Stewart Ray

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Listing provided courtesy of Realty of America LLC- MLS# 7022213MLS Provider

545 E UNIVERSITY DriveMesa, AZ 85203

Single Family · 3 Beds · 1 Full Bath · 1 Half Bath · 1,425 Sq. ft. | 0.18 Acres
$399,000 Active

545 E UNIVERSITY Drive Overview

Time on Site:
59 days
Visits:
15

Newly renovated exterior! This property offers an exceptional opportunity for a homeowner looking to turn this back into a home OR owner-users or investors seeking a well-located asset. It has been recently used as a small office for a mortgage firm but can accommodate other businesses or be turned into a home again (verify with city of Mesa). Situated on a heavily trafficked road, the property benefits from strong daily exposure and convenient access to surrounding business and residential areas. The building features fresh exterior paint, enhancing its curb appeal, along with attractive front yard landscaping complemented by low-maintenance desert plants. The property offers a functional parking layout with six private parking spaces located in the rear, as well as additional parking available in the front for clients and visitors.

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545 E UNIVERSITY Drive Facts & Features

  • Type Single Family
  • Sq. ft. 1,425
  • Price/Sq.ft. $280
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association Fee Includes: No Fees
  • Association: false

School Information

  • School District: Mesa Unified District
  • Elementary School: Edison Elementary School
  • Middle Or Junior School: Kino Junior High School
  • High School: Westwood High School

Building Information

  • Builder Name: Unknown
  • Year Built: 1965

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Mesa
  • Subdivision Name: Unknown
  • Township: 1N

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $1,928.00
  • Tax Year: 2025

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Owner May Carry,Cash,Conventional,1031 Exchange,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 138-25-099
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Building Area Source: Assessor

General Information

  • Fireplace: false
  • Laundry Features: None
  • Living Area: 1425.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Spa Features: None
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 6.0

Lot Information

  • Lot Features: Desert Front
  • Lot Size Acres: 0.18
  • Lot Size Area: 7788.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7788.0
  • Lot Size Units: Square Feet
  • Water Source: City Water

Building Exterior/Construction

  • Construction Materials: Stucco,Wood Frame
  • Property Attached: false
  • Roof: Composition

General Information

  • Fencing: Block
  • Horse: false
  • Pool Private: false
  • Sewer: Public Sewer

545 E UNIVERSITY Drive Neighborhood

Community

85203 (Mesa) Demographics

32
Median Age
4,161
Population Density (per sq. mile)
34%
College Educated
$60,412
Estimated Median Income
7,192
Estimated Total Home Owners
5,931
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

545 E UNIVERSITY Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

545 E UNIVERSITY Drive Market Data

Based on the last 30 days in this zip code

$523,056
Average List Price
$266
Average Price per Square Foot
22
Properties Sold
65
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

545 E UNIVERSITY Drive History

Date Event Value Agent
5/25/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$399,000 -7.0%
5/25/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$399,000 -7.0%
5/1/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
May 01, 2026
3/24/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
March 24, 2026