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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$299,000

Est. payment - /mo

3 Beds

2.5 Baths

1,280 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $233

Subdivision Cortina Vista Amd

MLS Listing ID 7039816

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $262/mo

HOA Y/N Yes

Year Built 1994

Annual Tax Amount $826

Tax Year 2025

Lot Size 850 Sqft

Acres 0.02

Property Sub-Type Townhouse

Source Arizona Regional Multiple Listing Service (ARMLS)

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.

Location

State AZ

County Maricopa

Community Cortina Vista Amd

Area Maricopa

Rooms

Master Bathroom true

Den/Bedroom Plus 3

Separate Den/Office N

Interior

Interior Features Eat-in Kitchen, Full Bth Master Bdrm

Heating Electric

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Oven

SPA None

Exterior

Carport Spaces 1

Fence Other

Utilities Available SRP

Roof Type Tile

Private Pool No

Building

Lot Description Grass Front

Story 2

Builder Name Unknown

Sewer Public Sewer

Water City Water

New Construction No

Schools

Elementary Schools Mendoza Elementary School

Middle Schools Shepherd Junior High School

High Schools Red Mountain High School

School District Mesa Unified District

Others

HOA Name Cortina Vista HOA

HOA Fee Include Roof Repair,Insurance,Maintenance Grounds,Front Yard Maint,Trash,Roof Replacement,Maintenance Exterior

Senior Community No

Tax ID 141-89-268

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Horse Property N

Disclosures Seller Discl Avail

Possession Close Of Escrow

Listing Terms Cash, Conventional

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Listed by Barrett Real Estate • Mason Weiss

NEARBY SCHOOL & BUSINESS

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5808 E BROWN Road #68 Mesa, AZ 85205