720 S DOBSON Road 36, Mesa, AZ 85202, Mesa, 85202 - 3 bed, 1 bath
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Mesa, AZ 85202
This Centrally Located Value-Add Townhouse offers an affordable entry into a high-demand Mesa corridor with a List Price of $215,000. Positioned near its $186,667 Fair Market Value, the property provides a stable foundation for those seeking proximity to ASU and Banner Desert Medical Center. Holding a Condition Rating of 4, the interior is functional but dated, offering clear potential for forced appreciation through cosmetic updates. With a spacious private patio and access to the 9/10 rated Franklin Elementary School, this is a strategic choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 S DOBSON Road 36 Subject | $215,000* List Price | 3 | 1 | 784 | $238 | - |
A 720 S DOBSON Road 44 Sold | $170,000 | 2 | 1 | 784 | $217 | 0.0 mi |
B 720 S DOBSON Road 27 Sold | $258,000 | 2 | 1 | 784 | $329 | 0.0 mi |
C 930 S DOBSON Road 80 Sold | $185,000 | 2 | 2 | 923 | $200 | 0.4 mi |
D 720 S DOBSON Road 39 Active | $219,990 List Price | 2 | 1 | 784 | $281 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is functional and maintained but shows significant signs of age. The kitchen and bathroom feature dated oak-style cabinetry, laminate countertops, and older white appliances that likely date back 20+ years. While the unit appears move-in ready and clean, the overall aesthetic, including the lighting fixtures and flooring, is outdated and lacks modern renovations.
Elementary School: Franklin Elementary School (9/10).
The property is ideally positioned near ASU, Banner Desert Medical Center, and major freeways (US 60 and 101), making it an excellent choice for commuters, students, or medical professionals.
The association fee covers roof maintenance and essential utilities including water, sewer, and trash, providing owners with predictable monthly costs and a low-maintenance lifestyle.
At just 784 square feet for a three-bedroom layout, the interior living spaces and bedrooms are exceptionally compact, which may limit appeal for families or those requiring larger rooms.
The single-bathroom configuration for a three-bedroom residence creates a low bathroom-to-bedroom ratio, which can be a significant inconvenience for multi-occupant households or roommates.
This corner unit 3 bedroom, 1 bathroom townhome sits in a prime Mesa location near Dobson Rd. and Southern Ave. Great opportunity for investors seeking upside or buyers who want quick access to major freeways, schools, and everyday essentials. The functional floor plan includes a spacious private patio for added outdoor living. All appliances are included, making move in simple. The HOA features a community pool and playground, plus covers roof maintenance, water, sewer, and trash collection for predictable monthly expenses. Minutes to the US 60 and 101, shopping, dining, Mesa Community College, EVIT, Banner Desert Medical Center, and just 8 minutes from ASU. Enjoy affordable ownership in a central location with everyday convenience at your doorstep.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 2.7 mi
Grades K-6 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 784 | 1,160 | 13% |
| Lot Size | 1,289 | 1,594 | 39% |
| Price | $215.0K | $269.0K | 26% |
| Price per sq ft | $274 | $234 | 83% |
| Built year | 1972 | 1974 | 17% |
| HOA | $265 | $254 | 61% |
| Days on market | 64 | 2141 | 4% |
Feb 18, 2026
$215,000
Initial Listing