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Off Market

947 West 8th Place

Mesa AZ 85201

3
Multi-Family
Last sold for $480,000
Sophia WilletsSophia Willets, last sold this property on 30 September 2025 after 74 days on market.

Overview

947 W 8th Place $525,000 must be sold with 959 W 8th PL for $525,000 each total 1,050,000. | Mesa, AZ Referred to as Four at 8th Place , these two side-by-side duplexes sit on separate parcels in a sought-after corridor near Downtown Mesa. Each building has been fully remodeled with updated kitchens, appliances, flooring, and HVAC systems. Tenants enjoy private yards, in-unit laundry, and carport parking. With combined rents of $6,485/month and long-term tenancy in place, this low-maintenance asset delivers immediate yield with additional value through rent increases. The location provides strong rental demand with convenient access to Tempe and the Loop 202. Both properties 947-959 W 8th Placehave been thoughtfully remodeled and professionally maintained by the same ownership since 2016. Each unit is individually metered, includes in-unit washer and dryer, and has seen key improvements such as new appliances, updated bathroom fixtures, ceiling fans, fresh paint, and new HVAC systems. The current rental income across the four units totals $6,485 per month, with consistent tenancy and limited turnover, a testament to the quality of the units and location. Renovations were completed shortly after acquisition, and further enhancements have been made between tenancies, allowing investors to step into a turn-key portfolio with low immediate capital requirements. At 947 W 8th Place, Unit A is leased at $1,915 per month to a long-term tenant. The unit has undergone interior upgrades including updated appliances and a new AC system in 2021. Unit B rents for $1,350 and was similarly remodeled upon acquisition. At 959 W 8th Place, Unit A is leased at $1,570 and has only had two tenants since 2016, demonstrating exceptional stability. Unit B, currently rented at $1,650, includes recent upgrades and a brand-new AC system installed in 2024. This is an increasingly rare chance to own larger duplexes with separate APNs in a high-demand rental corridor, offering immediate cash flow and long-term appreciation in a market with limited comparable inventory. Whether you're a seasoned investor or building a portfolio, Four at 8th Place delivers on location, performance, and potential. All facts and figures to be verified by the buyer via the MLS.

Features

3 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 947 West 8th Place is $635k.

Median value
$635k
Estimated value range
$240k - $4.5m
Median days on market
75
Estimated value trend
49%
increase 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 947 West 8th Place

2025
Sold
$480,000
30 Sep 2025 by Sophia Willets, of Grace CRE

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 6 reviews in Mesa over the last 12 months.

Local market activity for multi families in Mesa

In the last 12 months, 8 multi families similar to 947 West 8th Place, have been sold.

This represents a 25% increase in multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mesa

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Bill Ianuzi

Bill Ianuzi is a recommended agent for Mesa.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (2 reviews)
  •  2 Reviews in Mesa
  •  1 Sale in Mesa
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Rubina Halley-Ibrahim

Rubina Halley-Ibrahim is a recommended agent for Mesa.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (12 reviews)
  •  1 Review in Mesa
  •  2 Sales in Mesa
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Katy White

Katy White is a recommended agent for Mesa.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Mesa
  •  1 Sale in Mesa
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Jeniffer Castro

Sellers who recommend Jeniffer Castro have praised them for being clear communication

  •   5   (23 reviews)
  •  1 Review in Mesa
  •  1 Sale in Mesa
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