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$755,000

  • Sold
  • Closed
  • Multi-Family
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An extraordinary investment opportunity in this desirable North Mesa community! All 4 turnkey units are 2 bedroom, 1 bathroom that boast 867 sq ft with private washer & dryer hookup. All units are individually metered electric. A savvy investor can convert the large 139 sq ft (11.6ft x 12ft) patio and large 76 sq ft (11.6 ft x 6.6ft) laundry room into a 3rd bedroom and 2 bathroom. Large open side yard can be enclosed into private yards for tenants. The City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,720 for 2 bedroom units, and $2,318 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $82,560 to $111,264 yearly gross income.

Full Property Details for 1856 N Spring

General

  • Sold For: $755,000
  • Taxes: $1,455 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6838360
  • Added to Site: 305 day(s) ago

Interior

  • Flooring: Carpet, Ceramic Tile, Vinyl

Parking

  • Parking Features: Paved, Assigned, >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: NORTH MESA VILLAGE
  • Cross Streets: E McKellips Rd & N Mesa Dr

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Individual, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Painted, Stucco
  • Roof: Composition
  • Year Built: 1984

Lot Features

  • Lot Dimensions: 9583 SQFT
  • Frontage: Asphalt
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $1,455
  • Tax Year: 2024
  • Terms: Conventional, FHA, VA Loan
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Legal Description: LOT 7 NORTH MESA VILLAGE MCR 024250
  • Property ID: 136-24-111
  • Range: 5E
  • Section: 11
  • Lot Number: 7

Listed by My Home Group Real Estate
Sold by M&B Realty

Listing agents

— 1856 N Spring —

  • My Home Group Real Estate

  • My Home Group Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1856 N Spring

School District:Mesa Unified District
NameGradesDistance
Lehi Elementary School
2555 North Stapley Drive, Mesa, AZ 85203
PK-61.4 mi
Kino Junior High School
848 North Horne, Mesa, AZ 85203
7-81.2 mi
Westwood High School
945 West Rio Salado Parkway, Mesa, AZ 85201
9-122.2 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 1856 N Spring

Date
Details
Price
Change
Source
8/22/2025
Sold
$755,000
-2.58%
MLS
3/20/2025
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by My Home Group Real Estate
Sold by M&B Realty

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1856 N Spring, Mesa, AZ 85203 (MLS# 6838360) is a Multi-Family property that was sold at $755,000 on August 22, 2025. Want to learn more about 1856 N Spring? 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.