31 W 2ND Street, Mesa, AZ 85201
$3,450,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,450,000 Last Modified: 1/08/2026
Description
Situated in the highly sought after Downtown Mesa, The Irving features spacious floor plans averaging 745sf with (8) 2-bed / 1-bath units and (12) 1-bed / 1-bath units. The apartments feature stainless steel appliances, updated flooring, new cabinetry, and in-unit washer and dryer. Residents are sure to enjoy a sparkling pool, central courtyard, covered parking, and pet-friendly policies.
The Irving is walking distance to the light-rail and provides easy access to Mesa's business district and cultural attractions like the Mesa Arts Center. Downtown Mesa has undergone significant revitalization, becoming a vibrant hub for arts, dining, and entertainment with a variety of restaurants, breweries, unique shops, public art installations, and cultural events.
More Information MLS# 6878712
Contract Info
Ownership: Fee Simple Current Price: $3,450,000 Sold Price: $3,450,000 Status: Closed List Date: 2025-06-11
Location, Tax & Legal
Assessor's Map #: 33 Legal Description (Abbrev): MESA CITY LOT 6 BLK 3 BEG ON N LN 171F W OF NE COR TH W ALG N LN 160.40F TO NW COR TH S 165F TO SW Assessor's Parcel #: 14 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Mesa Census Tract: 421400 Taxes: 5727 Legal: MESA CITY LOT 6 BLK 3 BEG ON N LN 171F W OF NE COR TH W ALG N LN 160.40F TO NW COR TH S 165F TO SW Marketing Name: The Irving House Number: 31 Compass: W Street Name: 2ND St Suffix: Street City/Town Code: Mesa State/Province: AZ Zip Code: 85201 Zip4: 6642 County Code: Maricopa Subdivision: MESA CITY ARIZONA Assessor Number: 138-33-014-A Tax Year: 2024
General Property Description
# of Buildings: 3 Uncvrd Parking Spcs: 5 Lot Size Dimensions: 160ft x 165ft Flood Zone: No Total # of Units: 20 Elementary School District: Mesa Unified District High School District: Mesa Unified District Year Built: 1960 Zoning: DR-2
Legal Info
Range: 5E Section: 22 Township: 1N Lot Number: 6
Project Type
13 - 24 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1 Stone: 1
Roofing
Composition: 1
Floors
Concrete: 1 Vinyl: 1 Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 5727 Other Income: 34100 Vacancy Allowance: 0.05 Adjusted Gross Inc: 323095
Pmt & Rate Info
Cap Rate: 5.36 Equity: 3850000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1
Lockbox Type
None: 1
Community Features
Pool: 1 Other: 1
Heating
Heat Pump: 1 Electric: 1 Individual: 1
Cooling
Central Air: 1 Electric: 1 Individual: 1
Exterior Amenities
Landscape Water System: 1 Green Landscaping: 1 Partially Fenced: 1 Patio/Balcony: 1 Separate Storage: 1 Security Light(s): 1 Other (See Remarks): 1
Interior Features
Other (See Remarks): 1
Tenant Pays
Electricity: 1 Cable TV: 1
Appliances Included
Built-In Electric Oven: 1 Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Built-In Range: 1 Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1 On Street: 1 1 Space/Unit: 1 Assigned: 1
Electric
APS: 1 Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1 Pool Maintenance: 1
New Financing
Conventional: 1
Reports/Disclosures
None: 1 Other (See Remarks): 1
Environmental
None: 1 Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 12 Avg Rent: 1195 Avg SqFt: 675 # Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 8 Avg Rent: 1395 Avg SqFt: 850 # Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.419041 Geo Lon: -111.832489
Status Change Info
Off Market Date: 2026-01-08 Under Contract Date: 2025-10-01 Close of Escrow Date: 2026-01-06 Sold Price: $3,450,000
Income Expenses
Gross Annual Sch Inc: 306000 Net Operating Income: 206541
Property Features
Project Type: 13 - 24 Units Construction: Block Const - Finish: Painted; Stone Roofing: Composition Floors: Concrete; Vinyl; Other Sale Includes: Land & Building Community Features: Pool; Other Exterior Amenities: Landscape Water System; Green Landscaping; Partially Fenced; Patio/Balcony; Separate Storage; Security Light(s); Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Heat Pump Cooling: Electric; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: Carport; On Street; 1 Space/Unit; Assigned Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Conventional Environmental: None; Other (See Remarks)
Listing Office: ABI Multifamily
Last Updated: January - 08 - 2026
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