6740 E ADOBE Street, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Fully Remodeled 55+ Community Residence is a High-Potential Investment Opportunity, listed at $345,000—positioned well below the $392,785 Fair Market Value by 12%. This valuation gap provides $47,785 in Instant Equity. Boasting a Condition Score of 2, the home features a modernized kitchen with navy shaker cabinetry, wood-look flooring, and a brand-new A/C system. With a versatile Arizona room and proximity to the 9/10 rated Franklin Elementary, this turnkey home balances lifestyle luxury with financial upside. It is an ideal acquisition for Retirees or Owner-Occupants seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6740 E ADOBE Street Subject | $336,000* List Price | 2 | 2 | 1,352 | $249 | - |
A 641 N 65TH Street Sold | $350,000 List Price | 2 | 2 | 1,211 | 0.4 mi | |
B 6631 E DALLAS Street Sold | $325,000 | 2 | 2 | 1,152 | $282 | 0.2 mi |
C 6717 E BOISE Street Sold | $390,000 | 3 | 3 | 1,591 | $245 | 0.7 mi |
D 6450 E AKRON Street Sold | $414,999 | 3 | 2 | 1,388 | $299 | 0.9 mi |
E 6051 E ENSENADA Street Active | $340,000 List Price | 2 | 2 | 1,332 | $255 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive and high-quality renovation within the last 5 years, featuring a fully modernized kitchen with navy shaker cabinetry and stainless steel appliances, updated bathrooms with contemporary tile work, new wood-look flooring throughout, and a brand-new A/C system, making it a turnkey, move-in-ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7721, living area = 1352.
Elementary School: Franklin Elementary School (9/10).
The home is fully updated with wood-look flooring, new cabinetry, and contemporary appliances, offering a turnkey, move-in-ready experience for buyers.
Being situated in a 55+ community significantly limits the potential buyer pool to a specific demographic, which can impact resale liquidity.
Despite the modern interior finishes, the 1973 original construction may still involve older underlying plumbing or electrical systems typical of that era.
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 PK-6 • 0.5 mi
Grades PK-6 • 1.5 mi
Grades PK-6 • 2.4 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 | 1,352 | 1,590.5 | 30% |
| Lot Size | 7,721 | 7,525 | 59% |
| Price | $336.0K | $282.5K | 57% |
| Price per sq ft | $249 | $204 | 62% |
| Built year | 1973 | 1983 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 2309 | 1% |
May 22, 2026
$336,000
$338,000
-1% Price Drop
Initial Listing
May 8, 2026
$338,000
$339,000
+0% Price Increase
Initial Listing
Apr 17, 2026
$339,000
$345,000
-2% Price Drop
Initial Listing
Feb 12, 2026
$345,000
Initial Listing