$3,600,000
$250K PRICE DROP

31 W 2nd St Mesa, AZ 85201

Downtown Mesa Neighborhood

Estimated payment $19,488/month

Total Views 5,048
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Heated Community Pool
  • Central Air
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

Situated in the highly sought after Downtown Mesa, The Irving features spacious floor plans averaging 745sf with (8) 2-bed / 1-bath units and (12) 1-bed / 1-bath units. The apartments feature stainless steel appliances, updated flooring, new cabinetry, and in-unit washer and dryer. Residents are sure to enjoy a sparkling pool, central courtyard, covered parking, and pet-friendly policies.
The Irving is walking distance to the light-rail and provides easy access to Mesa's business district and cultural attractions like the Mesa Arts Center. Downtown Mesa has undergone significant revitalization, becoming a vibrant hub for arts, dining, and entertainment with a variety of restaurants, breweries, unique shops, public art installations, and cultural events.

Listing Agent

Carson Griesemer

ABI Multifamily License #SA686764000 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,727

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction

Flooring

  • Concrete
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 25 Parking Spaces
  • Carport
  • On-Street Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 138-33-014-A

Community Details

Overview

  • 3 Buildings
  • 20 Units
  • Building Dimensions are 160ft x 165ft
  • Mesa City Arizona Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $5,727
  • Gross Income $323,095
  • Net Operating Income $206,541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,727

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: DR-2
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA CITY ARIZONA
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl, Concrete
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: Painted, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Parking Features: Assigned, 1 Space/Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 25.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Electric, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 160ft x 165ft
  • Additional Parcels: No
  • Parcel #: 138-33-014-A

Multi Family

  • Owner Pays: Pool Maintenance, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 20
  • Annual Gross Income: 323095.0
  • Property Net Operating Income: 206541.0
  • Annual Operating Expense: 5727.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 5727.0
  • Tax Book Number: 138.00
  • Tax Lot: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $3,600,000 -6.5% --
06/11/2025 06/11/25 For Sale $3,850,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6878712

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85201 Downtown Mesa

31 W 2nd St, Mesa, AZ

This home is located at 31 W 2nd St, Mesa, AZ 85201 and is currently priced at $3,600,000. This property was built in 1960. 31 W 2nd St is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Carson Griesemer
Listing Agent
Carson Griesemer
Section Image
ABI Multifamily
(602) 714-1400