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421 East 6th Drive

Mesa AZ 85204

4
Multi-Family
Currently for sale - view listing

Overview

Sunrise on 6th | Duplex Investment Opportunity | Below Market Rents in a Prime Central Mesa Location This single-level, garden-style property features two spacious 2-bedroom, 1-bathroom units with private entrances and dedicated parking, making it an ideal asset for investors seeking long-term stability with rental upside. Investment Overview: Unit 1 is currently leased at $1,230 per month and was fully renovated in 2019, including new countertops, cabinetry, bathroom upgrades, fresh paint, updated doors, and closet hardware. The AC unit was replaced in 2023, and the unit includes an in-unit washer/dryer. Unit 2 is leased at $1,028 per month to long-term tenants who have occupied the property since acquisition in 2014. While it has not been remodeled, it offers significant upside through renovation. The AC unit was replaced in 2024, and this unit also includes a washer/dryer. Current rents are below market, presenting a clear value-add opportunity for investors looking to improve interiors and increase cash flow. Location Highlights: Positioned just minutes from Downtown Mesa, this centrally located property provides easy access to major freeways including the Loop 202 and US-60, public transportation, shopping, and dining. Its proximity to growing employment corridors, educational institutions, and cultural venues supports strong and consistent rental demand. With long-term tenancy in place, low operating costs, and clear potential to increase income, Sunrise at 6th offers a compelling opportunity to secure a well-located duplex with solid fundamentals and immediate value enhancement potential. All facts and figures to be verified by buyer.

Features

4 carspaces
4 open car spaces
Multi-Family

Happy sellers in Mesa

87%
87% 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, 16 multi families similar to 421 East 6th Drive, have been sold.

This represents a 45% decrease in multi families sales when compared to the previous 12 months.

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