3152 E IRWIN Avenue, Mesa, AZ 85204, Mesa, 85204 - 6 bed, 4 bath
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Mesa, AZ 85204
This Large-Scale Value-Add Asset is listed at $999,000, representing a stable entry point at its $999,338 Fair Market Value. With a Condition Rating of 4, the property offers significant forced appreciation potential through modernization of its 1987 finishes. Standout features include a Rare Finished Basement and an expansive 37,389 sqft Lot near Dana Park Village Square. Proximity to Pioneer Elementary (Rating 7) and a private Patio enhances its long-term residential appeal. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a high-equity renovation project.
Property is moderate renovation needed.
Built in 1987, the property is functional but significantly outdated, featuring older cabinetry, hollow-core doors, and aged bathroom fixtures. The listing description explicitly identifies it as a 'value-add' opportunity requiring renovation and modernization to meet current market standards, which aligns with the 'fair' criteria for homes over 20 years old with no major recent renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37389, living area = 3795.
A standout feature for the Arizona market, the finished basement offers versatile possibilities for multi-generational living, a rental suite, or a custom entertainment retreat.
Perfectly positioned behind Dana Park Village Square, the property provides immediate access to high-end shopping and dining while maintaining easy connectivity to major Valley freeways.
As a 'value-add' opportunity, the property requires a vision and additional capital investment to modernize the 1987 finishes and maximize its market value.
Given the age and description, the home likely lacks the contemporary open-concept flow and energy-efficient systems expected by modern buyers at this price point.
Opportunity meets location in one of Mesa's most desirable pockets! Situated just behind the popular Dana Park Village Square, this property offers unbeatable access to premier shopping, dining, and everyday conveniences, while still tucked into a quiet residential setting. Commuters will love the quick connectivity to major freeways, making travel throughout the Valley seamless and efficient. Set on a generously sized lot, this home offers ample space to reimagine, expand, or create the outdoor oasis of your dreams. Inside, you'll find a rare-to-Arizona finished basement, a standout feature that opens the door to endless possibilities including additional living space, multi-generational living, rental income potential, or a custom entertainment retreat. For investors or buyers looking to build equity, this property presents a compelling value-add opportunity. With the right updates and vision, there is strong potential for appreciation and return on investment in an area that continues to see high demand. Whether you're looking to renovate, invest, or create your forever home in a prime Mesa location, this is an opportunity you don't want to miss.
No exterior & parking available.
Grades PK-8 • 1.5 mi
Grades 8-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 4.0 | 2.0 | 98% |
| Square foot | 3,795 | 1,614 | 99% |
| Lot Size | 37,389 | 7,325 | 98% |
| Price | $999.0K | $365.0K | 99% |
| Price per sq ft | $263 | $218 | 65% |
| Built year | 1987 | 1980 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 2246 | 1% |
Mar 24, 2026
$999,000
Initial Listing