$469,990
6312 E Preston Street
- Price per sqft
- $378/sqft
- Listed
- Aug 21, 2026
- Since listed
- 26 days
- Lot
- 8,945 sqft lot
Home highlights
- Single-story
- Private pool
- RV gate
- 1 fireplace
- No HOA
About this home
Investor's dream -- estimated 7.2% cap rate, both units rented! Rare find with guest house and pool. Well-maintained 3BR/2BA home (1,244 sf, central A/C) in a quiet neighborhood, with the option to rent the private 279 sf guest house (1,544 sf total) -- rent both or let it help pay your mortgage: potential $2,300 + $1,300/mo if rented separately. Split floor plan, remodeled kitchen w/ Shaker cabinets & quartz counters, Saltillo tile, upgraded LVP in bedrooms. Covered, shaded patio & Pebble Tec pool. Guest house has its own mini-split, kitchenette, bath. Optional fence can separate units. Plus: water softener, whole-house filter, plumbing loop, RV gate. Currently tenant-occupied at $2,300/mo total. Seller is owner/agent.
From ARMLS
Property details
Home & layout
- Property type
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,244 sqft
- Year built
- 1992
- Stories
- Single-story
Interior
- Interior features
- Non-laminate Counter, Quartz Countertops, High Speed Internet, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
- Flooring
- Vinyl, Tile
- Fireplaces
- 1
- Windows
- Screens, Dual Pane
Systems & utilities
- Heating
- Electric
- Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
- Utilities
- Other
- Sewer
- Public Sewer
- Water source
- City Water
Lot, exterior & construction
- Lot size
- 8,945 sqft lot
- Lot features
- North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back
- Construction
- Stucco, Wood Frame, Painted
- Roof
- Tile
- Patio & porch
- Covered Patio(s), Patio
- Fencing
- Block
- Other structures
- Separate Guest House
- Pool
- Outdoor, Play Pool
- Spa
- None
Parking & access
- Garage
- 2 spaces
- Carport
- 0 spaces
- Covered parking
- 2 spaces
- Parking features
- Attached Garage, RV Gate
- RV gate
- Yes
Community & lifestyle
- Subdivision
- RIDGEVIEW UNIT 2 LOT 131-282
Location
Explore the neighborhood
6312 E Preston Street, Mesa, AZ 85215
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Schools
- Elementary
- Red Mountain Ranch Elementary
School assignments can change and are not guaranteed. Please verify enrollment directly with the district.
Listing information
- Status
- Active
- MLS number
- 7069676
- Listed
- Aug 21, 2026
- Last updated
- Sep 15, 2026, 7:47 AM MST
- County
- Maricopa
- Previous tracked price
- $489,950
- Verified price reduction
- $19,960 (4.1%)
- Price reduced
- Sep 15, 2026
- Tax year
- 2025
- Listing terms
- Cash, Conventional, 1031 Exchange, FHA, VA Loan
- Possession
- Close of Escrow, Subject To Tenant Rights
- Special conditions
- Owner/Agent
- Listing agent
- Jeffrey Wang
- Listing brokerage
- Coldwell Banker Realty
Listing courtesy of Jeffrey Wang, Coldwell Banker Realty.