165 E Lexington Avenue, Gilbert, AZ 85234
- $635,000
- 3
- BD
- 3
- BA
- 2,106
- SqFt
- List Price
- $635,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- 7066549
- Subtype
- Residential
- Style
- Contemporary
- Year Built
- 2021
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 2,106
- Lot Size
- 1,500
- Acres
- 0.03
- Subdivision
- Aspire At Heritage District
Property Description
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.
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Additional Information
- Interior Features
- 3/4 Bath Master Bdrm, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, High Speed Internet, Upstairs
- Taxes
- $2,825
- HOA Fee
- $280
- HOA Freqency
- Monthly
- Property Description
- Contemporary
- Flooring
- Carpet, Tile
- Heating
- Electric
- Air Conditioning
- Ceiling Fan(s), Central Air, Programmable Thmstat
- Exterior Construction
- Wood Frame, Painted, Stucco, Brick Veneer
- Stories
- 2
- Parking Features
- Garage Door Opener, Direct Access
- Garage Spaces
- 2
- Elementary School
- Neely Traditional Academy
- Middle School
- Mesquite Jr High School
- High School
- Gilbert High School
Mortgage Calculator
Listing courtesy of Listing Agent: Blaine l Jarvis (480-433-6163) from Listing Office: Four Peaks Property Management LLC.
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.