165 E Lexington Avenue, Gilbert, AZ 85234

Gilbert
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
165 E Lexington Avenue,Gilbert, AZ 85234
$635,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Townhouse
  • Active
Listed by: blaine l jarvis
Office: four peaks property management llc.
MLS#:7066549
Source:ARMLS

Price summary

  • Price:$635,000
  • 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:November 11, 2026 at 04:30 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Flooring:Carpet, Tile

Heating and cooling

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

Structure and exterior

  • Year built:2021
  • 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

Finances and disclosures

  • Price:$635,000
  • 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.

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