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Reed Park Multifamily Homes & Duplexes for Sale

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    $850,000

    240 S Doran, Mesa, AZ 85204

    Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained. Fully occupied. Built in 1981. 10,000 sqft lotThe current rents are $1,500/month/unit.

    hana huynh Better Homes & Gardens Real Estate SJ Fowler

    240 S Doran, Mesa, AZ 85204
  • /7

    $1,999,000

    1402 E Dana Ave, Mesa, AZ 85204

    Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the 2 houses have 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes

    Gladys Contreras HomeSmart

    1402 E Dana Ave, Mesa, AZ 85204

Why Live in Reed Park

Reed Park in Mesa is a culturally rich neighborhood known for its strong Hispanic community, with around 20% of residents speaking English as a first language. The area features a variety of dining options, including Mexican bakeries, Sonoran hotdog stands, and international grocery stores, though a car is often necessary for other amenities. The neighborhood is characterized by California ranch-style homes with low-pitch gable roofs and retro carports, alongside unique touches like Craftsman architecture and drought-tolerant landscaping. Reed Park itself serves as a community hub with a skatepark and a new playscape under construction. The nearby Mesa Aquatic Complex offers a respite from the summer heat. For education, students attend Mesa Unified public schools, with Poston Junior High and Mesa High School both receiving high ratings. Main Street provides convenient access to everyday necessities, and two metro stations connect residents to Downtown Mesa in under five minutes. The area is safer than the national average, and major roads like Gilbert Road and Stapley Drive offer quick access to US Route 60 and Banner Desert Medical Center, located just over 5 miles away.

Home Trends in Reed Park, AZ

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$510,000
Median Townhouse Sale Price
$452,500
Median 2 Bedroom Sale Price
$352,001
Average Price Per Sq Ft
$313
Number of Homes for Sale
11
Last 12 months Home Sales
92
Months of Supply
1.40
Median List Price
$495,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-4%
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