2223 W DORA Street, Mesa, AZ 85201
$870,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$870,000
Last Modified:
2/14/2026
Description
Beautifully remodeled fourplex!!! 100% large 2 Bedroom / 1 Bathroom units with (3 of 4) units recently modern renovations. All units feature in-suite Washer & Dryer and have ample parking with (2) spaces/unit plus street parking. This asset also features a light value-add component through renovation of the final unit. It is located in the path of progression between Downtown Mesa & Arizona State University. All units are individually metered for electricity.
More Information MLS# 6984791
Contract Info
Ownership: Fee Simple
Current Price: $870,000
List Price: $870,000
Status: Active
List Date: 2026-02-14
Location, Tax & Legal
Assessor's Map #: 45
Legal Description (Abbrev): LA MESITA MCR 32-44 LOTS 52 & 53 EX S 170F TH/OF & EX E 65F OF SD LOT 53
Assessor's Parcel #: 57
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 421303
Taxes: 1375
Legal: LA MESITA MCR 32-44 LOTS 52 & 53 EX S 170F TH/OF & EX E 65F OF SD LOT 53
Marketing Name: Dora Apartments
House Number: 2223
Compass: W
Street Name: DORA
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 6053
County Code: Maricopa
Subdivision: LA MESITA
Assessor Number: 135-45-057-B
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 73.10x93.85x73.04x93.86
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Year Built: 1986
Zoning: RM-4
Legal Info
Range: 5E
Section: 19
Township: 1N
Lot Number: 52
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1375
Other Income: 3200
Vacancy Allowance: 0.05
Adjusted Gross Inc: 65512
Pmt & Rate Info
Cap Rate: 6.22
Equity: 870000
Down Payment %: 25
Monthly Payments: 3912
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Individual: 1
Central: 1
Cooling
Electric: 1
Individual: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Fenced: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Built-In Electric Oven: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1370
Avg SqFt: 725
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.418202
Geo Lon: -111.879312
Income Expenses
Gross Annual Sch Inc: 65760
Net Operating Income: 54097
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Building(s) Only
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced
Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Heating: Individual; Central
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: Combo
New Financing: Cash; Conventional
Environmental: None
Listing Office:
ABI Multifamily
Last Updated: February - 14 - 2026
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