730 W PEPPER Place Mesa, AZ 85201
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6916236
Maintenance Fees $300
Year Built 1945
Annual Tax Amount $729
Tax Year 2024
Lot Dimensions 7405
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This charming triplex blends vintage character with excellent income-producing potential, offering three separate one-bedroom, one-bath units across a spacious lot framed by mature trees and traditional block construction.
With no HOA restrictions and plenty of room to enhance or expand, this property is the perfect canvas for investors eager to maximize returns.
Each unit features a comfortable layout with a living room, kitchen, and private bedroom and bathroom, making them ideal for steady rental income. Two of the units are currently tenant-occupied on a month-to-month basis, providing immediate cash flow, while the third unit is vacant and ready for repairs, giving new ownership flexibility to renovate and increase value right away.
Over the years, the property has benefited from improvements such as roof work and sewer line repairs, and it is fully serviced by city utilities for water, sewer, and gas.
Set on a 7,405-square-foot lot, the property offers privacy, ample parking, and space for future upgrades.
Its location adds even more appeal, with Downtown Mesa's vibrant mix of dining, shopping, and cultural venues just minutes away, as well as convenient light rail and freeway access. Nearby schools and parks further strengthen its long-term rental demand.
Whether you are a seasoned investor seeking to expand your portfolio or someone eager to restore a piece of Mesa history, 730 W Pepper Place provides the foundation for long-term value.
With multiple income streams already in place, strong neighborhood appeal, and untapped potential, this triplex is your chance to own a classic Mesa property with endless opportunity.
Unit #1 is rented for $250 per month, and the tenant takes care of maintenance. Unit #2 is vacant, but was previously rented for $750 per month. Unit #3 is rented for $725 per month. Both tenants are leasing month-to-month. Each of the 3 units has its own electric meter. There is 1 water meter for the whole property.
Location
State AZ
County Maricopa
Zoning RES
Direction North on Extension, right/east on Pepper PL to the property.
Interior
Heating Individual, Window/Wall Unit(s)
Cooling Window/Wall Unit, Individual
Flooring Carpet, Vinyl
Appliance Free-Standing Range, Refrigerator
Exterior
Parking Features >1 Space Per Unit
Community Features No Pool
Roof Type Foam
Private Pool No
Building
Sewer Public Sewer
Water Master Meter
New Construction No
Schools
Elementary Schools Emerson Elementary School
High Schools Westwood High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 135-57-078
Acceptable Financing Other (See Remarks)
Disclosures Seller Prop Disc Stm
Listing Terms Other (See Remarks)
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