● Under Contract

$2,400,000

750 E 1ST Avenue, Mesa, AZ 85204

CHULA VISTA AMD · Maricopa County

Built 1978 No HOA
96 days on market

Description

750 E 1st Avenue presents a 16 unit multifamily investment opportunity in the heart of Mesa, Arizona. Offering stable in-place income with clear operational upside. Comprised of a desirable mix of studio and 1bed/1bath units, the property is well positioned to capitalize on continued rental demand in a strong workforce housing corridor. Located just minutes from Downtown Mesa, light rail access, major freeways, and expanding retail and employment hubs, the asset combines dependable cash flow with long term growth potential in one of the East Valley's most active submarkets.

Property details

Interior

Bathrooms

  • Total Bathrooms: 0

Appliances

  • Built-In Range
  • Refrigerator
  • Disposal
  • Microwave
  • Washer/Dryer
  • Built-In Electric Oven

Heating and Cooling

  • Cooling Features: Central Air, Electric, Varies by Unit, Ceiling Fan(s)
  • Heating Features: Electric, Varies by Unit
Exterior

Land Info

  • Lot Size Dimensions: IRR

Garage and Parking

  • Attached Garage: No
  • Parking Features: >1 Space Per Unit
Community

Neighborhood

  • Subdivision: CHULA VISTA AMD
Listing

Other Property Info

  • Annual Tax Amount: $298
  • Source Listing Status: Active Under Contract
  • County: Maricopa
  • Directions: Head West on Mesa's New Main Street to Horne, South on Horne and the property is on the North West corner of Horne and 1st AVE
  • Parcel Number: 138-28-079
  • Zoning: MF or FBC T4
  • Postal City: Mesa
  • Listing Date: 2/24/2026
  • MLS#: 6989123
Features

Building and Construction

  • Year Built: 1978
  • Property Age: 48
  • Construction Materials: Block, Painted, Stucco
  • Roof: Composition, Foam

Utilities

  • Water Source: City Franchise

Contact Us

Contact Us

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Listed by Jackson Everhart Orion Investment Real Estate

Listing updated: May 19, 2026

MLS#: 6989123

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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