
Mesa, AZ 85210
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $439,900—positioned well below the $456,097 Fair Market Value by 3%. This valuation gap offers $16,197 in Instant Equity. With a Condition Rating of 4, the property features stable, immediate rental income from two units. The layout includes private backyards and in-unit laundry, driving strong tenant demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hacking opportunity in a well-connected Mesa location.
Property is moderate renovation needed.
Built in 1955, the property features some cosmetic updates such as newer laminate flooring and fresh paint. However, the bathroom vanity and fixtures are dated, and the use of window AC units suggests older mechanical systems. While functional and currently rented, the property is over 60 years old and requires modernization of core systems and wet areas to meet modern standards.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property functions as a turnkey duplex with both units currently occupied, generating a combined monthly rental income of $2,750, making it an ideal asset for investors or house-hackers.
Unlike many multi-family units, both residences feature private backyards and in-unit laundry facilities, significantly increasing tenant desirability and long-term retention.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1955, the property may require more frequent maintenance and capital improvements to aging systems compared to newer residential income assets.
While some high-rated schools are in the area, several of the closest assigned public schools have lower ratings, which may impact appeal for families with school-aged children.
Two on LeBaron is a charming and highly desirable duplex opportunity featuring two unique, spacious units, each offering its own private backyard and in-unit washer and dryer. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. Property Highlights Duplex | 2 separate residences Front Unit: Very large 3-bedroom / 1.5-bathroom $1,750 currently rented Rear Unit: Spacious open-concept studio with fireplace $1,000 currently rented Private backyard for each unit Washer & dryer in each unit Unique layouts with strong tenant appeal Excellent opportunity for an owner-occupant or investor Potential for strong rental demand and income diversification Separately usable outdoor spaces enhance privacy and livability Investment Opportunity Two on LeBaron offers investors the opportunity to own a well-positioned, income-producing duplex with two distinctly appealing residences. The combination of a large 3-bedroom home and a spacious studio creates a diversified rental profile, while the private yards and in-unit laundry provide amenities that are highly desirable to today's tenants. The property also presents an attractive house-hacking opportunity, allowing an owner to live in one unit while generating rental income from the other. With its combination of space, privacy, character, and functional amenities, Two on LeBaron is an excellent opportunity for investors seeking a smaller multifamily asset with multiple potential strategies for maximizing value and long-term returns.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 6.7 |
| Square foot | 1,778 | 2,029 |
| Lot Size | - | - |
| Price | $439.9K | $381.1K |
| Price per sq ft | $247 | $188 |
| Built year | 1955 | 1973 |
| HOA | $0 | $0 |
| Days on market | 31 | 35 |
Sep 23, 2026
$439,900
Initial Listing