
Mesa, AZ 85204
This Turnkey Income-Producing Residence is listed at $515,000, representing a stable market entry near its $498,515 Fair Market Value, consistent with local demand for upgraded, non-HOA properties. Boasting a Condition Rating of 3, the home features a modernized Granite Kitchen, fenced pool, and RV gate on an oversized lot. Its proven success as a short-term rental is further bolstered by proximity to Top-Rated Franklin Schools (rated 9/10 and 10/10). This versatile asset is an ideal match for Short-Term Rental Investors or Owner-Occupants seeking a move-in-ready home with high utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3141 E GABLE Circle Subject | $515,000* List Price | 4 | 2 | 1,846 | $267 | - |
A 3351 E FLORIAN Avenue Sold | $370,000 | 4 | 2 | 1,741 | $213 | 0.3 mi |
B 628 S 26TH Street Sold | $380,000 | 3 | 2 | 1,651 | $230 | 1.0 mi |
C 3254 E FORGE Avenue Pending | $450,000 List Price | 4 | 2 | 1,665 | $270 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1983, the property has undergone significant renovations within the last 5-15 years to serve as a turnkey short-term rental. Updates include granite countertops, stainless appliances, and a modernized walk-in tiled shower. The home is well-maintained and move-in ready, though some original features like popcorn ceilings persist.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9676, living area = 1846.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property is a proven income-producing short-term rental with available records and optional furnishings, offering an immediate 'plug-and-play' opportunity for investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1983, the home may require more frequent maintenance or updates to major systems compared to newer constructions in the Mesa area.
While the elementary and junior high schools are top-rated, the assigned high school has a significantly lower rating, which may be a consideration for families with older children.
Turnkey & income-producing, this beautifully maintained single-level home has operated as highly successful short-term rental, w/ income & expense records available. Furnishings & housewares may be included, an exceptional investment or move-in-ready opportunity. Home features 4 bedrooms and 2 bathrooms, w/ spacious & functional layout. Primary suite includes walk-in closet, kitchen is well-appointed w/ granite counters, sparkling appliances, & oversized walk-in pantry. Outside enjoy generously sized yard designed for entertaining, complete w/ fenced pool, firepit, & ample space for gatherings & outdoor activities. Property also offers RV gate w/ room for trailer/RV, no HOA. Conveniently located near parks, schools, shopping, dining, easy access to US60 freeway.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 1.8 mi
Grades PK-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,846 | 1,595.5 | 72% |
| Lot Size | 9,676 | 7,366.5 | 89% |
| Price | $515.0K | $279.1K | 93% |
| Price per sq ft | $279 | $208 | 72% |
| Built year | 1983 | 1980 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 2369 | 1% |
Apr 30, 2026
$515,000
Initial Listing