SoldSep 30, 2025

Listed by Sophia Willets from Grace CRE

Listed and Bought with Garrett Pedicini

Source: Arizona Regional Multiple Listing Service #6894114

959 West 8th Place, Mesa, AZ, 85201

$480,000

3

MultiFam

30+ days on the market

Sold: Sep 30, 2025

What's around 959 West 8th Place

About this property

959 W 8th Place $525,000 must be sold with 947 W 8th PL for $525,000 each total 1,050,000.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. A rare opportunity to acquire two side-by-side duplexes on separate parcels in one of Mesa's most rapidly growing submarkets.Unit mix per side is a 3 bedroom 2 bath in each and a 2 bedroom 2 bath per building. Located just minutes from Downtown Mesa, Tempe, Mesa Riverview, and the Loop 202 Freeway, this offering delivers a stable, income-generating asset with long-term upside potential in a highly location. 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

Looking for more information on 959 West 8th Place?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldFeb 27, 2026
$635,000
719 North Cherry
Mesa AZ 85201
4
Multi-Family
Listing courtesy of ABI Multifamily and HomeSmart
SoldJan 16, 2026
$240,000
730 West Pepper Place
Mesa AZ 85201
5
Multi-Family
Listing courtesy of West USA Realty and My Home Group Real Estate
SoldJan 9, 2026
$460,000
238 North Standage
Mesa AZ 85201
4
Multi-Family
Listing courtesy of Better Homes & Gardens Real Estate SJ Fowler and Michael G Lizanich

Other properties sold by Grace CRE

SoldJan 16, 2026
$450,000
15055 West Catalina Drive
Goodyear AZ 85395
2
2
2
Single-Family
Listing courtesy of RealtyONEGroup Mountain Desert and Grace CRE
SoldJan 9, 2026
$435,000
1815 East Pueblo Avenue
Phoenix AZ 85040
8
Multi-Family
Listing courtesy of Grace CRE and EMG Real Estate
SoldJan 2, 2026
$470,000
1741 East Sierra Madre Avenue
Gilbert AZ 85296
3
2
2
Single-Family
Listing courtesy of Grace CRE and HomeSmart

Browse properties sold in nearby areas

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent