Mesa, AZ 85201,554 W RIO SALADO Parkway
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$ 595,000
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554 W RIO SALADO Parkway Mesa, AZ 85201

2 Beds

1 Bath

1,342 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,342 sqft

Price per Sqft $443

Subdivision Unknown

MLS Listing ID 6973576

Bedrooms 2

HOA Y/N No

Year Built 1947

Annual Tax Amount $1,066

Tax Year 2025

Lot Size 0.457 Acres

Acres 0.46

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

This expansive lot is zoned Multi‑Family (MF), currently, offering incredible flexibility for your future. The existing home needs a full renovation with the potential, to add additional units in the back in the future redevelop. Located in a close knit family oriented community, the property is within walking distance to Elementary, Junior High and High Schools. Listing agent can provide general contractor information to assist with remodel completion. There is only $100K allowance included in this price! At this stage Buyer can be involved in selection items/upgrades. A renewed permit is necessary as owner has demolition permit in process, that would need revoked, if Buyer wants to remodel and live in the home. The home may need additional funds according to Buyer's upgrades. SEE The $100k is an estimate only, BEWARE! This is an entire remodel, to become FHA approved for finance. The current structure is being sold as-is, with the value primarily in the land and the current condition of the home needs a full remodel!! Ideal for builders, investors, or buyers looking to renovate or redevelop. Buyer to perform all due diligence regarding zoning, permits, and future use. Please reach out to discuss. A rare chance to restore or reimagine this home on this desirable lot. This project is offering a blank canvas for customization, expansion, or redevelopment. Perfect for buyers seeking a project in a sought-after location.
Seller makes no representations regarding condition of the structure. Utilities, systems, and appliances have not been tested. Buyer responsible for verifying all development possibilities.

Location Highlights:

"Centrally situated near Mesa Riverview and Tempe Marketplace
"Only 5 miles to ASU campus.
"Easy access to Loop 101 and Loop 202 freeways
"Just down the street from the Chicago Cubs Spring Training Stadium

"Surrounded by shopping, dining, and entertainment options
Whether you choose to renovate, redevelop, or pursue the four plex plans, townhome lots, this property offers exceptional potential in a thriving area. A rare opportunity to capitalize on Mesa's growth with multiple exit strategies available!

Location

State AZ

County Maricopa

Community Unknown

Area Maricopa

Direction North 202 freeway to Alma School exit, go South to Rio Salado Pkwy and turn left. Property is approximately 3/4 mile on your left.

Rooms

Den/Bedroom Plus 2

Separate Den/Office N

Interior

Interior Features 3/4 Bath Master Bdrm

Heating Electric

Cooling Central Air

Flooring Flooring

Fireplace No

SPA None

Laundry Other

Exterior

Carport Spaces 2

Fence Chain Link

Utilities Available SRP

Roof Type Composition

Private Pool No

Building

Lot Description Dirt Front, Dirt Back

Story 1

Builder Name unknown

Sewer Public Sewer

Water City Water

New Construction No

Schools

Elementary Schools Emerson Elementary School

Middle Schools Carson Junior High School

High Schools Westwood High School

School District Mesa Unified District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 135-16-041

