921 W UNIVERSITY Drive 1030, Mesa, AZ 85201, Mesa, 85201 - 2 bed, 3 bath
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Mesa, AZ 85201
This Updated Dual-Suite Condominium presents a High-Potential Investment Opportunity with a List Price of $249,900—positioned well below the $372,570 Fair Market Value by 32%. This significant valuation gap provides $122,670 in Instant Equity. Boasting a Condition Rating of 3, the interior features brand-new carpet and wood-look flooring. The layout includes dual primary en-suites, making it a high-demand rental near ASU and the Light Rail. Located near a 9/10 rated elementary school, this turnkey residence is perfect for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 921 W UNIVERSITY Drive 1030 Subject | $249,900* List Price | 2 | 3 | 1,046 | $356 | - |
A 921 W UNIVERSITY Drive 1218 Sold | $240,000 | 2 | 3 | 1,046 | $229 | 0.1 mi |
B 510 N ALMA SCHOOL Road 159 Active | $300,000 List Price | 3 | 3 | 1,112 | $270 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several recent cosmetic updates. While originally built in 1987, the interior boasts brand new carpeting, updated wood-look flooring in the main living areas, and modern black ceiling fans. The kitchen has been refreshed with contemporary black appliances and painted cabinetry, and the bathrooms appear functional and clean. The overall condition shows minimal wear and tear, meeting the criteria for a well-maintained home that does not require immediate renovation.
Elementary School: Franklin Elementary School (9/10).
The floor plan features two spacious upstairs bedrooms, each equipped with its own private en-suite bathroom, providing an ideal layout for roommates, guests, or high-demand rental opportunities.
Ideally situated near ASU, the Cubs Spring Training Facility, and the light rail, this property offers exceptional convenience for students, commuters, and sports enthusiasts.
The assigned middle and high schools currently hold lower performance ratings, which may be a deterrent for families prioritizing specific academic metrics.
With 1,046 square feet divided over two levels, the individual living spaces may feel more restricted compared to single-story units or more modern open-concept designs.
Best priced model match in the complex! Recently improved price! Move-in ready near ASU & Cubs Spring Training Facility! Tucked toward the back of the complex for added privacy, this desirable two-story unit offers comfort, convenience, and a serene setting surrounded by lush, mature trees and greenbelts. Inside, you'll find brand new carpet and an inviting living area featuring a cozy fireplace -- perfect for relaxing evenings at home. The functional layout includes two spacious primary bedrooms upstairs, each with its own private bathroom, making it ideal for roommates, guests, or flexible living arrangements. The community offers two separate entrances into the complex for added accessibility and convenience, along with covered parking and a sparkling community pool nearby with ... a designated dog area adds to the lifestyle appeal. Situated near the light rail, this location makes commuting simple while still providing a peaceful, tree-lined atmosphere. A rare opportunity in a well-maintained community don't miss it!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.4 mi
Grades K-6 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,046 | 1,000 | 80% |
| Lot Size | 51 | 910 | 20% |
| Price | $249.9K | $120.0K | 80% |
| Price per sq ft | $239 | $115 | 60% |
| Built year | 1987 | 1986 | 60% |
| HOA | $258 | $220 | 80% |
| Days on market | 69 | 1626 | 10% |
Feb 12, 2026
$249,900
Initial Listing