AZ
Maricopa
Mesa
85201
816 N REVERE
816 N REVERE, Mesa, AZ 85201
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Listing Type
Multi Family
Listing Status
Active
27
$850,000

Home Details for 816 N REVERE

Price
$850,000
Type
Residential Income
Year built
1984
County
Maricopa
Listing #
7002414
Listing Courtesy: Lotus Real Estate - 602-773-1259
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.

Property Features
  • Parking
    • Attached Carport
    • On Street
  • Cooling Information
    • Central Air
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
School Information
School Information for 816 N REVERE, Mesa, AZ 85201
Elementary School
Emerson Elementary School
Middle School
Carson Junior High School
High School
Westwood High School
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Last Updated: 2026-03-24 00:40:40
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EXIT REALTY COANNAH
610 N. Alma School Rd #18, Chandler, AZ 85224
Megan Strom
License #: SA702324000
Sales Representative
Office
480 284 6283
Agent
253 861 6014
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