$635,000
165 E LEXINGTON Avenue
- Price per sqft
- $302/sqft
- Listed
- Aug 13, 2026
- Since listed
- 35 days
- Lot
- 1,500 sqft lot
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.
From ARMLS
Property details
Home & layout
- Property type
- Townhouse
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,106 sqft
- Year built
- 2021
- Stories
- 2
Interior
- Interior features
- High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
- Flooring
- Carpet, Tile
- Laundry
- Upstairs Laundry, Wshr/Dry HookUp Only
- Windows
- Low-Emissivity Windows, Dual Pane, Vinyl Frame
Systems & utilities
- Heating
- Electric
- Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
- Sewer
- Public Sewer
- Water source
- City Water
Lot, exterior & construction
- Lot size
- 1,500 sqft lot
- Lot features
- North/South Exposure, Desert Back
- Construction
- Brick Veneer, Stucco, Wood Frame, Painted
- Roof
- Built-Up
- Patio & porch
- Patio
- Fencing
- None
- Spa
- None
Parking & access
- Garage
- 2 spaces
- Carport
- 0 spaces
- Covered parking
- 2 spaces
- Parking features
- Garage Door Opener, Direct Access
Community & lifestyle
- Subdivision
- ASPIRE AT HERITAGE DISTRICT
- Community features
- Pool, Gated, Near Bus Stop, Biking/Walking Path
- HOA
- $280 monthly
- HOA name
- ASPIRE
Location
Explore the neighborhood
165 E LEXINGTON Avenue, Gilbert, AZ 85234
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Schools
- Elementary
- Neely Traditional Academy
- Middle
- Mesquite Jr High School
School assignments can change and are not guaranteed. Please verify enrollment directly with the district.
Listing information
- Status
- Active
- MLS number
- 7066549
- Listed
- Aug 13, 2026
- Last updated
- Aug 14, 2026, 4:00 AM MST
- County
- Maricopa
- Tax year
- 2025
- Listing terms
- Cash, Conventional, FHA
- Possession
- Close of Escrow
- Special conditions
- N/A
- Listing agent
- Blaine l Jarvis
- Listing brokerage
- Four Peaks Property Management LLC
Listing courtesy of Blaine l Jarvis, Four Peaks Property Management LLC.