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Jeff Dial

jd@jeffdial.com +1(480) 900-9180

$ 510,000

Est. payment | -/mo

Save

$ 510,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Dreamland Villa 11

MLS Listing ID 7058308

Year Built 1970

Annual Tax Amount $1,327

Tax Year 2025

Lot Dimensions Unknown

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Investor opportunity in the desirable 55+ community of Dreamland Villas! This fourplex offers four 1-bedroom, 1-bathroom units, each featuring a private covered back patio and an assigned covered carport parking space. Two units are currently tenant occupied, providing immediate rental income, while two vacant units offer the flexibility to renovate and lease at current market rates or place your own tenants. The property has been occupied by long-term tenants and presents an excellent value-add opportunity for investors looking to make cosmetic updates and increase rental potential. Located in a well-established community with an optional HOA that provides access to amenities including a pool, pickleball, shuffleboard, and a variety of social activities.

Location

State AZ

County Maricopa

Community Dreamland Villa 11

Area Maricopa

Zoning R-3

Direction 202 then head West on University, then North on Recker, and East on Covina. Property is 4th on the right.

Interior

Heating Electric

Cooling Central Air

Flooring Carpet

Appliance Free-Standing Range, Refrigerator, W/D Hookup

Exterior

Parking Features Attached Carport, 1 Space/Unit, Carport

Community Features Shuffle Brd/Lawn Bwl, Exercise Room, Pool

Roof Type Composition

Private Pool Yes

Building

Sewer Septic in & Cnctd, Septic Tank

Water City Franchise

New Construction No

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 141-63-057-A

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional

Listed by Berkshire Hathaway HomeServices Arizona Properties • Marcy Murphy

Nearby School & Business

+1(480) 900-9180

jd@jeffdial.com

17550 N Perimeter Dr # 100, Scottsdale, AZ, 85255, United States

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6035 E COVINA Road Mesa, AZ 85205