1432 E KNOLL Circle, Mesa, AZ 85203

$699,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 8 Status: Active
Current Price: $699,000 Last Modified: 10/27/2026

Overview

Description

This 3,400 sq. ft. individually metered fourplex offers investors a perfect blend of stable, immediate cash flow and substantial value-add potential. Consisting entirely of highly rentable 2-bedroom, 1.5-bathroom units (approx. 850 sq. ft. each), this property is designed for efficient management and maximum tenant appeal. Every unit features washer/dryer hookups and spacious outdoor patio area. Individually metered for both water and electric - because tenants pay their own water and electric, owner utility expenses are kept to an absolute minimum. Two units are currently occupied with long term tenants at market rates. One unit has been updated and will be vacated shortly.

Listing Details MLS# 7099050

Location, Tax & Legal

House Number
1432
Compass
E
Street Name
KNOLL
St Suffix
Circle
City/Town Code
Mesa
State/Province
AZ
Zip Code
85203
Zip4
2025
Country
US
County Code
Maricopa
Subdivision
NORTH GATE GARDENS UNIT 2
Assessor Number
136-07-357
Tax Year
2026

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7320
Year Built
1986
Uncvrd Parking Spcs
2
Total # of Units
4
# of Buildings
Yes
Zoning
RM-3
Flood Zone
No
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Elementary School
MacArthur Elementary School
Jr. High School
Stapley Junior High School
High School
Mountain View High School

Remarks Misc

Cross Street
Stapley and McKellips
Directions
Use GPS

Legal Info

Township
1N
Range
5E
Section
Yes
Lot Number
4

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1300
Avg SqFt
850
# Baths
2

More Information

Structure

Bedrooms Total
8
Bathrooms Total
8

Income Expenses

Gross Annual Sch Inc
62400
Net Operating Income
55000

Showing Notification Methods

Showing Service
No Showing Service Used

Contact Info

List Agent Home Phn
602-614-5574

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Built-In Electric Oven; Refrigerator; Dishwasher; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: Individual Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Free; Paved; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection Source of Fincl Data: Owner Status Update: Multiple Offers Recd Showing Notification Methods: Text Lockbox Type: Combo Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Conventional; Owner May Carry Environmental: None
IDX
Listing Office: ML CO Realty
Office Phone: 602-957-0604
Office Email: phxburch@gmail.com
Last Updated: October - 27 - 2026
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