130 E 2nd Avenue, Mesa, AZ 85210, Mesa, 85210 - 2 bed, 2 bath
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130 E 2nd Avenue
Mesa, AZ 85210
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,354Sq Ft
6,000Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$358,750
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $358,750 Fair Market Value by -4%. Featuring a 2-bed, 2-bath main home and a detached 400 sq ft studio casita, this asset offers significant rental income potential. With a Condition Rating of 3, the property is functional and move-in ready. Its prime location near the ASU Mesa Center and light rail makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a live/work setup.
Estimated Market Value
$358,750
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 130 E 2nd Avenue Subject 2 bd · 2 ba · 1,354 sqft · $265 | $375,000* List Price | 2 | 2 | 1,354 | $265 | - |
A 659 S CENTER Street Sold 3 bd · 1 ba · 1,125 sqft · $280 · 0.6 mi | $315,000 | 3 | 1 | 1,125 | $280 | 0.6 mi |
B 849 S Coleman Sold 4 bd · 2 ba · 1,340 sqft · $261 · 0.9 mi | $350,000 | 4 | 2 | 1,340 | $261 | 0.9 mi |
C 849 S COLEMAN -- Sold 4 bd · 2 ba · 1,340 sqft · $261 · 0.9 mi | $350,000 | 4 | 2 | 1,340 | $261 | 0.9 mi |
D 42 S Vineyard Sold 3 bd · 2 ba · 1,500 sqft · $237 · 0.9 mi | $355,000 | 3 | 2 | 1,500 | $237 | 0.9 mi |
E 234 W 8TH Avenue Sold 3 bd · 2 ba · 1,198 sqft · $313 · 0.9 mi | $375,000 | 3 | 2 | 1,198 | $313 | 0.9 mi |
F 116 E MILLETT Avenue Sold 3 bd · 2 ba · 1,810 sqft · $221 · 0.8 mi | $399,900 | 3 | 2 | 1,810 | $221 | 0.8 mi |
G 264 E 9TH Drive Active 3 bd · 2 ba · 1,271 sqft · $306 · 0.9 mi | $389,000 List Price | 3 | 2 | 1,271 | $306 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1939, the property has undergone significant updates making it move-in ready. Key improvements include fresh interior paint, dual-pane low-E windows, and newer stainless steel kitchen appliances. The detached casita shows more recent renovations with LVP flooring and modern barn doors. Although the main kitchen cabinets and tile are dated, the overall condition is functional and well-maintained for its age.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin at Brimhall Elementary School (9/10).
- Dual Living Spaces
The property includes a main 2-bedroom home plus a detached 400 sq ft studio casita with a kitchenette and laundry, offering excellent potential for rental income or multi-generational living.
- Prime Downtown Location
Situated in the Mesa Historic Downtown area, the home is blocks away from the light rail, ASU Mesa Center, and Main Street dining, providing high walkability and urban appeal.
CONSRISKS & DEFICIENCIES
- Complex Sale Process
The sale is subject to Bankruptcy Court approval, which typically involves a more prolonged and uncertain closing timeline compared to traditional transactions.
- Strict As-Is Condition
The property is sold strictly as-is, requiring the buyer to assume all responsibility for potential repairs, upgrades, or deferred maintenance.
About 130 E 2nd Avenue
Rare Downtown Mesa opportunity with two living spaces on one corner lot! Built in 1939 with historic charm, this property features a 2-bed, 2-bath main home PLUS a detached ~400 sq ft studio casita with its own kitchenette, 3/4 bath, laundry hookups, bedroom and an additional sleeping loft. The interior features fresh paint throughout, dual-pane low-E windows, gas cooking, and a classic clawfoot soaking tub in the guest bath. Enjoy a covered patio, storage and NO HOA. Just blocks from Main Street dining, Mesa Arts Center, light rail, and ASU Mesa Center. Ideal for rental income, multi-gen living, or a downtown live/work setup. Property sold strictly as-is and is subject to Bankruptcy Court approval.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mesa Unified Schools
Franklin West Elementary School
Grades K-6 • 0.2 mi
8/10
Lincoln Elementary School
Grades PK-6 • 0.9 mi
4/10
Lowell Elementary School
Grades PK-6 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,354 | 1,898.592 |
| Lot Size | 6,000 | 7,745.036 |
| Price | $375.0K | $485.3K |
| Price per sq ft | $277 | $264 |
| Built year | 1939 | 1995 |
| HOA | $0 | $174 |
| Days on market | 8 | 67 |
Pricing History
Listed for Sale
Oct 16, 2026
$375,000
Initial Listing