165 E Lexington Avenue, Gilbert, AZ 85234

Gilbert
Local realty services provided by:Success Property Brokers ERA Powered
165 E Lexington Avenue,Gilbert, AZ 85234
$635,000
  • 3 Beds
  • 3 Baths
  • 2,106 sq. ft.
  • Townhouse
  • Active
Listed by: blaine l jarvis
Office: four peaks property management llc.
MLS#:7066549
Source:ARMLS

Price summary

  • Price:$635,000
  • Price per sq. ft.:$301.52
  • Monthly HOA dues:$280

About this home

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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Home facts

  • Year built:2021
  • Subdivision & Development:ASPIRE AT HERITAGE DISTRICT
  • Listing ID #:7066549
  • Updated:August 22, 2026 at 03:37 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Flooring:Carpet, Tile
  • Living area:2,106 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Programmable Thermostat
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:2021
  • Building area:2,106 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Desert Back, North/South Exposure
  • Architectural Style:Contemporary
  • Construction Materials:Brick Veneer, Painted, Stucco

Schools

  • High school:Gilbert High School
  • Middle school:Mesquite Jr High School
  • Elementary school:Neely Traditional Academy

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$635,000
  • Price per sq. ft.:$301.52
  • Tax amount:$2,825 (2025)

Features and amenities

  • Laundry features:Upstairs Laundry, Washer/Dryer Hook-up Only
  • Amenities:Vinyl Frame

Parking

  • Garage:Yes
  • Garage spaces:2
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Byron Short

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