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$624,575
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Property Description
This well-maintained 4-unit property offers an excellent income-producing opportunity in a desirable location. The building received a new roof and fresh exterior paint in 2020, adding long-term value and curb appeal. Unit 2 was upgraded with a brand-new AC system in 2025, and Unit 3 features a partial kitchen and bathroom renovation. All units are currently tenant-occupied, providing immediate rental income. Additional conveniences include two sets of newer front-loading washer and dryer units. Each apartment is thoughtfully designed for comfort and functionality.
Full Property Details
Full Property Details for 161 E 2nd
General
- Sold For: $624,575
- HOA FEE: $224
- Taxes: $1,520 (2024)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6918265
- Added to Site: 126 day(s) ago
Interior
- Flooring: Ceramic Tile, Concrete
Parking
- Parking Features: >1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: MESA ARIZONA
- Cross Streets: MESA DR & 2ND AVE
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Stucco, Block
- Roof: Composition
- Year Built: 1958
Unit Information
- Vacancy %: .03
Lot Features
- Lot Dimensions: 12000
- Zoning: 0304-4
Financial Considerations
- Maint. Fee/Month: $224
- Tax Amount: $1,520
- Tax Year: 2024
- Terms: Conventional, 1031 Exchange
- Owner Pays: Water, Sewer
Disclosures and Reports
- Legal Description: MESA PT LOT 6 BLK 18 BEG 50' W OF NE COR LOT 6 BLK 18 TH W 80' TH S 150' E 80' N 150'
- Property ID: 138-48-021
- Range: 5E
- Section: 22
- Lot Number: 6
Listed by West USA Realty
Sold by eXp Realty
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Schools
Schools serving 161 E 2nd
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Lowell Elementary School 920 East Broadway Road, Mesa, AZ 85204 | K-6 | 0.9 mi |
Kino Junior High School 848 North Horne, Mesa, AZ 85203 | 7-8 | 1.7 mi |
Mesa High School 1630 East Southern Avenue, Mesa, AZ 85204 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 E 2nd
Date
Details
Price
Change
Source
10/17/2025
Sold
$630,000
-2.93%
MLS
9/11/2025
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
161 E 2nd, Mesa, AZ 85210 (MLS# 6918265) is a Multi-Family property that was sold at $624,575 on October 17, 2025. Want to learn more about 161 E 2nd? Do you have questions about finding other Multi-Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

