1138 E 2nd St

Mesa, AZ 85203

$765,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a kitchen with a sink a stove and cabinets
a kitchen with a sink and a stove
a kitchen with a sink and a window
an empty room with wooden floor and windows
an empty room with wooden floor
a view of a cars in front of a house
wooden floor in an empty room
an empty room that has a window
a view of a hallway with wooden floor
a view of a car is parked in front of house
a view of yard from deck with patio
a bathroom with a toilet
an empty room with closet and mirror
a car parked in front of a building
a view of an empty room with a window
a view of empty room
a front view of a building
a view of an outdoor space
a bathroom with a sink and mirror
a kitchen with granite countertop a sink stainless steel appliances and cabinets
a view of an empty room and window
en empty room with windows and brick walls
a kitchen with a stove microwave and refrigerator
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a kitchen with a refrigerator and a sink
a bathroom with a granite countertop toilet and a sink
a bathroom with a toilet and a shower

Description

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term...Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!
  1. Listed by Dale Eames • Brokerage DRE #LC648802000 • Professional Real Estate Negotiators
    P: (480)-330-3485 C: (480)-330-3485 dale@daleeames.com

Property Details for 1138 East 2nd Street

Subdivision Name
SUBURBAN GARDENS 2
View YN
No
Zoning
MULTI
LISTING UPDATED: 12/02/2025 02:13 PM

Property Details for 1138 East 2nd Street

StatusActive
MLS #6861620
Days on Market209
Taxes$1,543 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1973
Lot Size0.16 AC / 6,897 SF
CountyMaricopa County

Location

Listing Courtesy of Professional Real Estate Negotiators
Add your commute

Building Information for 1138 East 2nd Street

Stories-Residences4Year Built1973Building Size-Lot Size0.16 AC / 6,897 SF

Payment Calculator

$3,909 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,780

Property Taxes

$129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1138 East 2nd Street

Summary
Location and General Information
  • Unparsed Address: 1138 E 2ND Street, Mesa, AZ 85203
  • City: Mesa
  • Coordinates: -111.80621, 33.41897
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Stapley and Main
  • Directions: South on Stapley, West on 2nd St
  • Latitude: 33.41897
  • Longitude: -111.80621
  • Postal City: Mesa
  • Postal Code: 85203
  • Postal Code Plus4: 8848
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,973
Taxes and HOA
  • Tax Annual Amount: $1,543.00
  • Tax Book Number: 138.00
  • Tax Legal Description: LOT 32 SUBURBAN GARDENS 2 MCR 009143
  • Tax Lot: 32
  • Tax Year: 2,024
Parking
  • Covered Spaces: 4
  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Carport
  • Parking Total: 6
School Information
  • Elementary School District: Mesa Unified District
  • High School District: Mesa Unified District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 6897
Property and Assessments
  • Disclosures: Other (See Remarks)
  • Documents Count: 1
  • Ownership: Fee Simple
  • Parcel Number: 13820103
  • Property Type: Multiple Dwellings
  • Public Survey Range: 5E
  • Public Survey Section: 23
  • Public Survey Township: 1N
Utilities
  • Electric: City Electric
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Other, See Remarks
  • Construction Materials: Wood Frame, Painted
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Other, Built-Up, Foam, Shake
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating: Other, See Remarks
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gross Income: $55,740.00
  • Gross Scheduled Income: $53,640.00
  • Net Operating Income: $.00
  • Operating Expense: $1,543.00
  • Other Expense: $.00

Property History for 1138 East 2nd Street

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Listed (Active)

ARMLS #6861620

—
Oct 15, 2025

Pending

ARMLS #6861620

—
Oct 9, 2025

Price Change

ARMLS #6861620

$765,000—
Sep 18, 2025

Price Change

ARMLS #6861620

$745,000—
Aug 3, 2025

Price Change

ARMLS #6861620

$755,000—
May 5, 2025

Listed (Active)

ARMLS #6861620

$775,000—
Jul 7, 2017

Sold

ARMLS #5585810

$345,000—
Jun 26, 2017

Sold (Public Record)

