Other (See Remarks)
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 23640
Gross Income 27018
Expense: Professional Management 1800
Expense: Water/Sewer 1560
Gross Scheduled Income 28440
We are not permitted to show value estimates for this property.
  • Oct 2025
    mls logo MLS # 6903766
  • Oct 15, 2025 Sold
    $345,000
  • Sep 13, 2025 Active
    —
  • Sep 4, 2025 Price Change
    $350,000 (-2.8%)
  • Aug 9, 2025 Listed
    $360,000 (+247.0%)
  • Oct 2025
    Public Records
  • Oct 15, 2025 Sold
    $345,000 (-1.4%)
  • Jun 2012
    mls logo MLS # 2207479
  • Jun 1, 2012 Sold
    —
  • Nov 2004
    Public Records
  • Nov 23, 2004 Sold
    $103,750
  • 432 E 1st St
    $345K
  • East Mesa
    $499K
  • 85203
    $540K +20% y/y
  • Mesa
    $488K -1% 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
2/10
Edison 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
Westwood High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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