140 W UNIVERSITY Drive, Mesa AZ 85201
$735,000
Brokerage: Ivy Realty(623) 299-4954
1 / 28Home facts
- Price
- $735,000
- Status
- Active
- Beds
- 9
- Baths
- 2
- Lot
- 12,780 sq ft
- Year built
- 1950
- Type
- A · Single Family Residence
- Stories
- 1
- Pool
- No
- Water
- City Water
- Sewer
- Sewer - Public
- HOA
- None
- Subdivision
- MESA ARIZONA
- MLS #
- 7089963
Listed by Keller Williams Arizona Realty · 480-999-6250
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
Investment opportunity! An established, licensed 10-bed residential care facility with a long-term lease and approximately 4.5 years remaining. The single-level property offers approximately 3,400 square feet on a .25-acre lot, with 9 bedrooms and 2 bathrooms configured for its current elderly care operation. Each of the nine bedrooms has a private sink, and ceiling fans are installed throughout the bedrooms. The two bathrooms feature built-out shower areas designed for easier resident access. A dedicated dining room provides a central gathering space, and the kitchen has two refrigerators to support the facility's daily operations. The property also offers a private outdoor sitting area for residents and low-maintenance rock landscaping.
Features
Roof
Composition
Sewer
Sewer - Public
Cooling
Central Air, Ceiling Fan(s)
Heating
Electric
Flooring
Tile
WaterSource
City Water
ParkingFeatures
Side Vehicle Entry
InteriorFeatures
High Speed Internet, No Interior Steps, Laminate Counters
CommunityFeatures
Near Bus Stop
ArchitecturalStyle
Ranch
ConstructionMaterials
Painted, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 453 W 3RD Place | Sep 29, 2026 | $310,000 | 3/2 | — | Real Broker |
| 1001 N PASADENA 58 | Sep 23, 2026 | $264,900 | 2/2 | — | Realty ONE Group |
| 831 N ROBSON | Sep 22, 2026 | $442,000 | 3/2 | — | Opendoor Brokerage, LLC |
| 120 W 2ND Street | Sep 21, 2026 | $405,000 | 2/1 | — | E & G Real Estate Services |
| 1001 N PASADENA 10 | Sep 21, 2026 | $265,000 | 2/2 | — | DeLex Realty |
| 718 W 3RD Place | Sep 16, 2026 | $407,757 | 4/2 | — | eXp Realty |
Source: ARMLS IDX via Ivy Realty, updated Oct 6, 10:47 AM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).