1761 W 5TH Place, Mesa, AZ 85201, Mesa, 85201 - 3 bed, 2 bath
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Mesa, AZ 85201
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $439,900—positioned well below the $506,550 Fair Market Value by 13%. This valuation gap offers $66,650 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a European-inspired kitchen and a versatile detached shop with A/C. While local high schools vary in performance, the property’s proximity to top-rated elementary schools and lack of HOA restrictions make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1761 W 5TH Place Subject | $439,800* List Price | 3 | 2 | 1,812 | $280 | - |
A 1755 W AUBURN Street Sold | $395,000 | 3 | 2 | 1,275 | $310 | 0.5 mi |
B 1755 W Auburn Street Sold | $395,000 | 3 | 2 | 1,268 | $312 | 0.5 mi |
C 605 N SAGUARO -- Active Under Contract | $419,900 List Price | 4 | 2 | 1,451 | $289 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1957, the property has undergone a comprehensive modern remodel within the last 5 years. It features a high-end European-inspired kitchen with contemporary black cabinetry and granite countertops, updated large-format tile flooring throughout, and modern recessed lighting. The detached shop includes its own newer A/C and electrical systems, placing the home in mint, move-in-ready condition.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features a separate, insulated shop with its own A/C and electrical, offering incredible flexibility for use as a guest house, home office, or creative studio.
A comprehensive update includes a sleek European-inspired kitchen with granite countertops and contemporary tile flooring, providing a move-in-ready aesthetic with no HOA restrictions.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1812, other record living area = 1640.
Originally built in 1957, the home may have aging infrastructure or mechanical systems that require more maintenance than a newer construction.
While some nearby elementary schools are highly rated, the assigned junior high and high schools have lower performance ratings, which may impact appeal for families.
No HOA, a detached shop, and an RV gate! This remodeled home offers a perfect blend of modern style and timeless charm, situated on a property with lush green lawns in both the front and back yards. Inside, you'll find modern gray tile flooring and elegant wainscoting that create a warm, inviting atmosphere while striking the perfect balance between traditional character and contemporary design. The sleek European-inspired kitchen is a standout feature, showcasing stylish black cabinetry, warm granite countertops, and a clean, modern aesthetic that is both functional and sophisticated. The spacious backyard provides plenty of room to relax, entertain, or expand your outdoor living space. A separate, insulated, detached shop whit its own A/C unit and electrical. Don't miss this one! incredible flexibility and could easily be transformed into a guest house, home office, studio, or additional living quarters. With thoughtful updates already completed, beautiful outdoor spaces, and no HOA restrictions, this property presents a unique opportunity to make it your own while enjoying comfort, style, and versatility.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 2.5 mi
Grades K-6 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,812 | 1,617 | 71% |
| Lot Size | 7,222 | 8,145.5 | 32% |
| Price | $439.8K | $5.0K | 79% |
| Price per sq ft | $243 | $3 | 68% |
| Built year | 1957 | 1962 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 2440 | 3% |
Jun 12, 2026
$439,800
$439,900
+0% Price Increase
Initial Listing
Jun 4, 2026
$439,900
Initial Listing