6032 E IVY Street, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Single Family Residence is a High-Potential Investment Opportunity, listed at $375,000—positioned above the $338,086 Fair Market Value. While currently priced for the market, the property features a Condition Rating of 4, offering significant upside through cosmetic modernization. Key assets include a 9,000+ sq. ft. lot, No HOA, and an RV gate, providing rare utility in Mesa. With proximity to Loop 202 and top-rated schools like Franklin Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6032 E IVY Street Subject | $375,000* List Price | 2 | 2 | 1,043 | $324 | - |
A 1616 N ALTA MESA Drive 13 Sold | $320,528 | 2 | 2 | 1,217 | $263 | 0.4 mi |
B 6102 E FAIRFIELD Street Sold | $416,100 | 3 | 2 | 1,220 | $341 | 0.8 mi |
C 1827 N SERICIN Circle Pending | $380,000 List Price | 3 | 2 | 1,246 | $305 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, the property is over 20 years old and presents a dated aesthetic, particularly with the oak cabinetry. While it features some functional updates like granite countertops and a mix of wood/tile flooring that make it move-in ready, the age of the home and original-style fixtures suggest that systems and cosmetics are due for modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9081, living area = 1043.
Elementary School: Franklin Elementary School (9/10).
The absence of an HOA combined with a dedicated RV gate and a spacious 9,000+ sq. ft. lot offers significant freedom and utility for homeowners with recreational vehicles or those seeking property autonomy.
At 1,043 square feet with only two bedrooms, the home's smaller footprint may limit its appeal to larger families or buyers requiring dedicated home office space.
Built in 1984, the property may soon require investment in major systems or structural updates typical for a home of this vintage to maintain its long-term value.
No HOA, RV gate, a spacious 9,000+ sq. ft. lot, and a 2-car garage make this 2 bed, 2 bath home a strong opportunity for both owner-occupants and investors. Conveniently located just minutes from the Loop 202 and nearby shopping, the home features vaulted ceilings, abundant natural light, and a mix of wood and tile flooring throughout. The living room includes a wood-burning fireplace, while the eat-in kitchen offers wood cabinetry, granite countertops, built-in appliances, an island with breakfast bar seating, and sliding glass doors to the backyard. The primary bedroom includes backyard access and a walk-in closet. Outside, the large backyard features a covered patio, storage shed, and plenty of room to personalize or improve. A property with solid fundamentals and strong potential
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 4.0 mi
Grades K-6 • 6.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,043 | 1,590.5 | 8% |
| Lot Size | 9,081 | 7,525 | 76% |
| Price | $375.0K | $282.5K | 60% |
| Price per sq ft | $360 | $204 | 97% |
| Built year | 1984 | 1984 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 2309 | 1% |
May 14, 2026
$375,000
Initial Listing