120 S Lebaron -- Unit 1, Mesa, AZ 85210

$439,900
4
BD
16
BA

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List Price
$439,900
Days on Market
0
Status
ACTIVE
MLS#
7084014
City
Mesa
Bedrooms
4
Bathrooms
16
Subdivision
Mesa Arizona
Year Built
1955

Property Description

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.

Additional Information

Community Features
Other
Construction
Block
Cooling
None
Electric
SRP
Heating
Central, Window/Wall Unit(s), See Remarks
New Financing
FHA, Conventional, 1031 Exchange, Cash
Parking Features
Other
Roofing
Composition
Sewer
Public Sewer
Subdivision
Mesa Arizona
Taxes
$1,206
Tax Year
2025
Tenant Pays
Electricity
Units
2
Water
City Franchise
Zoning
r-3

Courtesy of Incyte Realty, LLC. 480-409-9900

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