Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
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MLS# 7002414 – 816 N Revere –, Mesa, AZ 85201

$799,900 - Br/Ba - for Sale in Heritage Estates Unit 2, Mesa
Price: $799,900
Units: 4
Property Type: Multiple Dwellings
Status: Active Under Contract
Year Built: 1984
Neighborhood: Heritage Estates Unit 2
Days on Website: 73

Courtesy of Lotus Real Estate

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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Free-Standing Range”
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • “W/D Hookup”
  • Building
  • Built in 1984
  • Construction materials: “Other”, “Stucco”
  • 4 total units
  • Cooling
  • “Central Air”
  • “Individual”
  • Expenses
  • Electric: $1,200
  • Water sewer: $4,800
  • Floors
  • “Tile”
  • “Laminate”
  • “Vinyl”
  • Heating
  • “Individual”
  • “Heat Pump”
  • Listing
  • Listing ID: 7002414
  • Standard status: Active Under Contract
  • 73 days on market
  • Location
  • Subdivision name: HERITAGE ESTATES UNIT 2
  • Parking
  • “Attached Garage”
  • “Attached Carport”
  • “1 Space/Unit”
  • “On Street”
  • 7 total parkings
  • Property
  • Zoning: M-H
  • Roof
  • “Tile”
  • Schools
  • Elementary school: Emerson Elementary School
  • High school: Westwood High School
  • High school district: Mesa Unified District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,463
  • Lot: 18
  • Utilities
  • “SRP”
  • “Individual Meter”

Property Map

$799,900 – 816 N Revere –, Mesa, AZ 85201

Street View

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This content last updated on June 3, 2026 5:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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