8232 E UNIVERSITY Drive, Mesa, AZ 85207
Property image
Property image
FOR SALE

$1,499,900

  • 12 Beds
  • 8 Baths
  • 7,200 sqft

8232 E UNIVERSITY Drive, Mesa, AZ 85207

Est. Mortgage $8,474/mo*
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Home Highlights

Multi-Family
Built in 2025
$208/sqft
4 Car Garage

Local Information

  • Map ViewExplore the area around 8232 E UNIVERSITY Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!
Last check for updates: about 10 hours ago
Listing courtesy of Denver Lane, (480) 800-0863
Balboa Realty, LLC
Jarom K. Homer, (480) 225-6464
Balboa Realty, LLC
Source: ARMLS, MLS#6967134
Also Listed on ARMLS, ARMLS, ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 8232 E UNIVERSITY Drive

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 8
Dimensions and Layout
Living Area: 7200 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/DryerDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: Zoned,Heat PumpHas CoolingAir Conditioning: Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Zoned
Gas & Electric
Electric: SRPHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Ceramic Tile
Levels, Entrance, & Accessibility
Floors: Carpet, Ceramic Tile
Security
Security: Fire Sprinkler System

Exterior Features

Exterior Home Features
Roof: Composition MetalExterior: Sidewalk(s)
Parking & Garage
Number of Covered Spaces: 4Open Parking Spaces: 4No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 8Parking: Attached,Garage Door Opener,>1 Space Per Unit,1 Space/Unit,On Street
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 225Days on Market: 180+

Property Information

Year Built
Year Built: 2025
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Lap Siding, Board & Batten Siding, Wood Frame, Painted, StuccoNot a New Construction
Property Information
Condition: Under ConstructionParcel Number: 21809197

Price & Status

Price
List Price: $1,499,900Price Per Sqft: $208

Active Status

MLS Status: Active

Location

Direction & Address
City: MesaCommunity: PROJECT 4
School Information
Elementary School District: Mesa Unified DistrictHigh School District: Mesa Unified District

Agent Information

Listing Agent
Listing ID: 6967134

Building

Building Area
Building Area: 7200 Square Feet

Community

Community Features: Other

Lot Information

Lot Area: 6000 sqft

Offer

Listing Terms: Conventional, 1031 Exchange

Business

Business Information
Ownership: Other (See Remarks)

Rental Terms, Policies & Fees

Owner Pays: Other, None

Miscellaneous

Mls Number: 6967134

Additional Information

Other

Around this home

What Locals Say about Mesa

At least 3347 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 85 % Say there are sidewalks

  • 85 % Say car is needed

  • 78 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 69 % Say streets are well-lit

