3009 E MENLO Street, Mesa, AZ 85213, Mesa, 85213 - 5 bed, 3 bath
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Mesa, AZ 85213
This Spacious 5-Bedroom Residence is a High-Potential Investment Opportunity, listed at $629,900—positioned well below the $644,925 Fair Market Value by 2%. This valuation gap offers $15,025 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home is functional yet primed for cosmetic modernization to capture significant upside. With a 3-car garage and no HOA, this property provides the versatility required for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3009 E MENLO Street Subject | $629,900* List Price | 5 | 3 | 3,338 | $193 | - |
A 2119 N WINTHROP -- Sold | $590,000 | 4 | 3 | 2,440 | $242 | 0.5 mi |
B 2435 E KENWOOD Circle Sold | $510,000 | 3 | 2 | 2,083 | $245 | 0.8 mi |
C 2739 E NANCE Street Active | $725,000 List Price | 5 | 4 | 3,134 | $231 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the home is well-maintained but dated. The kitchen features original oak cabinetry and older black appliances, while the staircase and fireplace reflect 1990s aesthetics. It is functional and move-in ready but requires cosmetic updates to the kitchen and bathrooms to meet modern standards.
The absence of a Homeowners Association offers residents greater freedom from restrictive rules and eliminates monthly association fees, increasing long-term affordability.
With 3,338 square feet and five bedrooms, this property provides a generous and versatile floor plan suitable for large families or multi-generational living.
The three-car garage offers significant value for homeowners with multiple vehicles or those requiring extra space for a workshop and storage.
Built in 1990 with no mention of recent upgrades, the home likely requires cosmetic renovations to align with current market trends and buyer expectations.
The two-story design may be a drawback for buyers seeking long-term accessibility or those who prefer the convenience of a single-level living arrangement.
Don't miss this spacious 2-story home with no HOA featuring 5 bedrooms, 3 bathrooms, and a 3-car garage. The inviting living room offers a cozy fireplace, while the functional layout provides plenty of space for everyday living and entertaining. Enjoy the front balcony, perfect for relaxing with your morning coffee, and the back porch for outdoor gatherings or unwinding at the end of the day. With generous living space and versatile rooms, this home offers endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,338 | - |
| Lot Size | 9,247 | - |
| Price | $629.9K | $476.2K |
| Price per sq ft | $189 | $271 |
| Built year | 1990 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 2611 |
Jul 21, 2026
$629,900
Initial Listing