
Mesa, AZ 85201
This Functional Two-Story Townhouse represents a stable entry into the Mesa market, listed at $250,000—positioned well below the $253,818 Fair Market Value by 1%. This competitive pricing provides $3,818 in Instant Equity for a property currently holding a Fair Condition Rating. While the interior features original 1974 finishes, the home offers a rare private backyard and access to the 9/10 rated Franklin Elementary School. Its strategic location between Tempe and Mesa ensures high rental demand. This is an ideal opportunity for first-time buyers or Buy-and-Hold Investors seeking a solid, value-driven asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1455 N ALMA SCHOOL Road 29 Subject | $250,000* List Price | 2 | 1 | 1,106 | $229 | - |
A 1725 N DATE -- 34 Sold | $325,000 | 2 | 2 | 1,161 | $280 | 0.9 mi |
B 1725 N DATE -- 34 Sold | $325,000 | 2 | 2 | 1,161 | $280 | 0.9 mi |
C 1500 W RIO SALADO Parkway 108 Active | $267,500 List Price | 2 | 2 | 1,100 | $243 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this townhouse is functional and appears maintained but is significantly outdated. The interior features painted masonry walls, older wood paneling, and stained concrete flooring rather than modern materials. While the water heater appears newer and the home is livable, the overall style and lack of recent comprehensive renovations to the living spaces and fixtures align with the 'fair' condition category.
Elementary School: Franklin Elementary School (9/10).
Ideally situated between Tempe and Mesa with quick access to Scottsdale, Sky Harbor Airport, and major entertainment hubs like baseball stadiums and shopping centers.
Unlike many townhomes in this price bracket, this unit features a private backyard, offering a dedicated space for entertaining, pets, or additional storage.
With only one bathroom serving two bedrooms across a two-story layout, the configuration may be inconvenient for multi-resident households or guests.
While nearby elementary options are highly rated, the assigned middle and high schools currently hold lower performance ratings, which may impact appeal for families.
Location, location, location! This unique 2-bedroom, 1-bath townhouse is officially ready for its new owner. Conveniently situated between Tempe and Mesa, this home offers easy access to numerous shopping centers, restaurants, and baseball stadiums, and is just a short drive from Scottsdale and the airport. The two-story layout features all bedrooms upstairs and includes a private backyard perfect for entertaining or extra storage. The community manages all landscaping, ensuring the grounds always look great, and provides a community pool for you to enjoy, especially during the summer months. Whether you are looking for your first home or simply need more space, this property is the perfect fit. Additionally, covered parking is located just steps from the front door for easy access. Don't wait to make this home yours! Please contact your agent if you are interested in a viewing.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades K-6 • 2.7 mi
Grades K-6 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 1,106 | 1,112 | 50% |
| Lot Size | 523 | 847.5 | 28% |
| Price | $250.0K | $225.6K | 61% |
| Price per sq ft | $226 | $227 | 50% |
| Built year | 1974 | 1985 | 22% |
| HOA | $200 | $188 | 75% |
| Days on market | 22 | 2618 | 3% |
Mar 31, 2026
$250,000
Initial Listing