Address
449 N Drew Street E, Mesa, AZ
Price
$ 399,000
Property Attributes
- MLS#7043483
- TypeMulti-Family
- Listing Status Active
- CountyMARICOPA
- CityMesa
- NeighborhoodBIGGS ADD AMD
- Zip85201
- StyleMultiple Dwellings
- Year Built1973
- Taxes$ 765
- Price$ 399,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
LIVE IN ONE. RENT THE OTHER. This updated Mesa duplex is the perfect setup for a first-time investor or house hacker. Enjoy your own private one-bedroom, one-bath home while the separate neighboring unit provides immediate rental income to help offset your mortgage. Two private units. One property. Built-in income potential from day one. A simple, smart way to stop just paying for a home and start building an investment.
| Price History | |
|---|---|
| 6/18/2026 | Listed $410,000 |
| 8/14/2026 | 3$399,000 |
General Features
| Sewer | Sewer-In & Connected,Public Sewer |
|---|---|
| Heating | Forced Air,Electric |
| Cooling | Ceiling Fan(s),Evaporative Cooling,Electric |
| Roof | Composition |
| Zoning | DUPLEX |
| Construction Materials | Painted,Brick |
| Year Built | 1973 |
| Electric | City Electric,Individual Meter |
| Township | 1N |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Gross Income | 29332.8 |
| OwnerPays | Trash Collection,Water,Sewer |
| Community Features | No Pool |
| County | Maricopa |
| Net Operating Income | 27992.0 |
| Operating Expense | 765.0 |
| New Construction | No |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| Subdivision Name | BIGGS ADD AMD |
| Garage Y/N | No |
| Status | Active |
| Directions | N on Drew St,right to Drew St E,property on your right. White Duplex. |
| City | Mesa |
| Disclosures | Seller Prop Disc Stm |
| High School District | Mesa Unified District |
| Open Parking Spaces | 4.0 |
| Number Of Units Total | 2 |
| Carport Y/N | No |
| Tax Annual Amount | 765.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Elementary School District | Mesa Unified District |
| Tax Lot | 5 |
| Cap Rate | 7.02 |
| MobileHomeRemainsYN | No |
| New Financing: Conventional | True |
| Ownership | Fee Simple |
| Senior Community | No |
| New Financing: FHA | True |
| New Financing: Cash | True |
| New Financing: VA | True |
Interior Features
| Flooring | Laminate,Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Total Bedrooms | 2 |
| Total Baths | 2 |
Exterior Features
| Parking Features | Attached Carport,Paved,Free,>1 Space Per Unit,Carport |
|---|---|
| Water Source | Master Meter,City Franchise |
| Total Parking | 6.0 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 84 X 82 |
| Road Surface Type | Asphalt |
| Covered Spaces | 2.0 |
| Crops Included Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 85201
Price
Taxes
Year Built
Visits
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