5825 E UNIVERSITY Drive 105-108, Mesa, AZ 85205 (MLS# 6958810)

5825 E UNIVERSITY Drive 105-108, Mesa, AZ 85205

$850,000

Property Type: Multiple Dwellings Status: Active

Current Price: $850,000 Last Modified: 12/17/2025

Description

Welcome to this excellent investment opportunity, a charming multi-unit residential building, ideally situated in a sought-after location that combines convenience with comfort. This single-story block construction property features four well-appointed units, perfectly designed for modern living. Comprising of two 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units, offering diverse living options that cater to a variety of lifestyles. Each unit comes with their own private patio, one covered parking space and are individually metered for electricity, allowing residents to manage their utility expenses with ease. Your tenants will benefit from it's location which provides easy access to local amenities, shopping, dining, and transportation.

More Information MLS# 6958810

Contract Info

Ownership: Fee Simple Current Price: $850,000 List Price: $850,000 Status: Active List Date: 2025-12-17

Location, Tax & Legal

Unit #: 105-108 Building Number: 105-108 Assessor's Map #: 49 Legal Description (Abbrev): TH PT E2 NE4 SEC 23 DAF COM NW COR E2 NE4 SD SEC TH E 29.31F S 89.85F S 104.56F TO TPOB TH CONT S 10 Assessor's Parcel #: 6 Assessor Parcel Ltr: J Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 420214 Taxes: 985 Legal: TH PT E2 NE4 SEC 23 DAF COM NW COR E2 NE4 SD SEC TH E 29.31F S 89.85F S 104.56F TO TPOB TH CONT S 10 Marketing Name: 4-PLEX House Number: 5825 Compass: E Street Name: UNIVERSITY St Suffix: Drive City/Town Code: Mesa State/Province: AZ Zip Code: 85205 Zip4: 7440 County Code: Maricopa Assessor Number: 141-49-006-J Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 4 Lot Size Dimensions: 131 X 103 Total # of Units: 4 Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Mendoza Elementary School Jr. High School: Shepherd Junior High School High School: Red Mountain High School Year Built: 1983 Zoning: M-M

Legal Info

Range: 6E Section: 23 Township: 1N

Project Type

Four Plex: 1

Construction

Slump Block: 1

Const - Finish

Brick Veneer: 1 Stone: 1

Roofing

Composition: 1

Floors

Vinyl: 1 Ceramic Tile: 1 Carpet: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Elec Exp: 3000 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 3985 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 58140 Total Monthly Rental Income: 61200

Pmt & Rate Info

Equity: 850000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Supra: 1

Community Features

No Pool: 1

Heating

Electric: 1 Central: 1

Cooling

Central Air: 1 Electric: 1

Exterior Amenities

Landscape Water System: 1 Desert Landscaping: 1 Partially Fenced: 1 Cable TV Available: 1 Patio/Balcony: 1

Interior Features

Unfurnished: 1 Fire/Smoke Alarm(s): 1

Tenant Pays

Electricity: 1 Cable TV: 1

Appliances Included

Refrigerator: 1 Free-Standing Range: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Features

Carport: 1 1 Space/Unit: 1 Add'l Parking Avail: 1 Assigned: 1

Electric

SRP: 1 Individual Meter: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 1100 Avg SqFt: 625 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1375 Avg SqFt: 900 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: N 58th St and University Directions: East on University, South on 58th St, 2nd property on the left. Geo Lat: 33.422215 Geo Lon: -111.705839

Income Expenses

Gross Annual Sch Inc: 61200

Property Features

Project Type: Four Plex Construction: Slump Block Const - Finish: Brick Veneer; Stone Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator Heating: Central Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail; Assigned Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: Engel & Voelkers Scottsdale

Last Updated: December - 17 - 2025