8219 E 1ST Avenue, Mesa, AZ 85208, Mesa, 85208 - 4 bed, 1 bath
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Mesa, AZ 85208
This Value-Add Residential Asset is competitively priced at $252,500, positioned near its $244,295 Fair Market Value. Currently holding a Fair Condition Rating, the home presents a strategic opportunity for forced appreciation by modernizing the floor plan and utilizing the expansive 8,986 sqft lot for RV parking or expansion. Located near the top-rated Franklin Elementary School (9/10), the property combines a low-cost entry point with long-term stability. This is an optimal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through renovation.
Property is moderate renovation needed.
Built in 1958, this property is aged but functional, fitting the 'fair' criteria. While it has received some updates such as laminate flooring and energy-efficient mini-split cooling systems, the home shows visible wear and tear, including scuffed walls and an unlandscaped dirt lot. The layout is also functionally dated, squeezing four bedrooms into just 816 square feet with only one bathroom, which suggests a need for modernization and potential reconfiguration.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8986, living area = 816.
Elementary School: Franklin Elementary School (9/10).
Priced competitively at $252,500, this property offers an affordable entry point for first-time buyers or investors looking for a value-packed opportunity in the Mesa market.
With four bedrooms squeezed into just 816 square feet, the individual room sizes and overall living areas are exceptionally small and may feel cramped.
The presence of only one bathroom for a four-bedroom residence creates a significant functional bottleneck for families and may limit future resale appeal.
PRICED TO SELL! Charming single-story Mesa home situated in the established Desert Sage community! This 4-bedroom, 1-bath residence sits on a generously sized 8,986 sq ft lot, providing plenty of room for outdoor living, expansion, or future customization. Built with durable painted block construction and topped with an asphalt shingle roof, the home features a covered patio, energy efficient mini split cooling, and ample parking! Inside, you'll find a functional layout with 4 bedrooms and plenty of natural light. The expansive lot offers exceptional potential for RV parking, gardening, or creating your ideal backyard retreat. Located in Mesa Unified School District and just minutes from shopping, dining, and easy freeway access, this property is perfect for first-time buyers, investors, or anyone looking for an affordable opportunity in a well-established neighborhood. Don't miss your chance to own this value-packed property with room to make it your own!
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades PK-6 • 4.4 mi
Grades K-6 • 8.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 816 | 1,579 | 1% |
| Lot Size | 8,986 | 7,365 | 79% |
| Price | $252.5K | $355.0K | 42% |
| Price per sq ft | $309 | $219 | 96% |
| Built year | 1958 | 1997 | 4% |
| HOA | $0 | $99 | 26% |
| Days on market | 61 | 2280 | 1% |
Feb 20, 2026
$252,500
Initial Listing