4804 E CABALLERO Circle, Mesa, AZ 85205, Mesa, 85205 - 0 bed, 0 bath
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Mesa, AZ 85205
Analysis of 4804 E CABALLERO Circle, Mesa, AZ 85205 is currently available with a list price of $585,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1983 (43 years old), the property falls into the 'Fair' category as it is over 20 years old and likely dated. While the exterior was recently painted in 2026 and the units are functional/occupied, the lack of mentioned interior renovations suggests that kitchens, baths, and major systems are aged and will require updates to meet modern standards.
Elementary School: Franklin at Brimhall Elementary School (9/10).
As a fully occupied triplex, this property offers investors immediate cash flow from day one, eliminating the vacancy risks typically associated with new acquisitions.
The rare combination of a large three-bedroom unit and two one-bedroom units appeals to a diverse tenant base, ensuring high demand and consistent occupancy in the Mesa market.
Built in 1983, the property may require upcoming capital expenditures for major systems such as HVAC, roofing, or plumbing that are nearing the end of their typical functional lifespan.
With only 2,280 total square feet divided among three units, the individual living spaces—especially the three-bedroom unit—may be smaller than modern standards, potentially limiting premium rent growth.
Great opportunity to buy a rare 3plex with all units fully occupied producing income immediately. Two one bedroom units and one 3 bedroom unit, both are rare and easy to rent because of it. Exterior was just painted 07/09/2026.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 2.2 mi
Grades K-6 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,280 | - |
| Lot Size | - | - |
| Price | $585.0K | $290.0K |
| Price per sq ft | $257 | $270 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 4209 |
Jul 18, 2026
$585,000
Initial Listing