
Mesa, AZ 85213
This Substantial Value-Add Asset represents a High-Potential Investment Opportunity. Listed at $500,000, the price reflects the significant scale of this renovation project within an established Mesa corridor. The 3,010 sqft floor plan features a rare finished basement, offering exceptional multigenerational potential with 4 bedrooms and 5 bathrooms. With a Condition Rating of 5, the interior requires a complete overhaul of all major systems and finishes. The 9,630 sqft lot includes a covered patio near Field Elementary, Poston Junior High, and Mountain View High School. This is a prime acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2435 E EVERGREEN Street Subject | $500,000* List Price | 4 | 5 | 3,010 | $85 | - |
A 2407 E ENCANTO Street Sold | $552,000 | 4 | 2 | 3,100 | $178 | 0.1 mi |
B 2845 E GLENCOVE Street Sold | $363,000 | 4 | 2 | 2,156 | $168 | 0.7 mi |
C 710 N ALMAR Street Sold | $409,900 List Price | 5 | 3 | 2,990 | 1.0 mi | |
D 2019 E FOUNTAIN Street Sold | $365,000 List Price | 3 | 2 | 1,854 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978, this property requires substantial rehabilitation and is marketed as a renovation project. Interior images reveal significant deferred maintenance, including missing or damaged flooring, unfinished drywall and paint, and a highly outdated kitchen with original cabinetry and aging appliances. The overall condition suggests that major systems and cosmetic finishes need a complete overhaul to meet modern living standards.
Elementary School: Franklin Elementary School (9/10).
The finished basement featuring three bedrooms, two bathrooms, and a massive living area provides a rare and versatile layout ideal for extended families or potential rental income.
At 3,010 square feet, this property offers significant interior volume and a flexible floor plan, providing a high value-add opportunity for buyers looking to customize a large home.
Marketed as a 'blank canvas,' the property likely requires a significant capital investment to modernize the 1978 interior and bring it up to current market standards.
Given the home's age, buyers should be prepared for potential deferred maintenance or necessary upgrades to major systems such as HVAC, roofing, or plumbing.
Welcome to 2435 E Evergreen St, a rare opportunity in one of Mesa's most established neighborhoods! This 3,010 square foot home offers incredible space and flexibility, featuring 4 bedrooms, 4.5 bathrooms, multiple bonus rooms, and a basement. With solid bones and a versatile floor plan, this property is the perfect blank canvas for renovation or customization. Inside, the main level includes a primary suite with ensuite bath, a spacious living room with fireplace, dining room, kitchen, den, oversized laundry, and an additional bonus room. Downstairs, the finished basement expands the living space with three more bedrooms, two bathrooms, walk-in closets, and a massive living area with fireplace, ideal for a game room, theater, or guest suite. With split bedrooms and multiple living areas, the layout is ideal for multigenerational living or income-producing potential. Step outside to a large backyard with a covered patio, gazebo, and mature landscaping, all framed by block fencing for privacy. Located near Field Elementary, Poston Junior High, and Mountain View High School, with quick access to shopping, dining, and the 202 freeway!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 2.4 mi
Grades K-6 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 91% |
| Square foot | 3,010 | 2,376 | 69% |
| Lot Size | 9,630 | 9,675.5 | 49% |
| Price | $500.0K | $469.8K | 56% |
| Price per sq ft | $166 | $239 | 39% |
| Built year | 1978 | 1993 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 2464 | 1% |
Jan 21, 2026
$500,000
Initial Listing
Mar 31, 1999
$176,000
Public Record