PENDING
$50K PRICE DROP
730 W Pepper Place Mesa, AZ 85201
West Main NeighborhoodEstimated payment $1,377/month
Total Views
237,881
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Cooling System Mounted To A Wall/Window
- Carpet
- Individual Controls for Heating
- Franklin at Brimhall Elementary School Rated A
About This Home
Welcome to 730 W Pepper Place, a rare investment opportunity in one of Mesa's most established neighborhoods! This charming triplex blends vintage character with excellent income-producing potential, offering three separate one-bedroom, one-bath units across a spacious lot framed by mature trees and traditional block construction. With no HOA restrictions and plenty of room to enhance or expand, this property is the perfect canvas for investors eager to maximize returns. Each unit features a comfortable layout with a living room, kitchen, and private bedroom and bathroom, making them ideal for steady rental income. Over the years, the property has benefited from improvements such as roof work and sewer line repairs, and it is fully serviced by city utilities for water, sewer, and gas. Set on a 7,405-square-foot lot, the property offers privacy, ample parking, and space for future upgrades. Its location adds even more appeal, with Downtown Mesa's vibrant mix of dining, shopping, and cultural venues just minutes away, as well as convenient light rail and freeway access. Nearby schools and parks further strengthen its long-term rental demand. Whether you are a seasoned investor seeking to expand your portfolio or someone eager to restore a piece of Mesa history, 730 W Pepper Place provides the foundation for long-term value. With strong neighborhood appeal, and untapped potential, this triplex is your chance to own a classic Mesa property with endless opportunity. Unit #1 is vacant, was previously rented for $250 per month, and the tenant took care of maintenance. Unit #2 is vacant, was previously rented for $750 per month. Unit #3 is vacant, was previously rented for $725 per month. Each of the 3 units has its own electric meter. There is 1 water meter for the whole property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $729
Year Built
- Built in 1945
Home Design
- Wood Frame Construction
- Foam Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Over 1 Space Per Unit
Schools
- Emerson Elementary School
- Westwood High School
Utilities
- Cooling System Mounted To A Wall/Window
- Individual Controls for Heating
- Window Unit Heating System
- Master Water Meter
Listing and Financial Details
- Tax Lot Meets & Bounds
- Assessor Parcel Number 135-57-078
Community Details
Overview
- 3 Units
- Building Dimensions are 7405
Building Details
- Operating Expense $6,483
- Gross Income $20,700
- Net Operating Income $5,217
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $733 | $7,432 | -- | -- |
| 2024 | $735 | $7,078 | -- | -- |
| 2023 | $735 | $23,260 | $4,650 | $18,610 |
| 2022 | $720 | $18,060 | $3,610 | $14,450 |
| 2021 | $729 | $15,210 | $3,040 | $12,170 |
| 2020 | $720 | $13,350 | $2,670 | $10,680 |
| 2019 | $672 | $11,120 | $2,220 | $8,900 |
| 2018 | $645 | $10,010 | $2,000 | $8,010 |
| 2017 | $626 | $8,170 | $1,630 | $6,540 |
| 2016 | $614 | $7,450 | $1,490 | $5,960 |
| 2015 | $577 | $6,550 | $1,310 | $5,240 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | Pending | -- | -- | -- |
| 11/12/2025 11/12/25 | Price Changed | $250,000 | 0.0% | -- |
| 11/12/2025 11/12/25 | For Sale | $250,000 | -16.7% | -- |
| 10/20/2025 10/20/25 | Pending | -- | -- | -- |
| 09/06/2025 09/06/25 | For Sale | $300,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Cash Sale Deed | $38,500 | First American Title Ins Co | |
| Trustee Deed | $63,000 | First American Title | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust Of Pho | |
| Warranty Deed | $191,000 | Stewart Title & Trust Of Pho | |
| Interfamily Deed Transfer | $75,000 | First American Title | |
| Warranty Deed | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $152,800 | Negative Amortization | |
| Previous Owner | $67,400 | New Conventional | |
| Closed | $19,100 | No Value Available |
Source: Public Records
About the Listing Agent
With a background in marketing, I specialize in using targeted advertising to sell my clients’ homes quickly for the best terms and most amount of money possible.
What I Do Differently - My 14-Step Marketing Plan For Your Home:
1: Zillow Showcase Listing: Showcase listings receive over 65% more views, saves, and shares compared to standard listings. Buyers can also tap a button to virtually stage photos with different furniture styles.
2: Zillow Sky Tour: This feature puts
Josiah's Other Listings
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6916236
APN: 135-57-078
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.
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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