Ownership Fee Simple

Acceptable Financing Owner May Carry, Cash, Conventional, VA Loan, Trade

Horse Property N

Disclosures None

Possession Close Of Escrow

Listing Terms Owner May Carry, Cash, Conventional, VA Loan, Trade


Arizona Regional MLS (ARMLS)
Listed by West USA Realty

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Summit Academy

    Public | KG - 8

  • 10

    Neely Traditional Academy

    Public | PK - 6

  • 9

    Ward Traditional Academy

    Public | KG - 8

  • 9

    Fuller Elementary School

    Public | KG - 5

  • 9

    Franklin at Alma Elementary School

    Public | KG - 8

  • 9

    Franklin Elementary School

    Public | KG - 6

  • 9

    Hermosa Vista Elementary School

    Public | PK - 6

  • 8

    C. I. Waggoner Elementary School

    Public | PK - 5

  • 8

    Hudson Elementary School

    Public | KG - 5

  • 8

    Pima Elementary School

    Public | PK - 6

  • 8

    Hohokam Traditional School

    Public | PK - 6

  • 8

    Pomeroy Elementary School

    Public | PK - 6

  • 8

    Franklin West Elementary School

    Public | KG - 6

  • 8

    Playa del Rey Elementary School

    Public | PK - 6

  • 8

    Eduprize School Gilbert

    Public | KG - 12

  • 8

    Macarthur Elementary School

    Public | KG - 6

  • 8

    Mesquite Elementary School

    Public | KG - 6

  • 8

    Highland Elementary School

    Public | PK - 6

  • 8

    Patterson Elementary School

    Public | PK - 6

  • 8

    Val Vista Lakes Elementary School

    Public | PK - 6

Middle Schools 20
  • 9

    Tempe Preparatory Academy

    Public | 7 - 12

  • 9

    Stapley Junior High School

    Public | 7 - 9

  • 8

    Mohave Middle School

    Public | 6 - 8

  • 8

    Poston Junior High School

    Public | 7 - 9

  • 7

    James Madison Preparatory School

    Public | 7 - 12

  • 7

    Mesquite Jr High School

    Public | 7 - 8

  • 7

    Gilbert Early College a Leading Edge High School

    Public | 6 - 12

  • 7

    Great Hearts Academies - Mesa Preparatory

    Public | 6 - 12

  • 6

    Kyrene Middle School

    Public | 6 - 8

  • 6

    Heritage Academy

    Public | 7 - 12

  • 6

    Taylor Junior High School

    Public | 7 - 9

  • 5

    Fees College Preparatory Middle School

    Public | 6 - 8

  • 5

    Grand Canyon College Preparatory Charter School

    Public | 6 - 12

  • 5

    Connolly Middle School

    Public | 6 - 8

  • 4

    Rhodes Junior High School

    Public | 7 - 9

  • 4

    Carson Junior High School

    Public | 7 - 9

  • 4

    Sequoia Secondary School

    Public | 7 - 12

  • 4

    Kino Junior High School

    Public | 7 - 8

  • 1

    Edoptions High School

    Public | 7 - 12

  • 1

    Salt River High School

    Public | 7 - 12

High Schools 20
  • 7

    McClintock High School

    Public | 9 - 12

  • 7

    Mesquite High School

    Public | 9 - 12

  • 7

    Gilbert Global Academy High School

    Public | 9 - 12

  • 7

    Mountain View High School

    Public | 9 - 12

  • 7

    Gilbert High School

    Public | 9 - 12

  • 6

    Marcos de Niza High School

    Public | 9 - 12

  • 5

    New School for the Arts

    Public | 9 - 12

  • 5

    Dobson High School

    Public | 9 - 12

  • 4

    Westwood High School

    Public | 9 - 12

  • 4

    Mesa High School

    Public | 9 - 12

  • 3

    Coronado High School

    Public | 9 - 12

  • 2

    Pinnacle Charter High School

    Public | 9 - 12

  • 2

    Edoptions Aoi Program

    Public | 9 - 12

  • 1

    Student Choice High School

    Public | 9 - 12

  • 1

    Kaizen Education Foundation Dba Quest High School

    Public | 9 - 12

  • 1

    East Valley Academy

    Public | 9 - 12

  • 1

    Kaizen Education Foundation Dba el Dorado High School

    Public | 9 - 12

  • 1

    Academy With Community Partners

    Public | 9 - 12

  • 0

    International Commerce High School - Tempe

    Public | 9 - 12

  • 0

    Humanities and Science High School - Tempe

    Public | 9 - 12

School and business data provided by Attom Data.
Mike Domer L

Mike Domer L

Agent | License ID: SA694944000

+1(602) 488-1227

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554 W RIO SALADO Parkway