1138 E 2ND Street, Mesa, AZ 85203, Mesa AZ 85203
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. Own
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Mesa
This property is grouped with the current five-or-more-bedroom homes in Mesa. Its asking price falls near the 45th percentile of that active group. The comparison uses 237 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $332,500, and the median is $240 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1137 E 2ND Place, Mesa, AZ 85203 | Sep 9, 2026 | 5 bd · 1,612 sqft | $420,000 | 0.0 mi |
| 144 N SPENCER, Mesa, AZ 85203 | May 19, 2026 | 2 bd · 934 sqft | $325,000 | 0.1 mi |
| 1315 E PEPPER Place, Mesa, AZ 85203 | Jun 24, 2026 | 4 bd · 2,012 sqft | $310,000 | 0.2 mi |
| 520 N STAPLEY Drive 249, Mesa, AZ 85203 | Sep 21, 2026 | 1 bd · 694 sqft | $142,000 | 0.3 mi |
| 6 N FRASER Drive E, Mesa, AZ 85203 | Jul 21, 2026 | 3 bd · 1,386 sqft | $495,000 | 0.4 mi |
| 35 S DORAN, Mesa, AZ 85204 | May 6, 2026 | 2 bd · 1,128 sqft | $340,000 | 0.4 mi |
| 1423 E 3rd Street, Mesa, AZ 85203 | Jun 18, 2026 | 3 bd · 3,071 sqft | $675,000 | 0.4 mi |
| 520 N Stapley Drive 257, Mesa, AZ 85203 | Jul 28, 2026 | 2 bd · 942 sqft | $197,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $720,000 · Pending
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