420 N Cherry --, Mesa, AZ 85201, Mesa, 85201 - 1 bed, 1 bath
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Analysis of 420 N Cherry --, Mesa, AZ 85201 is currently available with a list price of $1. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1947 (79 years old) with no recorded renovations. Given the age exceeds 50 years without updates and the $1 list price suggests a distressed sale or land-value-only transaction, it meets the criteria for a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10800, living area = 1180.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property sits on a generous 10,800-square-foot lot, providing significant potential for future expansions, an ADU, or a large private outdoor oasis.
Despite having 1,180 square feet of living space, the property only features one bedroom, which may limit its appeal to families and traditional buyers.
Built in 1947, the home may require significant capital improvements to modernize its infrastructure and meet current building standards.
Exceptional opportunity in Mesa. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.3 mi
Grades K-6 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 2% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 1,180 | 1,579.5 | 24% |
| Lot Size | 10,800 | 8,054 | 86% |
| Price | $1 | $125.0K | 48% |
| Price per sq ft | $0 | $94 | 48% |
| Built year | 1947 | 1963 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 2324 | 2% |
Apr 7, 2026
$1
Initial Listing