5 Unit Multi-Family Portfolio Sale with 3 Unit Development Opportunity

718 W Pepper Pl, Mesa, AZ 85201

Property Information

  • For Sale $1,000,000
  • Property Type Multi-Family
  • Property Size 1,196 SF
  • Units 4
  • Year Built 1959
  • Date Updated May 29, 2026

Description

Now available — a unique multifamily investment portfolio featuring two Phoenix Metro properties with immediate cash flow and future development upside. The portfolio includes a fully occupied triplex in Central Phoenix and a two-unit multifamily property in Mesa, plus the opportunity to develop three additional units.

Highlights

  • 4711 N 15TH AVE, PHOENIX, AZ
  • 718 PEPPER PLACE, MESA, AZ
  • Fully occupied triplex featuring (2) 1 Bed / 1 Bath units and (1) 2 Bed / 1 Bath unit with preliminary City approval for two additional units.
  • Properties Included:
  • Two-unit multifamily property featuring (2) 1 Bed / 1 Bath units with permit set completed and ready for submission/payment for future development. An excellent opportunity for investors seeking stable income, redevelopment potential, and long-term growth in the expanding Phoenix Metro market.

Contacts

Location

Located at 718 W Pepper Pl, Mesa, AZ 85201, this property is part of the Mesa Grande neighborhood and Phoenix market.

Contact Listing Broker
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