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$635,000 Just Listed
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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.
Full Property Details
Full Property Details for 165 E Lexington Ave
General
- Price: $635,000
- HOA FEE: $280/month
- Taxes: $2,825 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7066549
- Updated: Today (8/14/2026)
- Added to Site: Today
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
- Appliances: Refrigerator, Dishwasher, Electric Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Upstairs Laundry, Wshr/Dry HookUp Only
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1S
- Subdivision: ASPIRE AT HERITAGE DISTRICT
- Cross Streets: GILBERT/ELLIOTT
Community
- Association: Yes
- Assoc. Name: ASPIRE
- Assoc. Fees Include: Maintenance Grounds, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary,
- Builder: Aspire Builders
- Exterior Const.: Brick Veneer, Stucco, Wood Frame, Painted
- Roof: Built-Up
- Common Walls: Two Common Walls
- Windows: Low-Emissivity Windows, Dual Pane, Vinyl Frame
- Sq. Ft. Source: Builder
- Year Built: 2021
Manufactured Home
- Model: ALBRIGHT
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,500
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Desert Back
Financial Considerations
- Association Fee: $280
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,825
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 304-15-891
- Range: 6E
- Section: 7
- Lot Number: 3
Listed by Four Peaks Property Management LLC
Get Pre-Approved Today
Schools
Schools serving 165 E Lexington Ave
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Burk Elementary School 545 North Burk Street, Gilbert, AZ 85234 | PK-6 | 0.3 mi |
Mesquite Jr High School 130 West Mesquite Street, Gilbert, AZ 85233 | 7-8 | 0.9 mi |
Gilbert High School 1101 East Elliot Road, Gilbert, AZ 85234 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 165 E Lexington Ave
Date
Details
Price
Change
Source
8/14/2026
Listed
$635,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 165 E Lexington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,825
—
$31,117
-45%
2025
$2,825
3%
$57,000
-5%
2023
$2,735
3%
$60,050
7%
2022
$2,660
—
$56,070
974%
2022
$2,660
1760%
$5,220
123%
2021
$143
—
$2,340
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 165 E Lexington Ave
165 E Lexington Avenue, Gilbert, AZ 85234 (MLS# 7066549) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 165 E Lexington Avenue is currently listed for $635,000 and was received on August 14, 2026. Want to learn more about 165 E Lexington Avenue? Do you have questions about finding other Townhouse real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

