165 E Lexington Avenue, Gilbert, AZ 85234
- $635,000
- 3
- BD
- 3
- BA
- 2,106
- SqFt
- List Price
- $635,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 7066549
- City
- Gilbert
- Bedrooms
- 3
- Bathrooms
- 3
- Living SQFT
- 2,106
- Lot Size
- 1,500
- Subdivision
- Aspire At Heritage District
- Year Built
- 2021
- Type
- Townhouse
Property Description
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.
Additional Information
- Elementary School
- Neely Traditional Academy
- High School
- Gilbert High School
- Middle School
- Mesquite Jr High School
- Acres
- 0.03
- Architecture
- Contemporary
- Assoc Fee Includes
- Maintenance Exterior, Maintenance Grounds
- Hoa Fee
- $280
- Hoa Fee Frequency
- Monthly
- Hoa
- Yes
- Hoa Name
- ASPIRE
- Builder Name
- Aspire Builders
- Community Features
- Gated, Near Bus Stop, Biking/Walking Path
- Construction
- Wood Frame, Painted, Stucco, Brick Veneer
- Cooling
- Ceiling Fan(s), Central Air, Programmable Thmstat
- Fencing
- None
- Flooring
- Carpet, Tile
- Garage Spaces
- 2
- Heating
- Electric
- Laundry
- Washer Hookup, Upstairs Laundry
- Living Area
- 2,106
- Lot Size
- 1,500
- Model
- ALBRIGHT
- New Financing
- Cash, FHA, Conventional
- Other Rooms
- Loft
- Parking Features
- Garage Door Opener, Direct Access
- Lot Features
- North/South Exposure, Desert Back
- Roofing
- Built-Up
- Spa
- None
- Stories
- 2
- Style
- Contemporary
- Subdivision
- Aspire At Heritage District
- Taxes
- $2,825
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of Four Peaks Property Management LLC.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.