165 E Lexington Ave

Gilbert, AZ 85234
  • $635,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 2,106

    SqFt

About the Listing fourpks001 - bj094

Investors--don't miss this rare opportunity! This is one of the limited homes in Aspire Heritage District currently approved for long-term rental use. With the HOA limiting the number of investment-owned rental properties, opportunities like this may be difficult to find again. Currently leased for $2,645/month through April 30, 2027, providing immediate rental income for the new owner. Important: To maintain its status as an approved Long-Term Investment Owned Unit, the home must remain leased in accordance with HOA requirements. Short-term rentals are not permitted. Buyer to verify all HOA rental requirements, restrictions, and transfer/continued eligibility provisions.

Listing Highlights

Status Active
Days on Site 25
Property Type Condo/Townhome
MLS ® 7066549
Year Built 2021
Total Square Footage 2,106
Lot/Acreage 0.03
County Maricopa
HOA Dues 280/Monthly
School District Gilbert Unified District
Elementary School Neely Traditional Academy
Middle School Mesquite Jr High School
High School Gilbert High School

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central Air,Ceiling Fan(s),Programmable Thmstat
  • Heating: Electric
  • Fireplaces:
  • Floor: Carpet,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: High Speed Internet,Granite Counters,Double Vanity,Upstairs,Breakfast Bar,Kitchen Island,Pantry,3/4 Bath Master Bdrm
  • Water: City Water

Exterior Details

  • Lot Description: North/South Exposure,Desert Back
  • Garage Capacity: 2 car
  • Roof: Built-Up
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Direct Access

Financial Details

  • Tax Amount: $2,825
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 304-15-891
  • Tax Year: 2025

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Questions About..

165 E Lexington Ave Gilbert, AZ 85234

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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Shanna Day Team

Operator & Expansion Partner | Shanna Day Team | Keller Williams Realty Phoenix

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