1146 E 2ND Street, Mesa, AZ 85203
$825,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$825,000
Last Modified:
10/24/2025
Listing Details MLS# 6922706
Location, Tax & Legal
- House Number
- 1146
- Compass
- E
- Street Name
- 2ND
- St Suffix
- Street
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85203
- Zip4
- 8847
- Country
- US
- County Code
- Maricopa
- Subdivision
- SUBURBAN GARDENS 2
- Assessor Number
- 138-20-102
- Tax Year
- 2024
- Assessor's Map #
- 20
- Legal Description (Abbrev)
- LOT 31 SUBURBAN GARDENS 2 MCR 009143
- Assessor's Parcel #
- 102
- Add'l Parcels
- No
- Tax Municipality
- Mesa
- Census Tract
- 421502
- Taxes
- 1542
- Tax District
- Mesa
- Legal
- LOT 31 SUBURBAN GARDENS 2 MCR 009143
- Marketing Name
- Four on 2nd St
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- IRR
- Year Built
- 1973
- Uncvrd Parking Spcs
- 4
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- MULTI
- Flood Zone
- No
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
- Elementary School
- Edison Elementary School
- Jr. High School
- Kino Junior High School
- High School
- Westwood High School
Remarks Misc
- Cross Street
- MAIN & STAPLEY
- Directions
- North on Stapley and West on 2nd St
Status Change Info
- Off Market Date
- 2025-10-03
- Under Contract Date
- 2025-09-24
- Close of Escrow Date
- 2025-10-23
Legal Info
- Township
- 1N
- Range
- 5E
- Section
- 23
- Lot Number
- 31
More Information
Income Expenses
- Gross Annual Sch Inc
- 69480
- Net Operating Income
- 58930
Showing Notification Methods
- Showing Service
- Aligned Showings
- Phone Call
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1447
- Avg SqFt
- 1004
- # Baths
- 2
Contact Info
- List Agent Home Phn
- 480-390-4589
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 2.5
- Seller Concession $/%
- %
- Buyer Concession to Seller
- 0
Project Type
- Four Plex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Siding
- Yes
Roofing
- Built-Up
- Yes
- Foam
- Yes
Floors
- Vinyl
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 840
- Annual Gas Exp
- 0
- Annual Ins Exp
- 2464
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 545
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 2273
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 3434
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 732
- Operating Exp
- 11830
- Other Income
- 1280
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 70760
Pmt & Rate Info
- Cap Rate
- 7.14
- Down Payment
- 0
- Equity
- 825000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Fenced
- Yes
- Cable TV Available
- Yes
- Separate Storage
- Yes
- Security Light(s)
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
- See Remarks
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Block
Const - Finish:
Painted; Siding
Roofing:
Built-Up; Foam
Floors:
Vinyl; Carpet
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping; Fenced; Cable TV Available; Separate Storage; Security Light(s)
Interior Features:
Unfurnished; Fire/Smoke Alarm(s)
Appliances Included:
Free-Standing Range; Refrigerator
Cooling:
Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
>1 Space Per Unit; See Remarks
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner
Showing Notification Methods:
Phone Call
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Cash; VA; FHA; Conventional
Environmental:
None
Listing Office:
Better Homes & Gardens Real Estate SJ Fowler
Last Updated: October - 24 - 2025
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