457 E 9th Avenue Mesa, AZ 85204
Listing Courtesy of: Arizona Regional MLS / Listed By: Hana Huynh, Better Homes And Gardens Real Estate S.J. Fowler

  457 E 9th Avenue Mesa, AZ 85204

Coming Soon
$900,000 (USD)
8
BED
4
BATH

Description

Investor's dream**DO NOT DISTURB OCCUPANTS**
Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit, with drain. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots.
The current rents are:
Unit 1: $1,530 (long term tenant 10+ years)
Unit 2: $1,550 (lease ends August 31, 20026)
Unit 3: $1,530 (long term tenant 10+ years)
Unit 4: $1,650 (lease through Jun 30, 2027))
Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed with power that could potentially be turned into storage, office, or another unit.
Last repair on the roof was 7/2026.
Fresh exterior paint 10/2024
Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026
Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025.
Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025
Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, new dishwasher in 8/2026, inside fresh paint 2026.

Low maintenance landscaping. Fresh paint. Lights in parking lot. Strong demand rental area.

Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

MLS #:
7064367
Taxes
$1,669
Type
Multifamily
Year Built
1986
County
Maricopa County

Listed By

Hana Huynh, Better Homes And Gardens Real Estate S.J. Fowler
Source
Arizona Regional MLS
Last checked Aug 8 2026 at 11:16 PM MST
Bathroom Details
Heating and Cooling
  • Electric
Flooring
  • Ceramic Tile
Exterior Features
  • Stucco
  • Painted
  • Wood Frame
  • Roof: Tile
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
Parking
  • >1 Space Per Unit
  • Carport
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

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

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 8/8/26 16:16.