8232 E UNIVERSITY Drive, Mesa, AZ 85207
$1,499,900
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,499,900
Last Modified:
1/12/2026
Description
AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!
More Information MLS# 6967134
Contract Info
Current Price: $1,499,900
List Price: $1,499,900
Status: Active
List Date: 2026-01-12
Ownership: Other (See Remarks)
Location Tax Legal
House Number: 8232
Compass: E
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85207
County Code: Maricopa
Subdivision: PROJECT 4
Assessor Number: 218-09-197
Tax Year: 2025
General Property Description
Lot Size Dimensions: 6000
Year Built: 2025
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: Residental
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks Misc
Cross Street: University & Hawes
Geo Lat: 33.422621
Geo Lon: -111.653037
Legal Info
Township: 1N
Range: 7E
Section: 17
Lot Number: 3
Income Expenses
Gross Annual Sch Inc: 115200
Net Operating Income: 103920
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 2400
Avg SqFt: 1800
# Baths: 12
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Board & Batten Siding; Lap Siding; Painted; Stucco
Construction Status: Under Construction
Roofing: Composition; Metal
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property; Other (See Remarks)
Community Features: Other
Exterior Amenities: Landscape Water System; Desert Landscaping; Sidewalk(s)
Interior Features: Vertical Blinds; Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Garage; On Street; 1 Space/Unit; >1 Space Per Unit; Garage Door Opener; Attached Garage
Road Surface Type: Asphalt
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Lockbox Type: None
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Balboa Realty, LLC
Last Updated: January - 12 - 2026
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