Stewart Ray

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Listing provided courtesy of eXp Realty- MLS# 6986665MLS Provider

1129 N WEDGEWOOD CircleMesa, AZ 85203

Multi-Family
$540,000 UCB (Under Contract-Backups)

1129 N WEDGEWOOD Circle Overview

Time on Site:
130 days
Visits:
0

**SELLER FINANCING OPTION. ** Fantastic investment opportunity in Mesa! This well-maintained duplex sits on a desirable cul-de-sac lot, with the front unit A is currently occupied, offering immediate rental income. Each unit features a spacious 2-bedroom, 2-bathroom layout with detached interior laundry. Unit B, located at the rear, includes an expansive enclosed patio and additional paved parking with convenient alley access. Both units offer covered carport parking and includes a full roof replacement in 2018 and interior updates completed in 2020. With strong rental history and functional layouts, this property presents an excellent opportunity for investors or owner-occupants looking to offset their mortgage with income.

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1129 N WEDGEWOOD Circle Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Mesa Unified District
  • Elementary School: Kerr Center for Agriscience
  • Middle Or Junior School: Kino Junior High School
  • High School: Westwood High School

Income/Expenses

  • Gross Income: 51600.0
  • Gross Scheduled Income: 51600.0
  • Insurance Expense: 1299.0
  • Net Operating Income: 47300.0
  • Operating Expense: 2304.0

Building Information

  • Year Built: 1970

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Mesa
  • Subdivision Name: ENCHANTED VILLAGE
  • Township: 1N

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $1,005.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: Owner May Carry,Conventional,1031 Exchange,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 137-32-270
  • Property Type: Multiple Dwellings
  • Zoning: M-H MULTI-FAM

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP
  • Flooring: Tile,Ceramic Tile

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Attached Carport,\u003e1 Space Per Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 7327
  • Number Of Buildings: 1
  • Road Surface Type: Concrete
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Wood Frame,Painted
  • Roof: Composition

General Information

  • Covered Spaces: 2.0
  • Number Of Units Total: 2
  • Sewer: Public Sewer

1129 N WEDGEWOOD Circle Neighborhood

Community

85203 (MESA) Demographics

32
Median Age
4,161
Population Density (per sq. mile)
34%
College Educated
$60,412
Estimated Median Income
7,192
Estimated Total Home Owners
5,931
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1129 N WEDGEWOOD Circle Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1129 N WEDGEWOOD Circle Market Data

Based on the last 30 days in this zip code

$523,056
Average List Price
$266
Average Price per Square Foot
22
Properties Sold
65
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

1129 N WEDGEWOOD Circle History

Date Event Value Agent
6/10/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
UCB (Under Contract-Backups)
5/24/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$540,000 -2.7%
4/8/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$555,000 -3.5%
2/19/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
February 19, 2026