449 N DREW Street E, Mesa, AZ 85201
$435,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$435,000
Last Modified:
8/21/2025
Description
Rare duplex opportunity—ideal for both investors and owner-occupants. One unit is vacant and ready for you, while the other has a long-term tenant paying above-market rent. That means immediate income to offset your mortgage from day one. Both units were fully updated in 2021 with fresh paint and new flooring and have been maintained impeccably. Low maintenance, high return, and affordable ownership all in one property. Properties like this don't hit the market often. DO NOT DISTURB TENANT IN UNIT 449.
More Information MLS# 6909072
Contract Info
Current Price: $435,000
List Price: $435,000
Status: Active
List Date: 2025-08-21
Ownership: Fee Simple
Location Tax Legal
House Number: 449
Compass: N
Street Name: DREW
St Suffix: Street
St Dir Sfx: E
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 5803
County Code: Maricopa
Subdivision: BIGGS ADD AMD
Assessor Number: 137-26-005
Tax Year: 2024
General Property Description
Lot Size Dimensions: 82.31 x 84.11
Year Built: 1973
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: 1
Zoning: Duplex
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks Misc
Cross Street: University and Drew
Directions: N on Drew St, right to Drew St E, property on your right. White Duplex. No sign on property.
Geo Lat: 33.42373
Geo Lon: -111.832198
Legal Info
Lot Number: 5
Income Expenses
Gross Annual Sch Inc: 33120
Net Operating Income: 31053
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1380
Avg SqFt: 626
# Baths: 1
Property Features
Project Type: Duplex
Construction: Brick
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Electric Oven; Refrigerator
Heating: Heat Pump
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric; Individual Meter
Gas: None
Parking Features: Carport; >1 Space Per Unit; Free; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Lockbox Type: Supra
New Financing: Cash; FHA; Conventional; No Carry
Environmental: None
Listing Office: eXp Realty
Last Updated: August - 21 - 2025
Broker Attribution:
480-359-6098
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