2009 E 3RD Drive, Mesa, AZ 85204, Mesa, 85204 - 3 bed, 3 bath
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Mesa, AZ 85204
This Versatile Single Family Residence is a High-Potential Investment Opportunity, listed at $429,995—positioned well above the $380,899 Fair Market Value by -12%. Featuring a Mint Condition Rating and a Studio Casita, the property offers significant utility for multi-generational living or rental income. With No HOA Restrictions and proximity to top-rated schools like Franklin Elementary, this home balances lifestyle flexibility with long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey property with immediate income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2009 E 3RD Drive Subject | $429,995* List Price | 3 | 3 | 1,120 | $340 | - |
A 1926 E DELTA Avenue Sold | $425,000 | 3 | 2 | 1,404 | $303 | 0.5 mi |
B 1424 E EL MORO Avenue Sold | $455,000 | 3 | 2 | 1,398 | $325 | 1.0 mi |
C 2319 E CAROL Avenue Active | $420,000 List Price | 3 | 2 | 1,212 | $347 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1962, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, quartz waterfall countertops, and contemporary fixtures. With new flooring, fresh paint, and updated systems visible in the casita and main house, the home is in mint, move-in-ready condition.
The inclusion of a separate studio casita with a full bathroom and updated flooring provides exceptional value for multi-generational living, a private home office, or potential rental income.
The property features a clean, inviting interior with updated flooring and a functional layout, allowing buyers to occupy the home immediately without the need for major initial renovations.
With an association fee of $0, homeowners benefit from lower monthly carrying costs and the freedom to utilize their property without the oversight of a homeowners association.
At only 1,120 square feet for a 3-bedroom main house plus a casita, the individual living areas and bedrooms are likely quite compact, which may not suit buyers looking for spacious interiors.
Built in 1962, the property may have older mechanical, electrical, or plumbing systems that could require more frequent maintenance or modernization compared to newer constructions.
Move-in ready 3-bedroom, 2-bath Main House in Mesa, AZ, with a studio CASITA featuring updated flooring and a clean, inviting interior. The main house offers a bright and functional layout with spacious living areas, a well-equipped kitchen, and comfortable bedrooms designed for everyday living. Adding extra flexibility, the property includes a casita with a studio layout and full bathroom, perfect for guests, extended family, a home office, or rental potential. Conveniently located near shopping, dining, parks, and major freeways, this property offers versatility, comfort, and great value in a desirable Mesa location.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-6 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,120 | 1,580.5 | 10% |
| Lot Size | 7,633 | 7,355 | 57% |
| Price | $430.0K | $311.8K | 78% |
| Price per sq ft | $384 | $211 | 98% |
| Built year | 1962 | 1980 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 2314 | 1% |
May 15, 2026
$429,995
Initial Listing