  • 65 % Say kids play outside

  • 63 % Say it's quiet

  • 63 % Say people would walk alone at night

  • 58 % Say it's walkable to grocery stores

  • 52 % Say it's walkable to restaurants

  • 46 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 31 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Lots of people walking their dogs all the time! "
    0
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  • Merilee Fuller
    "Yes. I see people walking dogs in this neighborhood."
    0
    Flag
  • Ggccfg9qp4
    "This is a very dog friendly neighborhood. There’s many accommodations like waste bags and open areas."
    0
    Flag
  • Marcus W
    "nice people that are respectful and polite and the best thing is everyone stays motivated to live for the better"
    0
    Flag
  • Evelyn Gutierrez
    "Quiet and peaceful neighborhood I have lived here for 5 years. I am looking to stay in this same area"
    0
    Flag
  • Laura Gallagher
    "Activities by HOA, bingo, sunset on patio, dive in movies, etc. Different clubs to participate and Food trucks. "
    1
    Flag
  • Stefan Rodriguez
    "Fast and easy direct to the highway , I also enjoy the new side roads being developed and freeing up traffic jams "
    0
    Flag
  • P7r7pthdct
    "Relatively quiet and family friendly. Resident walk, run and bike in the area. Near shopping areas and schools."
    0
    Flag
  • Ryan And Shelby Webb
    "It’s great! Lots of nice people friendly Great location Dobson ranch is awesome location, small town feel "
    0
    Flag
  • Kbpinkney60
    "Not like pick up your dogs poop. Like dog friendly! You see people with children and enjoying their pet life ."
    0
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  • Kjones146
    "Some parts of Mesa are great to raise family. While some parts are questionable. Such as the Broadway and Dobson are. Take note of where you’re moving to in Mesa and do research. "
    1
    Flag
  • Ixyyltia
    "Lived here 2-1/2 years. Friendly neighbors who pull together when needed and support privacy other times."
    0
    Flag
  • Kjones146
    "The train and bus stops are very close to me. For sure easy to get around. Commute is easy. I work from home so public transportation isn’t used much. "
    0
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  • Mac Watkins
    "Amazing neighborhood sought after area with new and exciting developments happening. Residential and commercial "
    0
    Flag
  • Mark Ortiz
    "Public transit and various grocery store options make the neighboorhood unique. There is options for getting around and running errands during the day. "
    0
    Flag
  • Linds9481
    "There are a lot of different paths and streets you can go down, most of which have very little traffic making it a good neighborhood to walk your dogs. "
    0
    Flag
  • Apaulinolmt
    "I feel safe Close to restaurants and bars Lots of parks nearby Schools in the area are good Close to gyms "
    0
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  • Kiyanabkennedy
    "There is no dog area to have the dogs use the bathroom and access to dog bags. Could use more shade although there is a lot of grass to run up and down with ur pup."
    0
    Flag
  • Madi Cotter
    "Plenty of parks and very nice folks, everybody takes care of everybody. It’s real nice, plus everybody usually has a ring door cam "
    0
    Flag
  • Alisha Crowther
    "There is a grassy field by the canal that I let my dog run round at! And the canal is right there which is nice"
    0
    Flag
  • Shani Wright
    "I live in the quiet part of a large apartment home and I would stay, but it’s got to small for us. Would love to stay in the area but homes to rent are hard to come by"
    0
    Flag
  • Roxanne Theaux
    "There are always events happening, many well maintained parks and downtown Mesa is walkable and filled with charming shops, restaurants and museums. "
    0
    Flag
  • Merilee Fuller
    "We all sit outside on Halloween and chat. Say hello while walking to get mail, etc. very safe space."
    0
    Flag
  • Kiyanabkennedy
    "My neighborhood is friendly and has more animal lovers around than you would imagine. I also have a short commute to the freeway to get to work or parts of Scottsdale and Phoenix quickly. Everything is in the long stretch of road that I live on that I would need from day to day. I love this area simply because it has gotten better and its not perfect but its getting better. All we can do is try and take it one day at a time and one small act of kindness a day to change the future of our community we live in. "
    0
    Flag
  • Dianne Szonn
    "Have lived here for 20+ years. Love being close to the Tonto National Forest yet close to suburban creature comforts."
    0
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  • Mindy Willert
    "This area has many 55+ Communities and all of them have events and activities. Very active Neighborhood Watch in the area to keep the area safe enjoyable. Annual Mesa G.A.I.N. Festival is a great representation of the fun, caring and friendly residents. "
    1
    Flag
  • Jo C.
    "Park started out nice, has gone downhill in less than a year. They no longer trim palm trees, & the water has been off since yesterday-no notice given, no way to reach anyone, office closed on weekends.Tried calling office number, it's out of order! Mgmt is rubbish, no way to contact anyone to address or improve anything. If you value your sanity, don't move here."
    0
    Flag
  • Gigi632014
    "Tons of community events and activities to bring families together. They are so great about planning and coordinating fun activities. "
    0
    Flag
  • Nicoleejacoby
    "Lots of activities in the neighborhood , clean and quiet streets, lots of food and shops near by. Golf course and driving range. Pool and hot tub. Great restaurant in the neighborhood. "
    0
    Flag
  • Kylee Thompson
    "farmer’s market, swap meet, locally grown food, free community events, access to freeways, healthcare "
    0
    Flag
  • Mia Ruiz
    "I’ve made life king friends and have lived in the area for most of my life. I believe I turned out good but it is also easy to fall into the wrong crowd as well as it is anywhere."
    4
    Flag
  • Isaiha Corley
    "My commute to and from home are both simple as i live 3-4 minutes from most of my daily activites and 10 minutes from work"
    1
    Flag
  • Oliver Bugueno
    "I have 3 little kids and I can say that it’s a great safe community with activities for all family for free. It’s difficult to have a better Location next to 202 and Us60 paying Mesa property taxes but using the Gilbert school system "
    5
    Flag
  • Trulia User
    "We just moved to the neighborhood, so far everyone we've come across has been welcoming and friendly. "
    2
    Flag
  • Trulia User
    "I love the desert landscape. It feels quiet and remote but you’re 5 minutes from grocery stores. I love to sit outside and drink my coffee in the morning looking at the hills covered with cactus. Today we had a roadrunner in the back yard, and often have rabbits and quail. Where can you see that?"
    0
    Flag
  • Trulia User
    "Ehh no sense of community here just cookie cutter houses, judgey people surrounded by the same chain stores and restaurants you see everywhere "
    1
    Flag
  • Trulia User
    "access to 60, 101, and 202 are quick and easy from this neighborhood. traffic here is what it is depending on time of day you hit the road. "
    0
    Flag
  • Trulia User
    "The neighborhood is definitely made for cars. Public transit is sparse. To catch a train, you first need a car. However, the roads are fairly maintained. "
    0
    Flag
  • Trulia User
    "Ballparks and Public Parks are always maintained,Free Buzz at my door. Window Shopping and Train at Main street is doable at my age😄"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for five years and there are hardly any rentals because this is an established mature area"
    0
    Flag

Market trends in Mesa

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$3.33KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$256
$1MoM
Available listings
1850
54MoM

