Properties
Mesa, AZ 85203 1063 N July Circle
$575,000
17 more
Presented By: Realty ONE Group; 480-321-8100
Home Details
Prime Investment Opportunity! This fully remodeled duplex in North Mesa delivers an impressive 8% cap rate and multiple high-performing rental strategies. Situated on a quiet July Circle cul-de-sac, this property features two updated units designed for strong, consistent cash flow and minimal vacancy. Both units offer modern finishes, efficient layouts, and private backyard spaces--ideal for traditional long-term tenants, furnished mid-term rentals, traveling professionals, or even a pad-split configuration to maximize income. With ample parking and low-maintenance landscaping, this property is built for streamlined management and stable returns. A turnkey, high-yield asset--opportunities like this are rare! For an owner occupant ask us about the $5K grant available for this duplex!
Presented By: Realty ONE Group; 480-321-8100
Interior Features for 1063 N July Circle
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringLaminate
Heating Y/NYes
General for 1063 N July Circle
Additional Parcels Y/NNo
Attached Garage No
Cap Rate8.97
Carport Y/NNo
CityMesa
Community FeaturesNo Pool
Construction MaterialsBrick Veneer, Brick
CoolingCentral Air
CountyMaricopa
DirectionsFrom University and Mesa Drive, turn left (north) onto N Mesa Dr and continue driving, turn left (west) onto E Brown Rd. from there turn right (north) onto N July Circle.
DisclosuresNone
ElectricSRP
Elementary SchoolKerr Center for Agriscience
Elementary School DistrictMesa Unified District
Garage Y/NNo
Gross Income49020.0
HeatingCentral
High SchoolWestwood High School
High School DistrictMesa Unified District
Insurance Expense478.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolKino Junior High School
MobileHomeRemainsYNNo
Net Operating Income51600.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces0.0
Operating Expense1372.93
OwnerPaysNone
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofConcrete
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameEnchanted Village
Tax Annual Amount774.93
Tax Lot117
Tax Year2025
Year Built1972
Zoningresidential
Exterior for 1063 N July Circle
Covered Spaces4.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions6996
Number of Buildings1
Parking FeaturesCarport
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceIndividual Meter
Additional Details
Price History
Schools
High School
Westwood High School
Middle School
Kino Junior High School
Elementary School
Kerr Center for Agriscience Elementary School
