554 W Rio Salado Parkway, Mesa, AZ 85201

$280,000
2
BD
2
BA
1,342
SqFt

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Sold Price
$280,000
List Price
$315,500
Closing Date
Dec 18, 2024
Days on Market
213
Status
CLOSED
MLS#
6708280
City
Mesa
Bedrooms
2
Bathrooms
2
Living SQFT
1,342
Lot Size
19,922
Subdivision
Unk
Year Built
1947
Type
Single Family Residence

Property Description

Huge lot zoned MF! Renovate this home or demo everything and build a Multi-Family property! Plans for a four-plex have already been started and available at not extra cost if you wish to proceed with building a 4 Plex. Had to go through (DIP) review which is a Development Incentive Permit with the City of Mesa and it was pre-approved through the City Council and only a few things need to be completed for the DIP process and to move forward with plan review with the planning and development department at City of Mesa. Property is centrally located and close to Mesa Riverview shopping center, Tempe Marketplace, the 101 and the 202 and down the street from the Cubs stadium! It is a great area and has lots of potential with whichever exit strategy is chosen.

Additional Information

Elementary School
Eisenhower Center For Innovation
High School
Westwood High School
Middle School
Mesa Junior High School
Acres
0.46
Assoc Fee Includes
No Fees
Builder Name
unk
Construction
Wood Frame, Painted
Cooling
Central Air
Electric
220 Volts in Kitchen
Fencing
Chain Link
Heating
Electric
Laundry
Washer Hookup
Living Area
1,342
Lot Size
19,922
New Financing
Cash
Lot Features
Dirt Front, Dirt Back
Roofing
Composition
Spa
None
Stories
1
Subdivision
Unk
Taxes
$1,070
Tax Year
2023
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Balboa Realty, LLC. Selling Office: RE/MAX Excalibur.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.