140 W University Drive, Mesa, AZ 85201

Mesa
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
140 W University Drive,Mesa, AZ 85201
$735,000
  • 9 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: richard f barker, ben petro
Office: keller williams arizona realty
MLS#:7089963
Source:ARMLS

Price summary

  • Price:$735,000

About this home

Investment opportunity! An established, licensed 10-bed residential care facility with a long-term lease and approximately 4.5 years remaining. The single-level property offers approximately 3,400 square feet on a .25-acre lot, with 9 bedrooms and 2 bathrooms configured for its current elderly care operation. Each of the nine bedrooms has a private sink, and ceiling fans are installed throughout the bedrooms. The two bathrooms feature built-out shower areas designed for easier resident access. A dedicated dining room provides a central gathering space, and the kitchen has two refrigerators to support the facility's daily operations. The property also offers a private outdoor sitting area for residents and low-maintenance rock landscaping. The roof was completely redone approximately 4 to 5 years ago following hail damage. No HOA and no pool. Positioned along a high-visibility roadway, the property offers prominent frontage for business signage while maintaining a quieter...

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Home facts

  • Year built:1950
  • Subdivision & Development:MESA ARIZONA
  • Listing ID #:7089963
  • Updated:October 07, 2026 at 05:47 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:2
  • Flooring:Tile

Heating and cooling

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

Structure and exterior

  • Year built:1950
  • Lot area:0.29 Acres
  • Lot Features:Corner, Desert Back, Desert Front, North/South Exposure
  • Architectural Style:Ranch
  • Construction Materials:Block, Painted

Schools

  • High school:Westwood High School
  • Middle school:Carson Junior High School
  • Elementary school:Webster Elementary School

Finances and disclosures

  • Price:$735,000
  • Tax amount:$1,754 (2025)

Features and amenities

  • Laundry features:Washer/Dryer Hook-up Only

Parking

  • Parking description:Side Vehicle Entry
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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