845 N STANDAGE --, Mesa, AZ 85201, Mesa, 85201 - 5 bed, 3 bath
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Mesa, AZ 85201
This High-Potential Investment Opportunity is listed at a List Price of $475,000, positioned slightly above the $467,076 Fair Market Value. While not a deep discount, the property offers significant value-add potential through cosmetic updates. Featuring Owned Solar and a large 9,013 sqft lot, this home is in Fair Condition Rating, providing a blank canvas for customization. Its strategic location near major freeways and ASU makes it a prime asset for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 N STANDAGE -- Subject | $460,000* List Price | 5 | 3 | 2,114 | $222 | - |
A 1248 W ELLIS Street Active Under Contract | $474,900 List Price | 4 | 2 | 1,768 | $269 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 42 years old (built 1982) and falls into the 'Fair' category as it is dated and requires cosmetic updates. While it features owned solar and functional tile flooring, the presence of popcorn ceilings, visible wall scuffs, and the listing's own admission of needing 'customization' for the remaining areas indicates it is not fully modernized, though it remains livable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9013, living area = 2114.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property includes owned solar panels and has no HOA fees, providing significant monthly utility savings and greater flexibility for the homeowner.
The home is only partially updated, meaning buyers will need to budget for additional time and capital to finish the modernizing process.
While some nearby elementary schools are highly rated, the local assigned junior high and high schools have lower ratings, which may affect appeal for some families.
Owned Solar and No HOA! Partially updated home with five bedrooms and three bathrooms. Opportunity to customize the rest and add your personal touch. Also a good opportunity for investors to buy and hold to rent. Great location near loop 101, loop 202, Sky Harbor, Tempe Market Place, ASU, Riverview, Sloan Park (spring training for the Chicago Cubs and Downtown Mesa.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 2.3 mi
Grades K-6 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,114 | - |
| Lot Size | 9,013 | - |
| Price | $460.0K | $476.2K |
| Price per sq ft | $218 | $271 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 2611 |
Jun 20, 2026
$460,000
$475,000
-3% Price Drop
Initial Listing
Jun 8, 2026
$475,000
Initial Listing