
Mesa, AZ 85207
This Versatile Multi-Utility Residence is a Strategic Residential Asset listed at $485,000, positioned accurately at its $485,000 Fair Market Value. Maintaining a Good Condition Rating, the interior features updated wide-plank flooring and a functional open-concept design. The expansive 10,772 sqft lot offers exceptional utility with a detached workshop, RV gate, and private swimming pool. Located with no HOA restrictions and access to the 9/10 rated Franklin Elementary, it balances immediate rental income with long-term lifestyle flexibility. This is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 324 N 88TH Street Subject | $449,500* List Price | 4 | 2 | 1,484 | $303 | - |
A 1015 N 91ST Place Sold | $493,000 | 4 | 2 | 1,759 | $280 | 1.0 mi |
B 9266 E QUARTERLINE Road Sold | $390,000 | 3 | 2 | 1,395 | $280 | 0.7 mi |
C 9403 E CISCO Road Sold | $344,000 | 2 | 1 | 979 | $351 | 0.8 mi |
D 8707 E BUTTE Street Active | $430,000 List Price | 5 | 2 | 1,596 | $269 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates despite its 1972 build date. Interior images reveal modern wide-plank flooring, updated ceiling fans, and a clean, open-concept layout. The exterior is well-maintained with artificial turf and a fenced pool area. While the listing mentions 'vintage construction' as a potential area for system modernization, the cosmetic condition and functional upgrades to the living spaces and outdoor amenities align with the 'good' criteria for a well-maintained, updated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10772, living area = 1484.
Elementary School: Franklin Elementary School (9/10).
The property features a massive 10,772 sqft lot equipped with a detached workshop, RV gate, and ample space for trailers, offering rare flexibility for hobbyists and storage needs.
The presence of existing tenants may present challenges for owner-occupants regarding immediate possession, property access, or scheduling renovations.
Built in 1972, the home may require significant capital investment for modernizing major systems or cosmetic updates to meet current energy efficiency and design standards.
Spacious 4-bedroom, 2-bathroom home situated on a large lot in Mesa with no HOA. Tenants in place! This property offers excellent flexibility with a private swimming pool, a detached shop perfect for storage, a workshop, or hobbies, and an RV gate with ample space to park an RV, trailers, or off-road vehicles. The open-concept floor plan connects the kitchen, dining, and living areas, creating a comfortable and functional layout ideal for everyday living and entertaining. The bedrooms are generously sized, and the expansive yard provides plenty of room for outdoor activities, additional parking, or future customization.
No exterior & parking available.
Grades PK-6 • 2.4 mi
Grades PK-6 • 5.2 mi
Grades K-6 • 8.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,484 | 2,106 | 20% |
| Lot Size | 10,772 | 9,283 | 60% |
| Price | $449.5K | $375.0K | 57% |
| Price per sq ft | $303 | $246 | 73% |
| Built year | 1972 | 2000 | 5% |
| HOA | $0 | $120 | 31% |
| Days on market | 100 | 2430 | 1% |
Apr 17, 2026
$449,500
$485,000
-7% Price Drop
Initial Listing
Jan 12, 2026
$485,000
Initial Listing