536 N Hall --, Mesa, AZ 85203
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
536 N Hall --,Mesa, AZ 85203
$530,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: nathan cannon
Office: limitless real estate
MLS#:7050097
Source:ARMLS
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Price summary
- Price:$530,000
About this home
Turn-Key Investment opportunity in the heart of Mesa! This well-maintained 3-Plex sits in the established Ko Ko Palms neighborhood, built in 1971 and cash-flowing for decades, the kind of long-held, low-turnover asset that's hard to find on the market. Two of the three units carry long-term tenants who've called this property home for over a decade, and the third unit is now vacant, giving a new owner the rare chance to step in and set a fresh, market-rate lease from day one. All three units are 2 bedroom, 1 bath with separate meters for electricity, gas, and trash. Tenants cover their own utilities, keeping operating costs lean for ownership. Unit A (the largest of the three) is home to a 14-year tenant at $1,200/mo, with two covered parking spots side by side in the rear, a private front yard and a large storage unit with washer/dryer hookups.
Unit B has been home to a 10-year tenant at $1,100/mo, with one covered parking spot in the rear and two storage units, one with washer/dryer hookups.
Unit C is now vacant and move-in ready. Covered parking in the rear ,two storage units, one with washer/dryer hookups, positioned for a new owner to bring in a tenant at today's market rent and boost the property's overall return right out of the gate.
Ownership responsibilities are refreshingly simple: landlord covers water only (approx. $150/mo) and a monthly landscaper ($100/mo). Everything else is on the tenants.
With two proven, long-term income streams already in place and one unit primed for upside, this is a rare combination of stability and immediate value-add potential in a proven Mesa location. Don't miss it!...
Contact an agent
Home facts
- Year built:1971
- Subdivision & Development:KO KO PALMS 2 LOTS 34-76
- Listing ID #:7050097
- Updated:September 04, 2026 at 06:58 AM
Rooms and interior
- Flooring:Tile
Heating and cooling
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1971
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$530,000
- Tax amount:$1,301 (2025)
Parking
- Total parking spaces:4
- Parking description:1 Parking Space/Unit
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