434 W IVYGLEN Street, Mesa, AZ 85201

  • $695,000
434 W IVYGLEN Street, Mesa, AZ 85201
Active
434 W IVYGLEN Street, Mesa, AZ 85201
434 W IVYGLEN Street, Mesa, AZ 85201
  • $695,000

Description

Fully occupied fourplex in a high‑demand Mesa rental corridor near Riverview, Tempe Marketplace, ASU, and the 101/202 interchange. All four units are 2 bed/1 bath with tile flooring, individual electric metering, in‑unit laundry hookups, and assigned parking with carports. The building has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Long‑term tenants and professional management support stable operations, with the property currently generating $4,490/month in scheduled rents and an owner‑reported annual gross income of $51,186. Rents remain below market for the area, creating a clear value‑add opportunity in a submarket where renovated 2‑bed units routinely achieve $1,500-$1,700+. + tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures..

  • Address 434 W IVYGLEN Street
  • City Mesa
  • State/county AZ
  • Zip/Postal Code 85201
  • Country US

Details

Updated on April 24, 2026 at 7:08 am
  • Property ID: 6982461
  • Price: $695,000
  • Garage Size: x x
  • Year Built: 1985
  • Property Type: Multiple Dwellings
  • Property Status: Active
  • MLS#: 6982461

Additional details

  • Listing Terms: No Carry,Conventional,FHA,VA Loan
  • Roof: Composition
  • Sewer: Sewer-In & Connected,Public Sewer
  • Cooling: Electric,Individual
  • Heating: Individual,Electric
  • Flooring: Ceramic Tile,Vinyl
  • County: Maricopa
  • Property Type: Multiple Dwellings
  • Parking: Assigned,>1 Space Per Unit,Carport
  • Elementary School: Whitman Elementary School
  • High School: Westwood High School
  • Community Features: No Pool

Features

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
$
%
%
%
$
%

Contact Information

View Listings

Inquire About This Property

Compare listings

Compare