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$707,000
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Property Description
**WELL-MAINTAINED, TURN-KEY** 4-Plex with NO HOA is located in a HIGH-DEMAND, QUITE Mesa neighborhood~The property is PROFESSIONALLY-MANAGED, has LONG-TERM Tenants, resulting in LOW vacancy-rates and REDUCED operating-expenses~ALL (4) units are 2 bed/1 bath, and are individually-metered for electricity~LINEAR parking provides, TWO vehicle-spaces per unit~The ground-floor units include PRIVATE-ENCLOSED yard-areas, two units are FULLY-REMODELED and the other two are UPDATED~The property location offers Tenants a suburban-feel with convenient access to modern amenities such as - Mesa Riverview, Mesa Grand , Superstition Springs and Tempe Marketplace - Westwood High School, Mesa Community College and ASU - Tempe Campus are also nearby~ 101 and 202 interchange, Phoenix Sky Harbor, Mesa Gateway airports, are all close, for easy commuting and traveling~Long-term Tenants have rents "relatively below-market," creating a potential opportunity for value-enhancement in a submarket where renovated and updated units are leasing for OVER $1,375 to $1,500
Full Property Details
Full Property Details for 834 N Cherry #1
General
- Price: $707,000
- Taxes: $1,533 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7012894
- Updated: 5/19/2026
- Added to Site: 45 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Carpet, Ceramic Tile, Vinyl
Exterior
- Exterior Features: Sidewalk(s)
Parking
- Parking Features: Free, >1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
- Cross Streets: Country Club & 8th ST
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Individual
- Heating Type: Heat Pump, Electric
Utilities
- Water: Master Meter, City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Brick Veneer, Board & Batten Siding, Wood Frame, Painted
- Roof: Composition
- Year Built: 1984
Lot Features
- Lot Dimensions: Irregular
- Frontage: Asphalt
- Zoning: RM-3
Financial Considerations
- Tax Amount: $1,533
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: E2 OF FOLL DESC PROP W2 SW4 NE4 SEC 16 EX W 520.5F & EX S 173F & EX N 990F & EX N 36F RD TOG W/ S 17
- Property ID: 135-17-008-H
- Range: 5E
- Section: 16
Listed by CTS Realty
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Schools
Schools serving 834 N Cherry #1
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School 415 North Westwood, Mesa, AZ 85201 | PK-6 | 0.6 mi |
Carson Junior High School 525 North Westwood, Mesa, AZ 85201 | 7-8 | 0.5 mi |
Westwood High School 945 West Rio Salado Parkway, Mesa, AZ 85201 | 9-12 | 0.2 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 834 N Cherry #1
Date
Details
Price
Change
Source
5/19/2026
Price Reduced
$707,000
-1.46%
MLS
4/12/2026
Listed
$717,500
94.97%
MLS
1/22/2019
Sold
$368,000
—
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 834 N Cherry #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,533
—
$15,540
-77%
2025
$1,533
—
$68,560
5%
2023
$1,538
2%
$65,360
18%
2022
$1,506
—
$55,330
51%
2022
$1,506
-1%
$36,700
19%
2021
$1,524
1%
$30,830
11%
2020
$1,505
7%
$27,670
17%
2019
$1,406
4%
$23,580
22%
2018
$1,349
3%
$19,250
7%
2017
$1,309
2%
$17,960
4%
2016
$1,285
6%
$17,280
16%
2015
$1,207
-4%
$14,860
30%
2014
$1,252
24%
$11,400
38%
2013
$1,009
—
$8,260
—
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 834 N Cherry #1
834 N Cherry -- #1, Mesa, AZ 85201 (MLS# 7012894) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 834 N Cherry -- #1 is currently listed for $707,000 and was received on April 12, 2026. Want to learn more about 834 N Cherry -- #1? 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.

