
Mesa, AZ 85207
This Single Family Residence is a High-Potential Investment Opportunity, listed at $380,000—positioned well below the $389,276 Fair Market Value by 2%. This valuation gap offers $9,276 in Instant Equity. With a Condition Rating of 3, the home features a new 2023 roof and 2026 interior updates. The 10,790 sqft lot with No HOA and a Detached Workshop provides rare flexibility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 339 N 86TH Street Subject | $380,000* List Price | 3 | 2 | 1,635 | $238 | - |
A 8830 E DALLAS Street Sold | $412,500 | 3 | 2 | 1,508 | $274 | 0.5 mi |
B 9266 E QUARTERLINE Road Sold | $390,000 | 3 | 2 | 1,395 | $280 | 0.9 mi |
C 9349 E Quarterline Road Sold | $430,000 | 4 | 2 | 1,656 | $260 | 1.0 mi |
D 301 N 87TH Street Active | $492,900 List Price | 3 | 2 | 1,736 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1976, the property has undergone significant recent renovations including a new roof (2023), new flooring, appliances, and fresh paint (2026). The kitchen features updated stainless steel appliances, and while the cabinetry is dated, the home is in move-in ready condition and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10790, living area = 1635.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features significant recent upgrades including a new roof (2023) and updated flooring, appliances, and paint (2026), offering a move-in-ready experience with reduced immediate maintenance costs.
Built in 1976, the home may have original underlying systems such as plumbing or electrical that could require attention or modernization despite the recent cosmetic and roof updates.
While the area has access to high-rated schools, the closest elementary school is rated significantly lower (3/10), which may be a drawback for families prioritizing immediate neighborhood school quality.
Light and bright 3 bedroom, 2 bathroom home with bonus room on large lot in Mesa with no HOA. This property offers excellent flexibility with a detached shop perfect for storage, a workshop, or hobbies, and plenty of room for your toys, tools and hobbies. New roof 2023, flooring, appliances and paint 2026. Easy access to Loop 202, Falcon Field Airport, Gateway Airport, ASU and so much more. Don't miss this one!
No exterior & parking available.
Grades PK-6 • 2.2 mi
Grades PK-6 • 5.0 mi
Grades K-6 • 8.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,635 | 1,890.26 |
| Lot Size | 10,790 | 7,798.376 |
| Price | $380.0K | $485.4K |
| Price per sq ft | $232 | $264 |
| Built year | 1976 | 1994 |
| HOA | $0 | $174 |
| Days on market | 20 | 69 |
Aug 20, 2026
$380,000
Initial Listing