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28 days on market

5808 E BROWN Road Unit 68

5808 E BROWN Road Unit 68, Mesa, AZ, 85205

$299,000
$234 / sq ft
3
Beds
3
Baths
1,280
Sq Ft
1994
Year Built
Townhouse
Property Type
$234
Price / Sq Ft

About this residence

East Mesa's Alta Mesa corridor has quietly become one of the more dependable rental markets in the Valley. Established infrastructure, strong school proximity, easy freeway access via the 202, and consistent tenant demand make this pocket of 85205 a reliable hold for investors who know where to look. This three bedroom, two and a half bathroom townhome is currently occupied with a paying tenant at $1,795 per month, meaning the income starts on day one. No lease up period, no vacancy to absorb, and the AC unit was replaced in 2023. The two story layout with an enclosed private patio, all appliances included, and a convenient half bath on the main level makes it the kind of unit that attracts and retains quality long term tenants. Three bedrooms with two and a half bathrooms at this price point is a combination that rents well and stays rented. The Alta Mesa area draws tenants who want proximity to Red Mountain High School, walkable conveniences, and a neighborhood that feels stable and lived in rather than transient. That profile tends to produce lower turnover, which is exactly what you want in a buy and hold asset. Entry is accessible. The rent is already in place. And east Mesa is not going anywhere. For an investor looking to add a performing, low maintenance unit in a proven rental corridor without having to piece it together yourself, this is the kind of opportunity worth moving on.

Building & HOA

Building
Cortina Vista Amd
Year built
1994
HOA dues
$195 / mo
Property type
Townhouse
MLS #
7039816
Status
Active

Property details

From ARMLS

Interior

Features
Eat-in KitchenFull Bth Master Bdrm

Heating & cooling

Cooling
Central Air
Heating
Electric

Construction & style

Stories
2
Construction
StuccoWood FramePainted
Roof
Tile

Schools

District
Mesa Unified District
Elementary
Mendoza Elementary School
High school
Red Mountain High School

Exterior & lot

Lot
Grass Front
Lot size
850 sq ft · 0.02 acres
Fencing
Other

Location & community

County
Maricopa

Listing provided courtesy of Barrett Real Estate (480-864-2100).

Location

Map showing 5808 E BROWN Road Unit 68

5808 E BROWN Road Unit 68

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Data via HomeJunction SlipStream. Display subject to MLS terms. Information deemed reliable but not guaranteed.