Home Value

Trulia Estimate
$1.46M
Since last month
Decreased$2K (-0.1%)
Since last year
Decreased$8K (-0.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -1% in the last 10 years
MonthEstimated value
2026
August 2026$1.48M
August 2026$1.46M
July 2026$1.49M
June 2026$1.35M
May 2026$1.35M
April 2026$1.35M
March 2026$1.35M
February 2026$1.49M
January 2026$1.49M

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
214 N 88TH Place, Mesa, AZ
0.75
Multi-Family Home
$580,000
01/16/26
6
2
1,920
150 N 88TH Place, Mesa, AZ
0.77
Multi-Family Home
$580,000
01/16/26
6
2
1,920
6742 E DALLAS Street, Mesa, AZ
1.89
Multi-Family Home
$565,000
01/23/26
6
6
3,000
324 S 97TH Way, Mesa, AZ
2.07
Multi-Family Home
$575,000
07/21/26
6
4
1,920
435 S 96TH Street, Mesa, AZ
2.02
Multi-Family Home
$95,000
09/17/25
6
4
2,000
715 S 97TH Street, Mesa, AZ
2.29
Multi-Family Home
$120,000
09/24/25
6
4
2,000
6325 E AVALON Street #1-4, Mesa, AZ
2.43
Multi-Family Home
$680,000
12/26/25
8
4
3,460
401 S 97TH Way, Mesa, AZ
2.15
Multi-Family Home
$128,500
10/16/25
6
4
2,496
754 S 96th Place #1 & 2, Mesa, AZ
2.27
Multi-Family Home
$577,500
07/26/26
6
4
2,000

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
8310 E UNIVERSITY Drive, Mesa, AZ 85207
0.08
$334,900
3
2
1,330
Recently Sold
348 N 83RD Place, Mesa, AZ 85207
0.11
$345,000
4
2
1,600
Recently Sold
8155 E BALTIMORE Street, Mesa, AZ 85207
0.12
$322,700
3
2
1,300
Off Market
8149 E BALTIMORE Street, Mesa, AZ 85207
0.13
$306,600
3
2
1,568
Off Market
526 N 82ND Street, Mesa, AZ 85207
0.19
$433,600
3
2
1,324
Off Market
8213 E BUTTE Street, Mesa, AZ 85207
0.14
$270,900
3
2
1,153
Off Market
318 N 83RD Place #38, Mesa, AZ 85207
0.15
-
-
-
-
Off Market
329 N 83rd Place, Mesa, AZ 85207
0.16
$304,900
3
2
1,373
Off Market
464 N Hawes Rd, Mesa, AZ 85207
0.19
$549,800
3
2
1,364
Recently Sold
8138 E BUTTE Street, Mesa, AZ 85207
0.16
$125,000
3
1.5
1,100
Recently Sold
506 N HAWES Road, Mesa, AZ 85207
0.20
$575,000
3
2
1,436
Recently Sold

Price and Tax history

DateEventPrice
Jan 12, 2026
Source: ARMLS #6871664
Pending
$1,499,890
Jan 12, 2026
Source: ARMLS #6967134
PendingToActive
$1,499,900
Dec 23, 2025
Source: ARMLS #6960530
Pending
$1,499,900
Dec 23, 2025
Source: ARMLS #6960530
PendingToActive
$1,499,900
Dec 23, 2025
Source: ARMLS #6960522
Pending
$1,499,900

LGBTQ Local Legal Protections

Denver Lane, Balboa Realty, LLC
Agent Phone: (480) 800-0863

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Frequently asked questions about 8232 E UNIVERSITY Drive

  • What is the estimated monthly payment for 8232 E UNIVERSITY Drive?
    Based on a $1,499,900 list price with 20% down at today's rates, the estimated monthly payment for 8232 E UNIVERSITY Drive in Mesa, AZ is approximately $8,635 (about $8,048 principal & interest, $512 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 8232 E UNIVERSITY Drive compare to homes in Mesa?
    8232 E UNIVERSITY Drive in Mesa, AZ is listed at $1,499,900, about 251% above the $427K median sale price in Mesa.
  • What do residents say about Mesa?
    Residents describe Mesa, AZ as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Mesa, AZ.
  • What are the closest schools to 8232 E UNIVERSITY Drive?
    The closest schools to 8232 E UNIVERSITY Drive in Mesa, AZ are Fremont Junior High School (rated 5/10), Red Mountain High School (rated 7/10), Salk Elementary School (Pre-K, rated 2/10).
  • Does 8232 E UNIVERSITY Drive have air conditioning?
    Yes, 8232 E UNIVERSITY Drive in Mesa, AZ has air conditioning.
  • Does 8232 E UNIVERSITY Drive have laundry facilities?
    Yes, 8232 E UNIVERSITY Drive in Mesa, AZ has laundry facilities.
8232 E UNIVERSITY Drive, Mesa, AZ 85207 is a 12 bedroom, 8 bathroom, 7,200 sqft multi-family built in 2025. This property is currently available for sale and was listed by ARMLS on Jan 12, 2026. The MLS # for this home is MLS# 6967134.