5416 E AKRON Street, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Total Reconstruction Asset presents a High-Potential Investment Opportunity with a List Price of $139,999, offering a stable entry point at its $139,999 Fair Market Value. Currently an unlivable shell with a Condition Rating of 6, the property provides a significant head start with existing framing on a 7,225 sqft lot. Located in the Dreamland Villa 55+ community near 9/10 rated Franklin Elementary and 6/10 rated Red Mountain High, it offers a blank canvas for a custom residence. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5416 E AKRON Street Subject | $139,999* List Price | 2 | 2 | 1,068 | $131 | - |
A 5345 E Dallas Street Sold | $160,000 List Price | 2 | 2 | 1,064 | 0.7 mi | |
B 5224 E DODGE Street Sold | $115,000 List Price | 2 | 2 | 1,064 | 0.8 mi | |
C 5316 E COLBY Street Sold | $119,900 List Price | 2 | 2 | 1,304 | 0.6 mi | |
D 5210 E CASPER Road Sold | $134,900 List Price | 2 | 2 | 1,208 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is currently an unlivable shell with no roof, no interior walls, and no functional systems. Built in 1958, it has been gutted to the framing and requires a complete rebuild from the ground up, effectively making it a project where the value lies in the land and the remaining structural footprint.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7225, living area = 1068.
Elementary School: Franklin Elementary School (9/10).
The property is a blank canvas with existing framing, providing a unique opportunity for a buyer to design and build a fully customized interior tailored to their specific tastes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1068, other record living area = 1100.
The property is currently a shell requiring a complete build-out from the framing up, which necessitates significant capital, time, and construction expertise.
Originally built in 1958, the property may require comprehensive updates to underground plumbing and electrical connections to meet modern building codes during the reconstruction.
A rare chance to reimagine a property from the ground up in the Dreamland Villa 55+ community. The existing framing remains, offering a head start for anyone excited about designing a custom residence tailored to their lifestyle and taste. This community features an optional club membership with access to pools, bocce ball, a fitness center, pickleball courts, and a full calendar of social activities. Enjoy a convenient Mesa location close to shopping, dining, medical services, and major freeways, an ideal setting for someone ready to bring a new vision to life.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 1.9 mi
Grades PK-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,068 | 1,542 | 11% |
| Lot Size | 7,225 | 7,543 | 28% |
| Price | $140.0K | $310.0K | 39% |
| Price per sq ft | $131 | $215 | 39% |
| Built year | 1958 | 1983 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 138 | 2231 | 1% |
Dec 5, 2025
$139,999
Initial Listing
Nov 24, 1999
$74,300
Public Record