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$710,000
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Property Description
Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures..
Full Property Details
Full Property Details for 434 W Ivyglen St #105
General
- Price: $710,000
- Taxes: $1,501 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6982461
- Updated: 2/14/2026
- Added to Site: 12 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator
- Flooring: Ceramic Tile, Vinyl
Exterior
- Exterior Features: Sidewalk(s)
Parking
- Parking Features: Assigned, >1 Space Per Unit, Carport
Location
- County: Maricopa
- Township: 1N
- Cross Streets: COUNTRY CLUB DR & BROWN.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Individual
- Heating Type: Individual, Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Steel Frame, Painted
- Roof: Composition
- Year Built: 1985
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: 7187
- Frontage: Asphalt
- Zoning: C-C
Financial Considerations
- Tax Amount: $1,501
- Tax Year: 2025
- Terms: No Carry, Conventional, FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Property ID: 135-11-002-J
- Range: 5E
- Section: 9
- Lot Number: M/B
Listed by Orchard Brokerage
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Schools
Schools serving 434 W Ivyglen St #105
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Whitman Elementary School 1829 North Grand, Mesa, AZ 85201 | PK-6 | 0.5 mi |
Carson Junior High School 525 North Westwood, Mesa, AZ 85201 | 7-8 | 1.6 mi |
Westwood High School 945 West Rio Salado Parkway, Mesa, AZ 85201 | 9-12 | 1.3 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 434 W Ivyglen St #105
Date
Details
Price
Change
Source
2/12/2026
Listed
$710,000
18.33%
MLS
7/10/2021
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 434 W Ivyglen St #105
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,501
—
$66,820
-1%
2024
$1,494
-1%
$67,350
5%
2023
$1,506
2%
$64,120
18%
2022
$1,475
—
$54,250
51%
2022
$1,475
-1%
$36,020
21%
2021
$1,493
1%
$29,880
11%
2020
$1,473
7%
$26,860
15%
2019
$1,377
4%
$23,270
10%
2018
$1,321
3%
$21,100
18%
2017
$1,282
2%
$17,860
5%
2016
$1,258
6%
$16,980
15%
2015
$1,182
-4%
$14,760
30%
2014
$1,234
25%
$11,350
40%
2013
$987
—
$8,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 434 W Ivyglen St #105
434 W Ivyglen Street #105, Mesa, AZ 85201 (MLS# 6982461) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 434 W Ivyglen Street #105 is currently listed for $710,000 and was received on February 12, 2026. Want to learn more about 434 W Ivyglen Street #105? 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.

