156 N MAY, Mesa, AZ 85201

$710,000

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 3 Status: Active

Current Price: $710,000 Last Modified: 10/29/2026

Overview

Listing Details MLS# 7099925

Location, Tax & Legal

House Number: 156
Compass: N
Street Name: MAY
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 6069
Country: US
County Code: Maricopa
Subdivision: LA MESITA
Assessor Number: 135-45-057-A
Tax Year: 2025
Assessor's Map #: 45
Legal Description (Abbrev): LOT 53 LA MESITA MCR 003244
Assessor's Parcel #: 57
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 421303
Taxes: 1192
Legal: LOT 53 LA MESITA MCR 003244
Marketing Name: La Mesita

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 93.08 X 65
Year Built: 1986
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: Yes
Zoning: Residential
Flood Zone: No
Elementary School District: Mesa Unified District
High School District: Mesa Unified District

Remarks Misc

Cross Street: Donson Rd
Directions: Great triplex located in a path of progression between Downtown Mesa & Arizona State University. 100% Large 2 story apartment, 1,222 Sq. Ft. 2 bedrooms/1.5 bathroom/private yard. Two apartments/2 bedrooms/1 bathroom/725 Sq. Ft. each. Two apartments count with private yards. All units are individually metered for electricity.

Legal Info

Township: 1N
Range: 5E
Section: 19
Lot Number: 53

1 Bedroom Units

Avg Rent: 1350
Avg SqFt: 725
# Baths: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1350
Avg SqFt: 3
# Baths: Yes

Structure

Bedrooms Total: 6
Bathrooms Total: 3

Income Expenses

Gross Annual Sch Inc: 52800
Net Operating Income: 50400

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes
Phone Call: Yes

Project Type

Tri-Plex: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes
Other: Yes

Sale Includes

Other (See Remarks): Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1192
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 50160

Pmt & Rate Info

Cap Rate: 7.1
Equity: 710000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Other: Yes

Heating

Central: Yes

Cooling

Central Air: Yes

Exterior Amenities

Patio/Balcony: Yes
Other (See Remarks): Yes

Interior Features

Unfurnished: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Refrigerator: Yes
Free-Standing Range: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
Other: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Type

Fixed: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes
Other (See Remarks): Yes

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Vinyl; Other Sale Includes: Other (See Remarks) Community Features: Other Exterior Amenities: Patio/Balcony; Other (See Remarks) Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup Heating: Central Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; Other Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed New Financing: Cash; FHA; Conventional; 1031 Exchange Environmental: None; Other (See Remarks)

Listing Office: West USA Realty

Office Phone: 602-942-4200

Office Email: Duane@westusarealty.com

Last Updated: October - 29 - 2026