2020 N HUNT Circle, Mesa, AZ 85203
New Listing
$699,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$699,000
List Date:
1/29/2026
Last Modified:
1/31/2026
Description
Charming, well-maintained four-plex nestled in a desirable Mesa 85203 neighborhood. Each unit offers a comfortable 2-bedroom, 1-bath layout and the property is fully tenant occupied, providing immediate rental income. Pride of ownership shines throughout with consistent care and thoughtful maintenance. Located near local shops, dining, schools, and easy freeway access, this is a wonderful opportunity to own a solid multifamily asset in an established, high-demand area.
More Information MLS# 6974054
Contract Info
Ownership: Fee Simple
Current Price: $699,000
List Price: $699,000
Status: Active
List Date: 2026-01-24
Location, Tax & Legal
Assessor's Map #: 7
Legal Description (Abbrev): LOT 3 NORTH GATE GARDENS MCR
Assessor's Parcel #: 161
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420301
Taxes: 1750
Legal: LOT 3 NORTH GATE GARDENS MCR
Marketing Name: North Gate Gardens
House Number: 2020
Compass: N
Street Name: HUNT
St Suffix: Circle
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Zip4: 2063
County Code: Maricopa
Subdivision: NORTH GATE GARDENS
Assessor Number: 136-07-161
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 0.192
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Year Built: 1983
Zoning: M-H
Legal Info
Range: 5E
Section: 1
Township: 1N
Lot Number: 3
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Brick Veneer: 1
Roofing
Composition: 1
Floors
Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Gas Exp: 2814
Annual Ins Exp: 1924
Annual Maint Exp: 2687
Annual Wtr/Swr Exp: 3352
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 12527
Other Income: 1200
Vacancy Allowance: 0
Adjusted Gross Inc: 35200
Pmt & Rate Info
Cap Rate: 3.63
Equity: 699000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Forced Air: 1
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Cable TV Available: 1
Patio/Balcony: 1
Interior Features
Vertical Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Refrigerator: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
On Street: 1
1 Space/Unit: 1
Paved: 1
Add'l Parking Avail: 1
Electric
SRP: 1
Gas
City Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 800
Avg SqFt: 816
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: GILBERT RD. & MCKELLIPS
Geo Lat: 33.45216
Geo Lon: -111.79823
Income Expenses
Gross Annual Sch Inc: 34000
Net Operating Income: 25360
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco; Brick Veneer
Roofing: Composition
Floors: Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony
Interior Features: Vertical Blinds
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal
Heating: Forced Air; Natural Gas
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: City Gas
Parking Features: On Street; 1 Space/Unit; Add'l Parking Avail; Free; Paved
Road Surface Type: Concrete
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office:
The Brokery
Last Updated: January - 31 - 2026
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