536 N HALL, Mesa, AZ 85203

$569,000
Property Type: Multiple Dwellings Status: Active
Current Price: $569,000 Last Modified: 4/01/2026

Overview

Description

Turn- Key Investment opportunity in the heart of Mesa! This well-maintained 3-Plex is Fully Occupied ! All 2 bedroom 1 Bath units are separate Meters. Unit A (largest unit) 14-year tenant at $1,200/mo, 2 covered parking spots in the rear of the property (side by side), has a private front yard, one large storage unit, with hook ups for their washer and dryer. Unit B -10-year tenant at $1,100/mo- 1 covered parking spot in the rear of the property, two storage units, One with hook ups for their washer and dryer. C- $1,295/mo, covered parking spot in the rear of the property, two storage units, One with hook ups for their washer and dryer. All tenant pay for their own Electricity, Gas, and Trash. Landlord pays for Water only (approx $150/, & a landscaper to come once a month. ($100 / mo).

Listing Details MLS# 6935831

Location, Tax & Legal

House Number
536
Compass
N
Street Name
HALL
St Suffix
--
City/Town Code
Mesa
State/Province
AZ
Zip Code
85203
Zip4
7490
County Code
Maricopa
Subdivision
KO KO PALMS 2 LOTS 34-76
Assessor Number
137-37-067-B
Tax Year
2024
Assessor's Map #
37
Legal Description (Abbrev)
KO KO PALMS 2 LOT 66 EX SELY 56' & ALSO LOT 67 EX N 74'
Assessor's Parcel #
67
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420800
Taxes
1295
Legal
KO KO PALMS 2 LOT 66 EX SELY 56' & ALSO LOT 67 EX N 74'
Marketing Name
Unk

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Unk
Year Built
1971
Total # of Units
3
# of Buildings
2
Zoning
M-H
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
Gilbert/University
Directions
W to Hall St , then N to property

Legal Info

Township
1N
Range
5E
Section
13
Lot Number
66

Income Expenses

Gross Annual Sch Inc
43140
Net Operating Income
37250

More Information

Showing Notification Methods

Showing Service
Aligned Showings

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1200
Avg SqFt
800
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
1198
Avg SqFt
900
# Baths
Yes

Project Type

Tri-Plex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
1595
Annual Landscape Exp
1200
Annual Wtr/Swr Exp
1800
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
5890
Other Income
0
Vacancy Allowance
0.03
Adjusted Gross Inc
41845.8
Total Monthly Rental Income
3595

Pmt & Rate Info

Cap Rate
6.55
Equity
569000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Exterior Amenities

Separate Storage
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes
1 Space/Unit
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Sewer
Yes

New Financing

Cash
Yes
Conventional
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Separate Storage Appliances Included: Free-Standing Range Heating: Central Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: On Street; 1 Space/Unit Road Surface Type: Asphalt Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Lockbox Type: Supra New Financing: Cash; Conventional Environmental: None
Listing Office: Limitless Real Estate
IDX
Last Updated: April - 01 - 2026
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