7426 E MELROSE Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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Mesa, AZ 85207
This Turnkey Investment Property is listed at $549,900, positioned slightly above the $530,011 Fair Market Value. While not a discount play, the property maintains a Condition Rating of 3, featuring a newer roof (2022) and recent cosmetic updates that ensure immediate functionality. Located in the prestigious Las Sendas community, it offers resort-style amenities and proximity to top-rated schools like Franklin Elementary (9/10). With its fully furnished, Airbnb-ready status, this home provides a stable, low-maintenance asset for Short-Term Rental Investors or Second-Home Buyers seeking a move-in-ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7426 E MELROSE Street Subject | $549,900* List Price | 3 | 2 | 1,800 | $320 | - |
A 7408 E NANCE Street Sold | $580,000 | 3 | 2 | 2,126 | $273 | 0.2 mi |
B 2511 N RAVEN -- Sold | $565,000 List Price | 3 | 2 | 2,153 | 0.1 mi | |
C 7408 E Nance Street Sold | $580,000 | 3 | 2 | 2,126 | $273 | 0.2 mi |
D 2743 N RAVEN -- Active | $510,000 List Price | 3 | 2 | 1,584 | $322 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property is exceptionally well-maintained and move-in ready. It features a newer roof (2022), HVAC (2015), and recent cosmetic updates including interior paint and carpet. While the kitchen cabinetry and tile flooring are original and dated, the updated major systems and mint maintenance level elevate it above a 'Fair' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7746, living area = 1800.
Elementary School: Franklin Elementary School (9/10).
The property is offered fully furnished and marketed as 'Airbnb-ready,' providing immediate income potential for investors or a seamless move-in experience for second-home buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1800, other record living area = 1762.
The HVAC system dates back to 2015; in the demanding Arizona climate, a unit approaching a decade of service may require more frequent maintenance or replacement sooner than the newer roof.
The $534 association fee represents a substantial recurring carrying cost that may impact the net ROI for short-term rental investors or the monthly affordability for primary residents.
expand your Airbnb portfolio or secure a move-in-ready retreat,This beautifully maintained property is ready to go--offered fully furnished and Airbnb-ready for immediate income potential. Step inside to a fantastic Great Room floor plan featuring a cozy gas fireplace. The thoughtfully designed split primary suite offers privacy and comfort, complete with dual sinks, a separate tub and shower, and a private water closet. Situated on a spacious north/south-facing lot, the backyard is designed for low-maintenance enjoyment with turf and private outdoor space. Recent updates provide peace of mind: newer interior paint and carpet, a soft water system washer and dryer (2024), roof (2022), and HVAC (2015). Community offers resort-style amenities including pools, parks, sport courts, & workout
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades PK-6 • 5.8 mi
Grades K-6 • 8.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,800 | 2,105 | 39% |
| Lot Size | 7,746 | 8,847 | 37% |
| Price | $549.9K | $344.0K | 73% |
| Price per sq ft | $306 | $235 | 72% |
| Built year | 2002 | 2000 | 56% |
| HOA | $534 | $132 | 98% |
| Days on market | 38 | 2825 | 1% |
May 6, 2026
$549,900
Initial Listing