2223 W DORA Street, Mesa, AZ 85201

$815,000
Property Type: Multiple Dwellings Status: Active
Current Price: $815,000 Last Modified: 3/06/2026

Overview

Description

Beautifully remodeled fourplex!!! 100% large 2 Bedroom / 1 Bathroom units with (3 of 4) units recently modern renovations. All units feature in-suite Washer & Dryer and have ample parking with (2) spaces/unit plus street parking. This asset also features a light value-add component through renovation of the final unit. It is located in the path of progression between Downtown Mesa & Arizona State University. All units are individually metered for electricity.

Listing Details MLS# 6984791

Location, Tax & Legal

House Number
2223
Compass
W
Street Name
DORA
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85201
Zip4
6053
Country
US
County Code
Maricopa
Subdivision
LA MESITA
Assessor Number
135-45-057-B
Tax Year
2025
Assessor's Map #
45
Legal Description (Abbrev)
LA MESITA MCR 32-44 LOTS 52 & 53 EX S 170F TH/OF & EX E 65F OF SD LOT 53
Assessor's Parcel #
57
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
421303
Taxes
1375
Legal
LA MESITA MCR 32-44 LOTS 52 & 53 EX S 170F TH/OF & EX E 65F OF SD LOT 53
Marketing Name
Dora Apartments

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
73.10x93.85x73.04x93.86
Year Built
1986
Uncvrd Parking Spcs
8
Total # of Units
4
# of Buildings
Yes
Zoning
RM-4
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Legal Info

Township
1N
Range
5E
Section
19
Lot Number
52

Income Expenses

Gross Annual Sch Inc
65760
Net Operating Income
54097

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1370
Avg SqFt
725
# Baths
Yes

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Building(s) Only
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1375
Other Income
3200
Vacancy Allowance
0.05
Adjusted Gross Inc
65512

Pmt & Rate Info

Cap Rate
6.22
Equity
870000
Down Payment %
25
Monthly Payments
3912
Total Owed
0

Lockbox Type

Combo
Yes

Community Features

No Pool
Yes

Heating

Individual
Yes
Central
Yes

Cooling

Electric
Yes
Individual
Yes

Exterior Amenities

Landscape Water System
Yes
Desert Landscaping
Yes
Fenced
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Built-In Electric Oven
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Built-In Range
Yes
Washer/Dryer
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes

Reports/Disclosures

None
Yes

Environmental

None
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: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Vinyl Sale Includes: Building(s) Only Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Individual; Central Cooling: Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text; Phone Call Lockbox Type: Combo New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: ABI Multifamily
Last Updated: March - 06 - 2026
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