$1,300,000
Mesa, AZ 85201
MLS# 6990569
1 / 61
Property Description
This is NOT a typical Downtown Mesa property. Set on nearly an acre in the Historic District, 124 W 1st Street is a rare multi-home compound that blends historic character, flexible use, and creative potential in a way that is nearly impossible to replicate. Originally built in 1912, the property features three detached residential homes totaling 2,805 square feet with 4 bedrooms, 3 bathrooms, and a loft, creating a unique live/work or multi-use environment unlike anything else currently on the market. With DB-1 and DR-2 zoning, Opportunity Zone designation, and an expansive 38,134 sq ft lot, the property offers flexibility for buyers with vision while preserving the authenticity and charm that define Downtown Mesa. Properties with this combination of location, flexibility, and
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,300,000
List Price: $1,300,000
Status: Active
List Date: 2026-02-27
Location, Tax & Legal
Assessor's Map #: 34
Legal Description (Abbrev): W 50F OF N 15F OF S 180F OF LT 2 BLK 4 OF MESA CITY DESC AS PRCL 1 P/F 11-1029575 TOG WI TH PT OF LT
Assessor's Parcel #: 7
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 421400
Taxes: 3800
Legal: W 50F OF N 15F OF S 180F OF LT 2 BLK 4 OF MESA CITY DESC AS PRCL 1 P/F 11-1029575 TOG WI TH PT OF LT
Marketing Name: Multi-Home Compound
House Number: 124
Compass: W
Street Name: 1ST
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 6603
County Code: Maricopa
Subdivision: MESA CITY ARIZONA
Assessor Number: 138-34-007-A
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 2805
# of Buildings: 3
Uncvrd Parking Spcs: 6
Flood Zone: No
Year Built: 1912
Zoning: DB-1, DB-2
Currently Not Used
Sold Price Per SqFt: 463.46
Legal Info
Range: 5E
Section: 22
Township: 1N
Lot Number: 2
Construction
Block: 1
Brick: 1
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Wood: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Other: 1
Pmt & Rate Info
Equity: 1300000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Other: 1
Ceiling Height
8 Feet or Less: 1
Heating
Electric: 1
Natural Gas: 1
2 or More Units: 1
Cooling
Central Air: 1
Ceiling Fan(s): 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Loading Facilities
None: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Road Access Type
City Street: 1
Exterior
Landscaping: 1
Sidewalk(s): 1
Source of Fincl Data
Unknown: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
Unknown: 1
Fencing
Other: 1
See Remarks: 1
Water Source
City Franchise: 1
Shared Well: 1
Freeway/Highway
2.1 - 5 Miles: 1
Building Features
Patio/Deck: 1
Accessible Entrance: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Other: 1
Electric
City Electric: 1
Gas
City Gas: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: Country Club and 1st Street
Directions: East on First Street from Country Club to home on North Side of the Road.
Geo Lat: 33.417795
Geo Lon: -111.835106
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Other
Construction: Block; Stucco; Brick
Roofing: Composition
Floors: Laminate; Wood
Ceiling Height: 8 Feet or Less
Heating: Natural Gas; 2 or More Units
Cooling: Central Air; Ceiling Fan(s)
Loading Facilities: None
Interior Features: Finished; Smoke Detector(s)
Exterior: Landscaping; Sidewalk(s)
Fencing: Other; See Remarks
Building Features: Patio/Deck; Accessible Entrance
Appliances Included: Dishwasher; Disposal; Microwave; Refrigerator
Parking Features: Other
Road Access Type: City Street
Road Responsibility: City Maintained Road
Electric: City Electric
Gas: City Gas
Water Source: City Franchise; Shared Well
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Other (See Remarks)
Lockbox Type: Other
Source of Fincl Data: Unknown
Existing 1st Loan: Treat as Free&Clear
Traffic Count: Unknown
Environmental: None
Supplements
character rarely come to market, and when they do, they tend to attract buyers who recognize the opportunity quickly. Rather than fitting into a single category, this is a space for vision, creativity, and possibility, set in one of Downtown Mesa's most dynamic locations. For buyers looking for something that stands apart from the ordinary, 124 W 1st Street offers a rare chance to shape something truly their own. The 3 separate buildings are configured as follows: 1 Bedroom / 1 Bath 575 sf, 2 Bedroom / 1 Bath 927 sf, 1 Bedroom / 1 Bath / with Loft 1303 sf. | Property has a well with 1 -3000 gallon storage tank. The Property also has a split form code overlay, the first approximately 175-180' of frontage is zoned T4-NF(T4 Neighborhood Flex) Building code form and the remaining portion has a T3-NF(T3 Neighborhood Flex) Building code form.
Listing Office: Keller Williams Integrity First
Last Updated: February - 27 - 2026
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