1342 W EMERALD Avenue 293, Mesa, AZ 85202, Mesa, 85202 - 2 bed, 2 bath
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Mesa, AZ 85202
This Turnkey Tenant-Occupied Townhome is listed at $270,000, offering a stable valuation aligned with its $267,896 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a Modern Quartz Kitchen, stainless appliances, and updated wood-look flooring. Marketed as a restricted Income-Generating Asset, the sale includes all furnishings and provides immediate cash flow with a maintenance-free yard and Private Patio. Proximity to the 9/10 rated Franklin Elementary School secures long-term desirability. This is a strategic acquisition for Buy-and-Hold Investors or Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1342 W EMERALD Avenue 293 Subject | $270,000* List Price | 2 | 2 | 996 | $269 | - |
A 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.8 mi |
B 1051 S DOBSON Road 82 Sold | $265,000 | 3 | 2 | 1,160 | $228 | 0.7 mi |
C 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.8 mi |
D 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.8 mi |
E 720 S DOBSON Road 95 Sold | $250,000 | 3 | 1 | 896 | $279 | 0.8 mi |
F 1342 W EMERALD Avenue 250 Active | $267,500 List Price | 2 | 2 | 1,038 | $258 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone an extensive recent renovation that brings it to current quality standards. The kitchen features modern grey shaker-style cabinetry, white quartz countertops, and stainless steel appliances. The interior boasts updated wood-look flooring, neutral paint, modern ceiling fans, and fully remodeled bathrooms with contemporary vanities and tile work. The property is marketed as a turnkey, fully remodeled home with no deferred maintenance visible in the images.
Elementary School: Franklin Elementary School (9/10).
This townhome has been fully remodeled and includes all furnishings and appliances, providing a move-in ready or rental-ready asset with no immediate capital expenditure required.
The property offers a maintenance-free yard and access to massive common spaces, making it an ideal lock-and-leave residence or a hassle-free investment.
The 'drive-by only' restriction and lack of interior access until an accepted contract create a high barrier for due diligence and may deter cautious buyers.
By restricting the sale to 'investors only,' the property excludes owner-occupants and those utilizing primary residence financing, narrowing the market of potential purchasers.
INVESTORS ONLY. DRIVE BY ONLY. DO NOT DISTURB TENANTS. Access will be provided with Accepted Contract. No Lockbox. Amazing remodeled townhome with massive common space for a maintenance-free yard. All furnishings and appliances convey.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 1.9 mi
Grades K-6 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 996 | 1,160 | 22% |
| Lot Size | 1,455 | 1,594 | 43% |
| Price | $270.0K | $269.0K | 52% |
| Price per sq ft | $271 | $234 | 83% |
| Built year | 1984 | 1979 | 78% |
| HOA | $210 | $247 | 35% |
| Days on market | 47 | 2140 | 4% |
Mar 6, 2026
$270,000
Initial Listing