208 S UDALL Street, Mesa, AZ 85204

$1,900,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,900,000 Last Modified: 7/02/2026

Overview

Description

Check out this location! 11 Units: 4 Duplexes and a Triplex which are comprised of 6- 1-bedroom and 5- 2-bedroom units in the Temple District all on irrigated lots. This property is located within the Opportunity Zone. Each unit has a covered parking spot. There is a separate laundry room located in the large shared community backyard. All water heaters were recently replaced. Tenants pay for electric and gas. Rents are below market and units are in high demand. Please Do Not Disturb Tenants.

Listing Details MLS# 6477139

Location, Tax & Legal

Map Code/Grid
R39
House Number
208
Compass
S
Street Name
UDALL
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85204
Zip4
2018
Country
US
County Code
Maricopa
Subdivision
BUTLER TRACT
Assessor Number
138-30-015
Tax Year
2021
Assessor's Map #
30
Legal Description (Abbrev)
LOT 2 BUTLER TRACT MCR 002812
Assessor's Parcel #
15
Add'l Parcels
Yes
Tax Municipality
Mesa
Census Tract
421501
Taxes
2615
Legal
LOT 2 BUTLER TRACT MCR 002812
Marketing Name
11 Plex in Heart of Mesa

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irr
Year Built
1953
Uncvrd Parking Spcs
11
Total # of Units
11
# of Buildings
6
Zoning
DR-2
Flood Zone
No
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Remarks Misc

Cross Street
Main & Mesa Dr
Directions
South from Main on Mesa Dr. to 2nd ave. East to the corner of 2nd ave & Udall, the units are on the southwest corner and Udall. Do Not Disturb Tenants!

Status Change Info

Off Market Date
2023-01-12
Under Contract Date
2022-11-10
Close of Escrow Date
2023-02-08

Legal Info

Township
1N
Range
5E
Section
23
Lot Number
2

More Information

1 Bedroom Units

# 1 Bedroom Units
6
Avg Rent
1200
Avg SqFt
600
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
5
Avg Rent
1400
Avg SqFt
850
# Baths
Yes

Income Expenses

Gross Annual Sch Inc
170400
Net Operating Income
126342

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Other Type

Packaged Offering
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
500
Annual Gas Exp
924
Annual Ins Exp
3400
Annual Land Lse Exp
0
Annual Landscape Exp
5165
Annual Legal & Acctg
0
Annual Maint Exp
7000
Annual Mgmt Exp
3729
Annual Wtr/Swr Exp
10334
Owner Association
No
Annual Ownr Asoc Fee
0
Annual Other Expense
2075
Operating Exp
35742
Other Income
215
Vacancy Allowance
0.05
Adjusted Gross Inc
162084.25
Total Monthly Rental Income
14200

Pmt & Rate Info

Cap Rate
6.02
Down Payment
0
Equity
2100000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Showing Notification Methods

Text
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Heat Pump
Yes

Exterior Amenities

Green Landscaping
Yes
Partially Fenced
Yes
Cable TV Available
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Projected Proforma
Yes

Water Source

City Franchise
Yes
Irrigation
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
On Street
Yes
>1 Space Per Unit
Yes

Electric

City Electric
Yes
Individual Meter
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes

Special

Economic Redevelopment Zone
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

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Other Type: Packaged Offering Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Green Landscaping; Partially Fenced; Cable TV Available Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator Heating: Natural Gas Cooling: Heat Pump Water Source: City Franchise; Irrigation; Master Meter Sewer: Sewer - Public Electric: City Electric; Individual Meter Gas: SW Gas Parking Features: Carport; On Street; >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Projected Proforma Special: Economic Redevelopment Zone Showing Notification Methods: Text 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: Conventional Environmental: None
IDX
Listing Office: DeLex Realty
Last Updated: July - 02 - 2026
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