10458 E EL MORO Avenue, Mesa, AZ 85208, Mesa, 85208 - 4 bed, 2 bath
Loading property details...
Mesa, AZ 85208
This Value-Add Residential Property is a High-Potential Investment Opportunity, listed at $499,990 which aligns with its $499,990 Fair Market Value. As the lowest-priced 4-bedroom home with a 3-car garage in Mesa, it offers substantial forced appreciation potential through renovation. The Aged Condition Rating necessitates cosmetic or structural updates, but the 10-foot RV gate, vaulted ceilings, and 9/10 rated Franklin Elementary School provide excellent fundamentals. This asset is ideal for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10458 E EL MORO Avenue Subject | $499,990* List Price | 4 | 2 | 2,402 | $208 | - |
A 650 S SABRINA Street Sold | $545,000 List Price | 4 | 2 | 2,697 | 0.3 mi | |
B 653 S SABRINA -- Sold | $550,000 | 5 | 2 | 2,697 | $204 | 0.2 mi |
C 10435 E FORGE Avenue Sold | $500,000 | 4 | 3 | 2,102 | $238 | 0.2 mi |
D 10435 E FORGE Avenue Sold | $500,000 | 4 | 3 | 2,102 | $238 | 0.2 mi |
E 10417 E EDGEWOOD Avenue Sold | $450,000 | 4 | 2 | 2,170 | $207 | 0.1 mi |
F 10417 E EDGEWOOD Avenue Sold | $450,000 | 4 | 2 | 2,170 | $207 | 0.1 mi |
G 10518 E DOLPHIN Avenue Active | $575,000 List Price | 4 | 3 | 2,575 | $223 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1999 (26 years old) and, according to the listing description, requires either a full remodel or cosmetic updates to be modernized. While it features newer A/C units and functional built-in garage storage, the home is aged with no major renovations since construction, fitting the criteria for a property that is functional but shows signs of being outdated.
Elementary School: Franklin Elementary School (9/10).
Priced as the most affordable 4-bedroom, 2-bathroom home with a 3-car garage in Mesa, this property offers significant equity potential for investors or owner-occupants looking to add value.
The large corner lot features a highly desirable 10-foot RV gate and a spacious 3-car garage with built-in cabinets, providing ample space for recreational vehicles and storage.
The home is noted as needing either a full remodel or cosmetic updates, indicating that the buyer will need to budget for immediate additional investment to modernize the space.
The property includes leased solar panels that must be assumed by the buyer at $165.56 per month, which may impact debt-to-income ratios and overall monthly carrying costs.
Great news! the seller is willing to pay off the lease at closing and the solar panels will be owed by the new owner. This home features a highly desirable open floor plan on a large corner lot with a 10-foot RV gate. This home, you'll find vaulted ceilings, newer A/C units, and a spacious 3-car garage complete with built-in cabinets. Priced as the lowest 4-bedroom, 2-bath home with a 3-car garage in Mesa, this property offers incredible potential. Whether you're looking for a full remodel or a quick cosmetic update, this home is ready. Two fruit trees Orange and grapefruit.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades PK-6 • 6.9 mi
Grades K-6 • 10.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,402 | 1,581 | 91% |
| Lot Size | 8,377 | 7,365 | 67% |
| Price | $500.0K | $356.5K | 88% |
| Price per sq ft | $208 | $219 | 45% |
| Built year | 1999 | 1997 | 58% |
| HOA | $170 | $100 | 67% |
| Days on market | 117 | 2280 | 1% |
Dec 26, 2025
$499,990
Initial Listing