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

1/1

$1,450,000

Sold
Closed
Multi-Family
12 Total Beds
Updated 6 days ago

1/1

Property Description

NEWLY BUILT investment 4-plex located in the NEW Community of Balboa Village in East Mesa, it offers 3 beds & 2 baths + powder room. The inviting interior features tons of natural light, 10' & 9' tall ceilings, a neutral palette, wood-look tile flooring downstairs, & plush carpet upstairs. You'll love the seamlessly flowing open layout! The impressive kitchen boasts SS appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry w/crown molding, and an island w/breakfast bar. The main bedroom is downstairs, featuring its own outdoor access & an ensuite with dual sinks & a walk-in closet. The large secondary bedrooms are upstairs, along with a shared full bathroom. PLUS! This gem comes with an attached 1-car garage w/driveway for additional parking!

Full Property Details

Full Property Details for 8232 E University Dr

General

Sold For: $1,450,000
HOA FEE: $960
Taxes: $843 (2025)
Status: Closed
Type: Multi-Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 7053038
Added to Site: 90 day(s) ago

Interior

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

Rooms

Bathrooms

Total Bathrooms: 12

Bedrooms

Total Bedrooms: 12

Additional Information

Security/Safety: Fire Sprinklers

Exterior

Exterior Features: Sidewalk(s)

Parking

Parking Features: Attached Garage, Garage Door Opener, >1 Space Per Unit, 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: Zoned, Heat Pump

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
Frontage: Asphalt
Zoning: Residental

Financial Considerations

Maint. Fee/Month: $960
Tax Amount: $843
Tax Year: 2025
Terms: Cash, Conventional, 1031 Exchange
Owner Pays: Other, None

Disclosures and Reports

Legal Description: LOT 2 PROJECT 4 MCR
Property ID: 218-09-200
Range: 7E
Section: 17
Lot Number: 6

Listed by Balboa Realty, LLC
Sold by Lost Dutchman Realty

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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 ATTOM Data Solutions 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

9/30/2026

Sold

$1,450,000

-3.33%

MLS

7/11/2026

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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