Back 846 N Revere
Off Market

846 N Revere

Mesa AZ 85201

4
Multi-Family
Last sold for $820,000
Jacquelyn ShoffnerJacquelyn Shoffner, last sold this property on 15 November 2024 after 20 days on market.

Overview

Incredible Investment Opportunity in prime Mesa location! This fantastic 4-plex boasts one spacious 3-bedroom, 2-bath unit with an attached garage and three roomy 2-bedroom, 2-bath units, each featuring an in-unit washer/dryer. Ideal for long, short-term or mid-term rental options or an owner-occupant looking to build equity while generating income. The 2-bedroom units come with covered carport parking and extra storage, adding extra convenience for tenants. With all units currently occupied and room for rental increases, this property is primed for solid returns. Each unit is individually metered for electricity, and recent updates include a new AC unit, two new water heaters, and a fresh exterior paint job. Located near popular destinations like the Cubs stadium, Tempe Town Lake, (MORE schools, shopping, and entertainment, this property is a great investment opportunity. Note: Drive-by only - no interior showings until after contract acceptance. Please respect tenant privacy and do not disturb occupants.

Features

4 carspaces
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 846 N Revere is $480k.

Median value
$480k
Estimated value range
$240k - $4.5m
Median days on market
75
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 846 N Revere

2024
Sold
$820,000
15 Nov 2024 by Jacquelyn Shoffner, of Real Broker AZ, LLC
2019
Sold
$460,000
30 Apr 2019 by Heather Cates, of The Real Estate Firm
2019
Sold
$460,000
29 Apr 2019 by Heather Cates, of The Real Estate Firm

Happy sellers in Mesa

90%
90% 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 6 reviews in Mesa over the last 12 months.

Local market activity for multi families in Mesa

In the last 12 months, 10 multi families similar to 846 N Revere, have been sold.

This represents a 40% increase in multi families sales when compared to the previous 12 months.

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