AZ > Mesa > Millets Green Acres
Mesa, AZ 85204,501 E 8th Avenue
Mesa, AZ 85204,501 E 8th Avenue
Mesa, AZ 85204,501 E 8th Avenue
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$550,000
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501 E 8th Avenue Mesa, AZ 85204

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Stephen Villabona

Stephen Villabona

+1(480) 242-3003

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Millets Green Acres

MLS Listing ID 6926782

Year Built 1981

Annual Tax Amount $1,001

Tax Year 2024

Lot Dimensions 68.02x128.57x68.02x128.57

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Exceptional investment opportunity! Three on 8th is an updated triplex in the heart of Mesa, offering convenient access to the freeway, light rail, Mesa Community College, a plethora of parks and the city's vibrant downtown district. The property features three renovated two-bedroom units, each with off-street parking, private backyards, shared laundry and an additional shared side yard. Improvements include a roof and HVAC systems. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.

Location

State AZ

County Maricopa

Community Millets Green Acres

Area Maricopa

Zoning MH

Direction (North) on Mesa Drive, (East) on 8th Ave to property on the (Right).

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Free-Standing Range

Exterior

Parking Features Paved, Free, >1 Space Per Unit

Community Features Other

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Holmes Elementary School

Middle Schools Franklin Junior High School

High Schools Mesa High School

School District Mesa Unified District

Others

Senior Community No

Tax ID 139-30-011-C

Acceptable Financing Conventional, FHA, VA Loan

Disclosures None

Listing Terms Conventional, FHA, VA Loan

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Russ Lyon Sotheby's International Realty

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Stephen Villabona

Stephen Villabona

Broker | License ID: BR642815000

+1(480) 242-3003

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