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Sold for $880,000 on 10/04/23
    • $880,000

    2728 N Salem, Mesa, AZ 85215

    8beds
    7baths
    --sqft
    Multi Family
    Built in 1985
    -- sqft lot
    $869,000 Zestimate®
    $--/sqft
    $1,970 Estimated rent

    Owner options

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    $1,970/mo

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    $1,970/mo

    Rent Zestimate®

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    $4,861/mo

    Est. payment

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    $4,861/mo

    Est. payment

    What's special

    TERRIFIC INVESTMENT OPPORTUNITY! This 4 Unit property with all 2 bedroom units is coming in at 6.2% CAP Rate. 3 long term leases in place. 1 unit run as an Air BnB bringing in substantial cashflow with a professional manager keeping it consistently rented. Do Not Bother Tenants. Available to see property once in escrow.

    Zillow last checked: 8 hours ago

    Listing updated: May 09, 2025 at 07:01pm

    Listed by:

    Susan McCall 480-452-6731,

    Commercial Property Connect,

    Amy Gibson 602-625-5647,

    Commercial Property Connect

    Bought with:

    Susan McCall, BR552939000

    Commercial Property Connect

    Amy Gibson, BR651378000

    Commercial Property Connect

    Source: ARMLS,MLS#: 6599277MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric, Heat Pump
    Appliances
    • Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
    • Laundry: W/D Hookup
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl, Wood

    Property

    Parking
    • Total spaces: 6
    • Parking features: >1 Space Per Unit, On Street
    • Uncovered spaces: 6
    Lot
    • Size: 7,860 sqft
    • Dimensions: 7860
    Details
    • Parcel number: 14180401
    • Zoning: Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco
    • Roof: Composition
    Condition
    • Year built: 1985

    Utilities & green energy

    • Electric: SRP, Individual Meter
    • Sewer: Public Sewer
    • Water: Master Meter, City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Mesa
    • Subdivision: LOMA VISTA

    Other

    Other facts
    • Listing terms: Conventional,1031 Exchange
    • Ownership: Fee Simple
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    Estimated market value
    $869,000

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