434 W Ivyglen Street 105 Mesa, AZ 85201
Listing Courtesy of: Arizona Regional MLS / Orchard Brokerage

  434 W Ivyglen Street 105 Mesa, AZ 85201

Active (53 Days)
$710,000 (USD)

Description

Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures..

MLS #:
6982461
Taxes
$1,501
Type
Multifamily
Year Built
1985
County
Maricopa County

Listed By

Eric Williamson, Orchard Brokerage
Source
Arizona Regional MLS
Last checked Apr 5 2026 at 3:30 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Electric
  • Individual
Flooring
  • Vinyl
  • Ceramic Tile
Exterior Features
  • Painted
  • Steel Frame
  • Roof: Composition
Utility Information
  • Sewer: Sewer-In & Connected, Public Sewer
School Information
  • Elementary School: Whitman Elementary School
  • High School: Westwood High School
Parking
  • Assigned
  • >1 Space Per Unit
  • Carport
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Disclaimer: Listing Data Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/4/26 20:30.