AZ
Maricopa
Mesa
85203
1861 N SPRING
1861 N SPRING, Mesa, AZ 85203
Share Listing
Listing Type
Multi Family
Listing Status
Active
26
$749,999

Home Details for 1861 N SPRING

Price
$749,999
Type
Residential Income
Year built
1984
County
Maricopa
Listing #
7045584
Listing Courtesy: My Home Group Real Estate - 480-685-2760
Property Description

Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
Arizona logo Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: 2026-08-25 12:11:39
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Arizona.
EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
Request more details
Code: