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816 N Revere

Mesa, AZ 85201
  • $850,000
  • STATUS: Active
  • ID#: 7002414
UPDATED: 22 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Fully lease, stabilized and profesionally manged fourplex at 816 N Revere delivering immediate cash flow with strong, in place income. Current gross rents of $5,500 are supported by long term tenants and sustainable market rents, making this a turnkey investment with both stability and upside potential. The property offers a highly desirable unit mix featuring one 3 bedroom 2 bathroom unit with a 1 car garage and three 2 bedroom 2 bathroom units. All units include in unit washer and dryer and offer spacious, functional floor plans that enhance tenant retention and overall rental appeal. Recent upgrades have already been completed, including new LVP flooring, updated kitchens with quartz countertops, along with exterior improvements such as fresh paint and enhanced landscaping. This provide a clean, modern asset with minimal immediate capital expenditures. Centrally located in the heart of Mesa with quick access to Loop 202 and Loop 101, and just minutes from Tempe and Mesa Riverview, the property benefits from strong rental demand and excellent accessibility. Turnkey, fully leased, and built for performance, this is a rare opportunity to acquire a well maintained fourplex with proven income, quality tenants, and long term investment strength.

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-18T15:13:19.037.
www.arizonahomesearch.com/homes/174343327
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816 N Revere Mesa, AZ 85201

  • Price: $850,000
  • Status: Active
  • On Site: Days
  • Updated: 22 min ago
  • ID#: 7002414
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
Heritage Estates Unit 2
County:
Maricopa
Area:
Mesa
Elementary School:
Emerson Elementary School
Middle School:
Carson Junior High School
High School:
Westwood High School
Property Description
Fully lease, stabilized and profesionally manged fourplex at 816 N Revere delivering immediate cash flow with strong, in place income. Current gross rents of $5,500 are supported by long term tenants and sustainable market rents, making this a turnkey investment with both stability and upside potential. The property offers a highly desirable unit mix featuring one 3 bedroom 2 bathroom unit with a 1 car garage and three 2 bedroom 2 bathroom units. All units include in unit washer and dryer and offer spacious, functional floor plans that enhance tenant retention and overall rental appeal. Recent upgrades have already been completed, including new LVP flooring, updated kitchens with quartz countertops, along with exterior improvements such as fresh paint and enhanced landscaping. This provide a clean, modern asset with minimal immediate capital expenditures. Centrally located in the heart of Mesa with quick access to Loop 202 and Loop 101, and just minutes from Tempe and Mesa Riverview, the property benefits from strong rental demand and excellent accessibility. Turnkey, fully leased, and built for performance, this is a rare opportunity to acquire a well maintained fourplex with proven income, quality tenants, and long term investment strength.
Exterior Features

Attached Garage YN No Construction Materials OtherStucco Covered Spaces 5 Exterior Features [] Open Parking Spaces 2 Parking Features Attached GarageAttached Carport1 Space/UnitOn Street Road Surface Type Asphalt Roof OtherTile

Interior Features

Appliances Included Washer Dryer Yes Cooling Central AirIndividual Cooling YN Yes FSOven Range Yes Heating IndividualHeat Pump Heating YN Yes Interior Features [] WDHookup Yes

Property Features

Community Features Other Disclosures Seller Prop Disc Stm Flood Zone No Flooring TileLaminateVinyl Gross Income 66000 Listing Terms Conventional1031 ExchangeVA Loan Owner Pays OtherTrash CollectionWaterSewer Ownership Fee Simple Project Type Quadraplex Yes Property Condition [] Security Features [] Sewer Public Sewer Tax Annual Amount 2463 Tax Year 2025 Water Source Master MeterCity Franchise Zoning M-H

Arizona Regional MLS logo Listing provided by Lotus Real Estate: .


Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-18T15:13:19.037.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718