901 E UNIVERSITY Drive, Mesa, AZ 85203, Mesa, 85203 - 6 bed, 3 bath
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Mesa, AZ 85203
This Versatile Multi-Use Estate is listed at $1,000,000, representing a specialized asset priced with stability relative to its $950,885 Fair Market Value. Spanning a rare 0.7-acre double lot, the property offers nearly 4,000 sqft of functional space with a Condition Rating of 4, featuring well-maintained institutional finishes. With 6+ bedrooms, 11 gated parking spaces, and a sport court, the infrastructure is perfectly suited for a treatment center or professional offices. Its location near the 9/10 rated Franklin Elementary School ensures long-term desirability. This is a strategic acquisition for Specialty Care Providers or Value-Add Investors.
Property is moderate renovation needed.
Built in 1951, the property is well-maintained but shows its age with institutional-style finishes and dated features. While functional for its current use as a facility or office space, the bathrooms are basic and utilitarian, and the interior lighting and flooring lack modern residential appeal. It meets the 'fair' criteria as an aged property maintained through regular upkeep but requiring updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30235, living area = 3941.
Elementary School: Franklin Elementary School (9/10).
With nearly 4,000 sqft, 6+ bedrooms, and gated parking for 11 vehicles, this property is uniquely positioned for diverse uses such as a treatment center, counseling offices, or a large-scale home business.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =30235, other record lot size in square feet = 15362.
Originally built in 1951, the property likely requires significant capital improvements to modernize core systems and aesthetics to align with its million-dollar price point.
The presence of only 2.5 to 3 bathrooms for a 6+ bedroom home creates a functional imbalance that may necessitate additional plumbing renovations for residential or commercial use.
Come see this amazing property in Mesa. Nearly 4000 sq. ft. on a double lot that is .7 of an acre total. Many potential uses of this great home. 6 plus bedrooms plus large family and living rooms along with 2.5 baths and enclosed garage currently set up as a gym. Commercial potential too. Great set up for a treatment center, counseling or business offices. The rear parking is gated and has approx 11 spaces. The property sits on 2 lots and the 2nd lot is currently a sport court. Buyer to verify all info.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 89% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 3,941 | 2,283 | 91% |
| Lot Size | 30,235 | 10,866 | 93% |
| Price | $1.00M | $410.0K | 95% |
| Price per sq ft | $254 | $219 | 64% |
| Built year | 1951 | 1981 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 2132 | 1% |
Mar 4, 2026
$1,000,000
Initial Listing