Back 1856 N Spring
Off Market

1856 N Spring

Mesa AZ 85203

7
Multi-Family
Last sold for $755,000
Benjamin ArredondoBenjamin Arredondo, last sold this property on 22 August 2025 after 423 days on market.

Overview

An extraordinary investment opportunity in this desirable North Mesa community! All 4 turnkey units are 2 bedroom, 1 bathroom that boast 867 sq ft with private washer & dryer hookup. All units are individually metered electric. A savvy investor can convert the large 139 sq ft (11.6ft x 12ft) patio and large 76 sq ft (11.6 ft x 6.6ft) laundry room into a 3rd bedroom and 2 bathroom. Large open side yard can be enclosed into private yards for tenants. The City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,720 for 2 bedroom units, and $2,318 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $82,560 to $111,264 yearly gross income.

Features

7 carspaces
7 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Mesa over the last 12 months, the estimated median property value of 1856 N Spring is $665k.

Median value
$665k
Estimated value range
$345k - $835k
Median days on market
45
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mesa. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1856 N Spring

2025
Sold
$755,000
22 Aug 2025 by Benjamin Arredondo, of My Home Group Real Estate
2021
Sold
$610,000
07 Sep 2021 by Estelle R Bertola, of Arizona Homes Plus
2018
Sold
$344,900
03 Aug 2018 by Steven J. Fowler, of S. J. Fowler Real Estate, Inc.

Happy sellers in Mesa

100%
100% of sellers in Mesa reported that their sale price either exceeded or met their price expectations.

Mesa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Mesa over the last 12 months.

Local market activity for multi families in Mesa

In the last 12 months, 11 multi families similar to 1856 N Spring, have been sold.

This represents a 20% decrease in multi families sales when compared to the previous 12 months.

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