8232 E University Drive, Mesa, AZ 85207 - Photo 1

1/1

$1,400,000

Sold
Closed
Multi-Family
Updated 3 days ago

1/1

Property Description

AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

Full Property Details

Full Property Details for 8232 E University Dr

General

Sold For: $1,400,000
Taxes: $843 (2025)
Status: Closed
Type: Multi-Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6960530
Added to Site: 23 day(s) ago

Interior

Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Flooring: Carpet, Ceramic Tile

Parking

Parking Features: Garage Door Opener, 1 Space/Unit, On Street

Location

County: Maricopa
Township: 1N
Subdivision: PROJECT 4
Cross Streets: University & Hawes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric

Utilities

Water: City Franchise

Structural Information

# Buildings: 1
Exterior Const.: Lap Siding, Board & Batten Siding, Wood Frame, Painted, Stucco
Roof: Composition, Metal
Year Built: 2025
Property Condition: Under Construction

Unit Information

Vacancy %: .95

Lot Features

Lot Dimensions: 6000
Zoning: Residental

Financial Considerations

Tax Amount: $843
Tax Year: 2025
Terms: Conventional, 1031 Exchange
Owner Pays: Other

Disclosures and Reports

Legal Description: LOT 2 PROJECT 4 MCR
Property ID: 218-09-196
Range: 7E
Section: 17
Lot Number: 2

Listed by Balboa Realty, LLC
Sold by Keller Williams Integrity First

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— 8232 E University Dr —

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Schools

Schools serving 8232 E University Dr

School District:Mesa Unified District

Name	Grades	Distance
Salk Elementary School 7029 East Brown Road, Mesa, AZ 85207	PK-6	1.8 mi
Fremont Junior High School 1001 North Power Road, Mesa, AZ 85205	7-8	1.8 mi
Red Mountain High School 7301 East Brown Road, Mesa, AZ 85207	9-12	1.5 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 8232 E University Dr

Date

Details

Price

Change

Source

1/12/2026

Sold

$1,400,000

-6.66%

MLS

12/23/2025

Listed

$1,499,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8232 E University Dr, Mesa, AZ 85207 - Photo 1

Sold

$1,440,000