421 S WILBUR, Mesa, AZ 85210
New Listing
$630,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$630,000
List Date:
5/07/2025
Last Modified:
5/09/2025
Description
Freshly stucco'd and painted 4-unit property in the heart of Mesa! This well-maintained investment opportunity features 2 separate buildings with a total of 4 units comprised of 8 bedrooms, 6 bathrooms and 4 kitchens. A spacious common area sits at the center with an outdoor cooking area, perfect for shared use or added tenant appeal. Located just off Mesa's Main Street and minutes from highways 202, 101, 60, and 87, with quick access to Tempe, Gilbert, shopping, dining, and schools. Each unit is move-in ready and ideal for strong rental income or multi-generational living. Thoughtfully updated and cared for throughout. Don't miss out on this rare find in a high-demand rental area—this property is a must-see and won't last long!
More Information MLS# 6861870
Contract Info
Current Price: $630,000
List Price: $630,000
Status: Pending
List Date: 2025-05-05
Ownership: Fee Simple
Location Tax Legal
House Number: 421
Compass: S
Street Name: WILBUR
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85210
Zip4: 2539
Country: US
County Code: Maricopa
Subdivision: ALMOND PLACE
Assessor Number: 139-36-049-B
Tax Year: 2024
General Property Description
Lot Size Dimensions: 277' x 52'
Year Built: 1935
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: DR-2
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks Misc
Cross Street: S Wilbur and E Broadway Rd
Directions: From Mesa Dr and Broadway Rd, head West. Head West and turn left (South) on Wilbur. Property to left.
From Center St and Broadway Rd, head East. Turn right (South) on Wilbur. Property to left.
Geo Lat: 33.407093
Geo Lon: -111.824495
Status Change Info
Status Change Date: 2025-05-09
Off Market Date: 2025-05-09
Under Contract Date: 2025-05-07
Legal Info
Township: 1N
Range: 5E
Section: 27
Lot Number: 9
Income Expenses
Gross Annual Sch Inc: 70800
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1200
Avg SqFt: 539
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1300
Avg SqFt: 8275
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 2000
Avg SqFt: 1416
# Baths: 2
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool; Play Area; Barbecue; Other
Exterior Amenities: Fenced; Patio/Balcony; Separate Storage
Appliances Included: Free-Standing Range; Refrigerator; Microwave; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Electric; Window/Wall Unit; Evaporative Cooling; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: City Gas
Parking Features: Carport; On Street; Other
Owner Pays: Landscaping; See Remarks
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV; Other (See Remarks)
Source of Fincl Data: Owner
Lockbox Type: Supra
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: HomeSmart
Last Updated: May - 09 - 2025
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