
Mesa, AZ 85206
This Spacious Split-Level Home represents a Strong Value Opportunity, listed at $575,000—positioned above the $536,201 Fair Market Value by 7%. While the property requires modernization given its Fair Condition Rating, the 1/3-acre cul-de-sac lot and Multi-Generational Layout offer significant upside. With access to Top-Rated Schools like Franklin Junior High (10/10), this asset provides a unique foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the flexible floor plan for rental income or family utility.
Property is extensive renovation needed.
The property was built in 1985, making it 41 years old. According to the criteria, homes over 30 years old without documented renovations fall into the poor category. The listing description emphasizes 'possibilities' and 'multi-generational' layout rather than recent updates, suggesting the kitchen, baths, and major systems are likely original or dated and in need of rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15742, living area = 2365.
Elementary School: Franklin at Brimhall Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The unique split-level floor plan features a downstairs area with four bedrooms, two full baths, and its own kitchen, offering a perfect setup for an independent apartment or multi-generational household.
While the elementary and middle schools are highly rated, the assigned Mesa High School has a significantly lower rating of 4/10, which may be a concern for families with older children.
Built in 1985, the split-level architecture and original finishes may require significant modernization to appeal to buyers seeking a contemporary open-concept aesthetic.
Spacious split level home tucked away on huge cul de sac lot. This is a wonderful home for a family or possibly multi-generational home. Main floor has a formal living area and large family room along with the large primary bedroom with ensuite bath. Large kitchen opens to deck overlooking apx. 1/3 acre lot. Downstairs has 4 bedrooms, 2 full baths and kitchen. Designed so that part of the downstairs could be it's own 1 bedroom apartment. RV parking, large storage shed, covered patio and extra concrete slab are some of the outdoor features. Garage has mini-split air conditioning. The features and possibilities of this home are endless!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 1.7 mi
Grades K-6 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,365 | - |
| Lot Size | 15,742 | - |
| Price | $575.0K | $476.2K |
| Price per sq ft | $243 | $271 |
| Built year | 1985 | 0 |
| HOA | $0 | $0 |
| Days on market | 29 | 2611 |
Jun 24, 2026
$575,000
Initial Listing