864 S Lewis --, Mesa, AZ 85210

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
864 S Lewis --,Mesa, AZ 85210
$520,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:erin m woodruff
Office:realty one group
MLS#:6826959
Source:ARMLS

Price summary

  • Price:$520,000

About this home

Now offering $2500 in buyer credits plus a $7500 grant from Chase bank! Both units are currently rented BUT the tenants are month-to-month so a buyer can live in one unit and rent the other unit! Rents are currently at $1750 and $1500 and both units are totally remodeled, newer flooring, appliances, cabinets, new paint and ready to go! The property comes with 2 parking spaces and the income potential is unlimited. Each unit features a spacious layout with modern finishes, making them highly desirable for tenants or an owner-occupant. The updated kitchens and bathrooms add to the home's appeal, and the low-maintenance yard enhances convenience. With no long-term lease commitments, this is a perfect opportunity for house hacking or maximizing rental income. Cap rate is 6.8%!!

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Home facts

  • Year built:1963
  • Listing Id #:6826959
  • Updated:July 25, 2025 at 02:46 PM

Heating and cooling

  • Cooling:Electric, Individual Cooling
  • Heating:Electric, Individual Heating

Structure and exterior

  • Year built:1963

Schools

  • High school:Mesa High School
  • Elementary school:Lincoln Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$520,000
  • Tax amount:$842 (2024)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.