434 W Ivyglen St. #105, Mesa, AZ 85201

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 each unit laundry hookups, and assigned parking with carports. The property has been well maintained with a new roof (2024), new exterior paint (2025), and multiple newer AC units and water heaters. Tenants are long term and the building has been professionally managed. Rents are below market, creating a clear value add opportunity for the next owner. Owner pays water/sewer/trash; tenants pay electric. Strong rental demand and a central location make this a compelling investment. Buyer to verify all facts and figures.**** ***1980s Mesa fourplexes trading in the $700K-$900K range depending on condition, rents, and improvements. With a new roof, new paint, and multiple new mechanicals, Ivyglen sits on the stronger end of the condition spectrum but with under market rents that create upside. Nearby renovated 2bed units in this submarket routinely achieve $1,500-$1,700+. This is an ideal asset for investors seeking predictable performance with upside potential.