707 E UNIVERSITY Drive, Mesa, AZ 85203, Mesa, 85203 - 4 bed, 2 bath
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Mesa, AZ 85203
This Versatile Dual-Living Residence is listed at $499,000, representing a stable investment aligned with its $492,542 Fair Market Value. Featuring a Condition Rating of 3, the property has undergone an extensive renovation including updated kitchens, stainless appliances, and new flooring. The unique "NextGen" configuration provides two distinct living areas with separate entrances and laundry facilities, offering significant rental utility with No HOA restrictions. Sold fully furnished and featuring a private patio, this turnkey asset is perfectly positioned for House-Hacking Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 707 E UNIVERSITY Drive Subject | $499,000* List Price | 4 | 2 | 2,158 | $228 | - |
A 1010 E 6th Place Sold | $420,000 | 3 | 2 | 2,307 | $182 | 0.5 mi |
B 726 E 7TH Place Sold | $565,000 | 4 | 3 | 2,634 | $215 | 0.4 mi |
C 616 N Freestone Circle Sold | $466,000 | 3 | 2 | 2,478 | $188 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone a recent extensive renovation. It features new laminate wood-like flooring throughout, updated kitchens with modern subway tile backsplashes and stainless steel appliances, and refreshed bathrooms. While the 1948 build date and certain elements like older window frames and painted original cabinetry suggest some physical age, the overall condition is well-maintained with modern fixtures and new mini-split cooling systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10458, living area = 2158.
The unique layout features two distinct living areas with separate entrances, making it an ideal setup for multi-generational families, house-hacking, or maximizing rental income through Airbnb.
The property is fully renovated and sold completely furnished, offering a move-in-ready experience that saves buyers significant time and upfront capital for furniture and decor.
Situated on University Drive, a major Mesa thoroughfare, the property is subject to significant street noise and traffic, which may impact the quiet enjoyment of the outdoor spaces.
While the home features modern cosmetic updates, the 1948 construction date suggests that underlying core systems may require more frequent maintenance compared to a newer build.
Come see this renovated 4-bedroom 2-bathroom home in a great area of Mesa. This home is move in ready and very unique. Use as a presonal residence, an AIRBNB, Full Time Rental, or, NextGen home. There is new laminate wood-like flooring throughout. The front part of the house has a large family room with picture windows of the front yard. There is an area for an office or study and a nicely updated kitchen. There are 2 bedrooms and 1 bathroom and an inside laundry. In addition, the front yard is private, fully fenced with a nice relaxing porch. The back part of the house has its own entrance, perfect for guests, NextGen Living, or rent it out. The guest area has another larger family room, a nicely remodeled kitchen, with lots of counter space, and an inside stackable laundry. There are 2 additional bedrooms and a bathroom. The back unit is also very private, has a large backyard and additional storage. This property can be your personal residence, rental unit, AIRBNB, etc. With no HOA it has endless opportunities. Fully Furnished and the furniture is included. A must see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,158 | 2,262 | 47% |
| Lot Size | 10,458 | 10,866 | 48% |
| Price | $499.0K | $410.0K | 64% |
| Price per sq ft | $231 | $219 | 53% |
| Built year | 1948 | 1981 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 2132 | 1% |
Mar 4, 2026
$499,000
Initial Listing