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Property Description

Sunrise on 6th | Duplex Investment Opportunity | Below Market Rents in a Prime Central Mesa Location

Grace Commercial Real Estate is proud to present Sunrise at 6th, a value-add duplex investment located in the heart of Mesa. This single-level, garden-style property features two spacious 2-bedroom, 1-bathroom units with private entrances and dedicated parking, making it an ideal asset for investors seeking long-term stability with rental upside. Investment Overview:
Unit 1 is currently leased at $1,230 per month and was fully renovated in 2019, including new countertops, cabinetry, bathroom upgrades, fresh paint, updated doors, and closet hardware. The AC unit was replaced in 2023, and the unit includes an in-unit washer/dryer.
Unit 2 is leased at $1,028 per month to long-term tenants who have occupied the property since acquisition in 2014. While it has not been remodeled, it offers significant upside through renovation. The AC unit was replaced in 2024, and this unit also includes a washer/dryer.
Current rents are below market, presenting a clear value-add opportunity for investors looking to improve interiors and increase cash flow.

Location Highlights:
Positioned just minutes from Downtown Mesa, this centrally located property provides easy access to major freeways including the Loop 202 and US-60, public transportation, shopping, and dining. Its proximity to growing employment corridors, educational institutions, and cultural venues supports strong and consistent rental demand.
With long-term tenancy in place, low operating costs, and clear potential to increase income, Sunrise at 6th offers a compelling opportunity to secure a well-located duplex with solid fundamentals and immediate value enhancement potential.

All facts and figures to be verified by buyer.

Overview

Property Status
For Sale
MLS ID
6894120
Property Type
Multi-Family
Year Built
1986

Features & Amenities

Neighborhood
Maricopa County
Water Source
City Franchise
Roof
Composition
Parking
1 Space Per Unit
Heat Type
Electric
Air Conditioning
Electric
Sewer
Public Sewer
Elementary School
Holmes Elementary School
High School
Mesa High School
School District
Mesa Unified District
Sales Price
$450,000
Real Estate Tax
$835/yr
Zoning
Multi

Downloads

421 E 6TH Drive

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421 E 6TH Drive

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  • CallSophia Willets

    License #BK3595388

    (480) 375-0227
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