
Mesa, AZ 85210
This Value-Add Townhouse represents a Prime Investment Opportunity with a List Price of $202,000—positioned well below the $207,543 Fair Market Value by 2%. This valuation gap provides $5,543 in Instant Equity for buyers. Currently holding a Condition Rating of 4, the interior requires cosmetic updates to flooring and cabinetry to maximize its potential. Featuring a functional dual-suite layout and a private deck, the property is near top-rated Franklin Elementary (9/10). This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 623 W GUADALUPE Road 257 Subject | $202,000* List Price | 2 | 2 | 898 | $231 | - |
A 623 W GUADALUPE Road 254 Sold | $220,000 | 2 | 2 | 898 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is in mostly original condition and shows significant signs of age and wear. The carpeting throughout is heavily stained and requires immediate replacement. The kitchen and bathrooms feature dated oak-style cabinetry, laminate countertops, and older white appliances consistent with the original construction era. While the HVAC system appears to have been updated, the presence of popcorn ceilings, fluorescent box lighting, and worn flooring places this in the fair category, as it requires cosmetic updates and minor repairs to be move-in ready.
Elementary School: Franklin Elementary School (9/10).
Priced at $202,000, this townhouse represents a highly accessible entry point for first-time buyers or investors looking for a 2-bedroom property in the Mesa market.
The property is situated near several top-tier educational options, including Franklin Elementary and Franklin West Elementary, which boast impressive ratings of 8 and 9.
Built in 1983, the property may require capital improvements or updates to major systems and interiors to align with modern energy standards and contemporary design preferences.
While elementary options are strong, the assigned junior high and high schools have lower ratings of 2 and 4, which may be a concern for families planning for long-term residency.
$2000 appliance credit for new range/oven, refrigerator, dishwasher, disposal for asking price offer. Great room concept floorplan with balcony off living area. Laundry off kitchen area.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 3.4 mi
Grades K-6 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 898 | 963 | 42% |
| Lot Size | 757 | 963 | 33% |
| Price | $202.0K | $223.5K | 42% |
| Price per sq ft | $225 | $242 | 42% |
| Built year | 1983 | 1983 | 50% |
| HOA | $254 | $170 | 83% |
| Days on market | 16 | 1770 | 4% |
Apr 6, 2026
$202,000
Initial Listing