6458 E ELMWOOD Street, Mesa, AZ 85205, Mesa, 85205 - 4 bed, 2 bath
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Mesa, AZ 85205
This Investor-Only Residential Asset is listed at $465,000, positioned above the $426,284 Fair Market Value. The property maintains a Condition Rating of 3, featuring a move-in ready interior with a Granite Kitchen, Stainless Steel Appliances, and vaulted ceilings. Its Prime Parkside Location and No HOA Restrictions provide significant rental appeal and operational flexibility. While the immediate school is rated 3/10, access to the 9/10 rated Franklin Elementary and the functional 4-bedroom layout ensure long-term desirability. This acquisition is ideal for Buy-and-Hold Investors or Portfolio Managers seeking a turnkey rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6458 E ELMWOOD Street Subject | $465,000* List Price | 4 | 2 | 1,641 | $260 | - |
A 6702 E ADOBE Street Sold | $390,000 | 2 | 2 | 1,659 | $235 | 0.3 mi |
B 6717 E BOISE Street Sold | $390,000 | 3 | 3 | 1,591 | $245 | 0.9 mi |
C 6042 E HALIFAX Street Sold | $505,000 | 3 | 2 | 1,958 | $258 | 0.8 mi |
D 1626 N PINNULE -- Sold | $477,500 | 5 | 2 | 1,690 | $283 | 0.9 mi |
E 5819 E ELLIS Street Sold | $418,000 | 3 | 2 | 1,672 | $250 | 0.8 mi |
F 6222 E EL PASO Street Active | $359,000 List Price | 2 | 2 | 1,646 | $218 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates including granite countertops, stainless steel appliances, and a primary suite with dual vanities and a walk-in shower. While the home was built in 1987, these interior improvements and the well-maintained exterior appearance suggest it has been updated within the last 5 to 15 years, fitting the criteria for a well-maintained, functional residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8216, living area = 1641.
Elementary School: Franklin Elementary School (9/10).
The property is situated directly across from a large city park in NE Mesa, providing immediate access to recreational amenities and enhanced curb appeal.
The property is explicitly listed as an investor-only opportunity, which significantly limits the market by excluding traditional owner-occupant buyers.
The closest elementary school carries a low rating of 3/10, which may be a deterrent for families and could impact long-term appreciation compared to higher-rated districts.
INVESTOR OPPORTUNITY in Mesa! 4 bedroom, 2 bathroom home in NE Mesa. No HOA and positioned directly across from a large city park. The home features a functional layout with a spacious great room, vaulted ceilings, and a kitchen equipped with granite countertops and stainless steel appliances. The primary suite includes a walk-in shower and dual vanities. Conveniently located near shopping, schools, and freeway access! Investor-only opportunity.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 3.4 mi
Grades K-6 • 6.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,641 | 1,553 | 57% |
| Lot Size | 8,216 | 7,639 | 63% |
| Price | $465.0K | $310.0K | 80% |
| Price per sq ft | $283 | $216 | 81% |
| Built year | 1987 | 1984 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 2231 | 1% |
Feb 26, 2026
$465,000
Initial Listing