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$470,000
49 Days On Site

546 N DREW Street
Mesa, AZ 85201

For Sale|Multi Family|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1957
Built
Subdivision:
BOWEN TRACT
County:
Maricopa
Call Now: 480-405-1265
Is this the home for you? We can help make it yours.
480-405-1265
546 N DREW Street546 N DREW Street546 N DREW Street546 N DREW Street
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Monthly Payment (Est.)

$2,144
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New roof installed in Feb'25 with lifetime shingles and 5 year warranty. New AC & water heaters, all tile flooring. Fully occupied with long term tenants, cash flow positive, current CAP rate at 6.9%, future pro forma to be 7.5%. This duplex features 2 units, one is 1 bedroom, 1 bath. the other is 3 bedrooms, 2 baths. 3 bedrooms unit has a huge 1,200 sqft back yard with 2 sheds. This duplex is poised for continuous appreciation in a growing Mesa area, centrally located near 202, 101 and many nearby attractions. Long term tenants in place with potential to further raise rents to market rents. See P&L details in documents section. Do not disturb tenants, showing by appointments only. The selling agent is a partial owner of the property

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Listing Snapshot
Price 
$470,000
Days On Site 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1957
MLS® Number 
6837131
Status 
Pending
Property Tax 
$745
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoStatus changed to Pending
a month agoPrice changed to $470,000
2 months agoListing first seen on site
General Features
Disclosures 
None
Parking 
Paved
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-2
Interior Features
Appliances 
DishwasherFree-Standing Electric Oven
Cooling 
Central AirCeiling Fan(s)ENERGY STAR Qualified EquipmentElectric
Flooring 
Ceramic TileVinyl
Heating 
ENERGY STAR Qualified EquipmentCentralElectric
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Exterior Features
Construction Details 
Stucco
Roof 
OtherSee Remarks
Community Features
Financing Terms Available 
1031 Exchange
Roads 
Concrete
School District 
Mesa Unified District
Township 
1N
Schools
School District
Mesa Unified District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Fathom Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-05-06 08:39 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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