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$520,000

  • Sold
  • Closed
  • Triplex
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Exceptional investment opportunity! Three on 8th is an updated triplex in the heart of Mesa, offering convenient access to the freeway, light rail, Mesa Community College, a plethora of parks and the city's vibrant downtown district. The property features three renovated two-bedroom units, each with off-street parking, private backyards, shared laundry and an additional shared side yard. Improvements include a roof and HVAC systems. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.

Full Property Details for 501 E 8th Ave

General

  • Sold For: $520,000
  • Taxes: $1,001 (2024)
  • Status: Closed
  • Type: Triplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6926782
  • Added to Site: 105 day(s) ago

Interior

  • Appliances: Free-Standing Range
  • Flooring: Ceramic Tile

Parking

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

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: Millets Green Acres
  • Cross Streets: Mesa Dr & Southern Ave

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1981

Lot Features

  • Lot Dimensions: 68.02 x 128.57 x 68.02 x 128.57
  • Zoning: MH

Financial Considerations

  • Tax Amount: $1,001
  • Tax Year: 2024
  • Terms: Conventional, FHA, VA Loan
  • Owner Pays: None

Disclosures and Reports

  • Legal Description: MILLETTS GREEN ACRES PER MCR 36/40 E2 LOT 7 BLOCK 1 EX S 157F & EX N 20F RD
  • Property ID: 139-30-011-C
  • Range: 5E
  • Section: 26
  • Lot Number: 7

Listed by Russ Lyon Sotheby's International Realty
Sold by Realty ONE Group

Listing agent

— 501 E 8th Ave —

  • Russ Lyon Sotheby's International Realty

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 501 E 8th Ave

School District:Mesa Unified District
NameGradesDistance
Holmes Elementary School
948 South Horne, Mesa, AZ 85204
PK-60.4 mi
Kino Junior High School
848 North Horne, Mesa, AZ 85203
7-82.3 mi
Mesa High School
1630 East Southern Avenue, Mesa, AZ 85204
9-121.5 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 501 E 8th Ave

Date
Details
Price
Change
Source
11/25/2025
Sold
$520,000
-0.95%
MLS
10/18/2025
Price Reduced
$525,000
-4.55%
MLS
10/03/2025
Listed
$550,000
—
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 Russ Lyon Sotheby's International Realty
Sold by Realty ONE Group

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501 E 8th Avenue, Mesa, AZ 85204 (MLS# 6926782) is a Triplex property that was sold at $520,000 on November 25, 2025. Want to learn more about 501 E 8th Avenue? Do you have questions about finding other Triplex real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.