
Mesa, AZ 85204
This property represents a Prime Investment Opportunity with a List Price of $389,900—positioned well below the $706,556 Fair Market Value by 44%. This significant valuation gap provides $316,656 in Instant Equity for buyers prepared to modernize the 1957 infrastructure. Featuring a 2,081 sqft interior on an Expansive 10,758 sqft Corner Lot with No HOA, the asset offers massive forced appreciation potential. Given the Dated Condition Rating and high rental demand in Mesa, this is a high-yield acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 834 E VINE Avenue Subject | $389,900* List Price | 4 | 2 | 2,081 | $340 | - |
A 1064 E DOLPHIN Avenue Sold | $460,000 | 3 | 2 | 2,429 | $189 | 0.3 mi |
B 132 S TEMPLE Street Sold | $412,000 | 4 | 2 | 2,395 | $172 | 0.5 mi |
C 415 S LESUEUR -- Sold | $276,500 | 4 | 2 | 1,614 | $171 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the property is functional and shows signs of regular upkeep but remains largely dated. While it features low-maintenance tile flooring throughout and updated stainless steel kitchen appliances, the cabinetry, drop ceilings in living areas, and overall aesthetic reflect older standards. It requires cosmetic modernization and likely infrastructure updates to meet contemporary expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10758, living area = 2081.
Situated on a generous 10,758 sqft corner lot, this property offers enhanced privacy and significant outdoor space for potential additions or landscaping.
The absence of a homeowners association provides owners with greater flexibility regarding property use and eliminates monthly association dues.
Built in 1957, the property may require significant capital investment to modernize major systems such as plumbing, electrical, or HVAC to meet current standards.
The interior finishes likely require a renovation budget to update the kitchen and bathrooms to align with contemporary buyer preferences and maximize equity.
This home is waiting for you! Single level property Situated in a corner lot, counts with 4 bedrooms, formal living room with skylights , tile throughout the house, eat in kitchen and many more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,081 | 1,614 | 79% |
| Lot Size | 10,758 | 7,325 | 95% |
| Price | $389.9K | $365.0K | 58% |
| Price per sq ft | $187 | $218 | 41% |
| Built year | 1957 | 1980 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 2246 | 1% |
Feb 26, 2026
$389,900
Initial Listing