1530 W 4TH Place, Mesa, AZ 85201, Mesa, 85201 - 6 bed, 4 bath
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Mesa, AZ 85201
This Renovated Multi-Bedroom Residence is a High-Potential Investment Opportunity, listed at $519,900—positioned well below the $537,393 Fair Market Value by 3%. This valuation gap offers $17,493 in Instant Equity. Boasting an Excellent Condition Rating, the home features a Quartz Kitchen, New Tiled Floors, and a rare 6-Bedroom Layout with No HOA. Located near Mesa Riverview and the top-rated Franklin Elementary School (9/10), it balances high rental yield potential with turnkey comfort. This is an ideal acquisition for Multi-generational Families or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1530 W 4TH Place Subject | $519,900* List Price | 6 | 4 | 2,009 | $268 | - |
A 301 N IRONWOOD -- Sold | $469,000 | 7 | 2 | 1,650 | $284 | 0.6 mi |
B 1033 W RIO SALADO Parkway Active | $534,900 List Price | 4 | 2 | 2,205 | $243 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1958, the property has undergone an extensive recent renovation within the last few years. The interior features a modern open-concept layout with brand new shaker-style kitchen cabinets, quartz countertops, stainless steel appliances, and updated bathrooms. High-quality finishes including new tile and laminate flooring, recessed lighting, new doors, and updated plumbing and electrical fixtures are evident throughout, meeting the criteria for a fully renovated, excellent-condition home.
Elementary School: Franklin Elementary School (9/10).
The property has been extensively reimagined with high-end finishes, including new quartz countertops, stainless steel appliances, tiled flooring, and updated plumbing and electrical fixtures, offering a move-in-ready experience.
With 6 existing bedrooms and the potential for a 7th via a backyard studio, this home provides rare versatility for large families, multi-generational living, or potential rental income.
Fitting 6 to 7 bedrooms into approximately 2,009 square feet suggests that individual room sizes and common areas may feel cramped, potentially compromising the functional flow of the home.
The immediate assigned public schools for this address carry lower academic ratings (3-4), which may be a deterrent for families prioritizing top-tier educational proximity.
Reamigined Open Concept , Spacious 6 Bedroom Home with 3.5 Baths. No HOA! New Tiled Floors, Showers, Brand New Kitchen & Bathroom Cabinets With Quartz Countertops, Stainless Steel Appliances, New Paint, Doors, Plumbing and Electric Fixtures. Option for Studio in the Backyard to make it 7 Bedrooms. Large Laundry Room that can Doulbe as a Huge Storage. Just Minutes Away From Mesa Riverview with Dining and Shopping!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 2.2 mi
Grades K-6 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,009 | 1,588 | 80% |
| Lot Size | 8,032 | 8,032 | 50% |
| Price | $519.9K | $240.0K | 88% |
| Price per sq ft | $259 | $212 | 66% |
| Built year | 1958 | 1962 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 2343 | 2% |
Mar 16, 2026
$519,900
Initial Listing