5808 E Brown Road Unit 68, Mesa, AZ 85205
- $299,000
- 3
- BD
- 3
- BA
- 1,280
- SqFt
- List Price
- $299,000
- Days on Market
- 47
- Status
- ACTIVE
- MLS#
- 7039816
- City
- Mesa
- Bedrooms
- 3
- Bathrooms
- 3
- Living SQFT
- 1,280
- Lot Size
- 850
- Subdivision
- Cortina Vista Amd
- Year Built
- 1994
- Type
- Townhouse
Property Description
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.
Additional Information
- Elementary School
- Mendoza Elementary School
- High School
- Red Mountain High School
- Middle School
- Shepherd Junior High School
- Acres
- 0.02
- Assoc Fee Includes
- Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Trash, Front Yard Maint, Maintenance Grounds
- Hoa Fee
- $195
- Hoa Fee Frequency
- Monthly
- Hoa
- Yes
- Hoa Name
- Cortina Vista HOA
- Builder Name
- Unknown
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Central Air
- Fencing
- Other
- Flooring
- Laminate
- Heating
- Electric
- Living Area
- 1,280
- Lot Size
- 850
- New Financing
- Cash, Conventional
- Lot Features
- Grass Front
- Roofing
- Tile
- Spa
- None
- Stories
- 2
- Subdivision
- Cortina Vista Amd
- Taxes
- $826
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of Barrett Real Estate.
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