Public Record #600619384

$345,000

+13.3% / yr

Jun 8, 2017

Pending

ARMLS #5585810

—
Apr 5, 2017

Listed (Active)

ARMLS #5585810

$349,000—
Jul 1, 2009

Sold

ARMLS #4178162

$125,900—
Jun 8, 2009

Sold (Public Record)

Public Record #270800557

$125,900—
Jun 8, 2009

Sold (Public Record)

Public Record #770800557

$125,900

-25.9% / yr

Jun 2, 2009

Pending

ARMLS #4178162

—
May 21, 2009

Listed (Active)

ARMLS #4178162

$127,900—
Nov 2, 2005

Sold (Public Record)

Public Record #167493943

$370,000

+15.7% / yr

Sep 22, 2005

Sold

ARMLS #2284830

$370,000—
Aug 22, 2005

Pending

ARMLS #2284830

—
Mar 23, 2005

Listed (Active)

ARMLS #2284830

$389,900—
Nov 3, 2004

Sold (Public Record)

Public Record #145939494

$320,000—
DateEvent & SourcePrice
11/04/2025

Listed (Active)

ARMLS #6861620

—
10/15/2025

Pending

ARMLS #6861620

—
10/09/2025

Price Change

ARMLS #6861620

$765,000
09/18/2025

Price Change

ARMLS #6861620

$745,000
08/03/2025

Price Change

ARMLS #6861620

$755,000
05/05/2025

Listed (Active)

ARMLS #6861620

$775,000
07/07/2017

Sold

ARMLS #5585810

$345,000
06/26/2017

Sold (Public Record)

Public Record #600619384

$345,000

+13.3% / yr

06/08/2017

Pending

ARMLS #5585810

—
04/05/2017

Listed (Active)

ARMLS #5585810

$349,000
07/01/2009

Sold

ARMLS #4178162

$125,900
06/08/2009

Sold (Public Record)

Public Record #270800557

$125,900
06/08/2009

Sold (Public Record)

Public Record #770800557

$125,900

-25.9% / yr

06/02/2009

Pending

ARMLS #4178162

—
05/21/2009

Listed (Active)

ARMLS #4178162

$127,900
11/02/2005

Sold (Public Record)

Public Record #167493943

$370,000

+15.7% / yr

09/22/2005

Sold

ARMLS #2284830

$370,000
08/22/2005

Pending

ARMLS #2284830

—
03/23/2005

Listed (Active)

ARMLS #2284830

$389,900
11/03/2004

Sold (Public Record)

Public Record #145939494

$320,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1138 East 2nd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,551 ($129 / month)
Home Facts
Total Finished SqFt4,018 SqFtAbove Grade Finished SqFt4,018 SqFtStories2Lot Size6,897 SqFtStyleQuadraplexYear Built1973ZoningRM-4CountyMARICOPAAPN138-20-103

Schools near 1138 East 2nd Street

This home is within Mesa Unified School District.
Rating
School
Type
Grades
Distance
Franklin Accelerated Academy- Downtown Campus
Public - PK to 6
Franklin Elementary School
Public - PK to 6
Edison Elementary School
Public - PK to 6
Franklin at Brimhall Elementary School
Public - PK to 6
Rating
School
Distance
Franklin Accelerated Academy- Downtown Campus
PublicPK to 6

Franklin Elementary School
PublicPK to 6

Edison Elementary School
PublicPK to 6

Franklin at Brimhall Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1138 East 2nd Street, Mesa, AZ 85203

1138 East 2nd Street is a multi-family home for sale in Mesa, AZ 85203. This property was listed for sale on May 5, 2025 by Professional Real Estate Negotiators, it's currently listed at $765,000. It has been on the market for a total of 209 days and was last sold on July 7, 2017. This listing's school district is Mesa Unified School District. Nearby schools include Franklin Accelerated Academy- Downtown Campus, Franklin Elementary School and Edison Elementary School. 1138 East 2nd Street is a 0-bed, 0-bath, multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Professional Real Estate Negotiators

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.