11212 E DOWNING Street, Mesa, AZ 85207, Mesa, 85207 - 4 bed, 2 bath
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Mesa, AZ 85207
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned above the $457,962 Fair Market Value. While the property requires a premium over the estimated value, it offers significant upside through its 12,833 sqft oversized corner lot and recent modern interior updates, including new LVP flooring and a remodeled primary bathroom. With a Fair Condition Rating, the home provides a blank canvas for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build sweat equity in a well-located Mesa neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11212 E DOWNING Street Subject | $485,000* List Price | 4 | 2 | 1,849 | $248 | - |
A 11401 E ELLIS Street Sold | $415,000 List Price | 3 | 2 | 1,783 | 0.2 mi | |
B 11465 E DECATUR Street Active | $485,000 List Price | 4 | 2 | 1,890 | $257 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23+ years old), the home falls into the 'Fair' category as it is dated and requires minor repairs/updates. While it features new LVP flooring and a remodeled primary bathroom, the kitchen retains original oak cabinetry and the backyard requires significant landscaping. The listing explicitly mentions the need for 'finishing touches' and 'sweat equity'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12833, living area = 1849.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated on a generous 12,833 sqft corner lot, the property offers significant outdoor space and enhanced privacy compared to standard neighborhood parcels.
The listing notes room for additional improvements and 'sweat equity,' indicating the home is not in fully turn-key condition and requires further investment.
The assigned middle and high schools have ratings of 4 and 5, which may be a concern for buyers prioritizing top-tier educational districts.
Located on a spacious corner lot, this single-story home offers a fantastic opportunity to create your ideal living space. Featuring an open and bright floor plan, the home provides a welcoming layout with plenty of room to personalize and make your own. New luxury vinyl plank flooring runs throughout the home, creating a fresh and modern foundation. The spacious kitchen offers stainless steel appliances and ample room for everyday living and entertaining. The primary bathroom has already been remodeled, adding a stylish update and valuable improvement to the home. While the property still offers room for additional finishing touches, it presents an excellent opportunity for buyers looking to add their own vision and build sweat equity.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades PK-6 • 8.2 mi
Grades K-6 • 12.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,849 | - |
| Lot Size | 12,833 | - |
| Price | $485.0K | $476.2K |
| Price per sq ft | $262 | $271 |
| Built year | 2001 | 0 |
| HOA | $54 | $0 |
| Days on market | 35 | 2611 |
Jun 18, 2026
$485,000
Initial Listing