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$429,000 Just Listed
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Property Description
Newly renovated exterior! This property offers an exceptional opportunity for a homeowner looking to turn this back into a home OR owner-users or investors seeking a well-located asset. It has been recently used as a small office for a mortgage firm but can accommodate other businesses or be turned into a home again (verify with city of Mesa). Situated on a heavily trafficked road, the property benefits from strong daily exposure and convenient access to surrounding business and residential areas. The building features fresh exterior paint, enhancing its curb appeal, along with attractive front yard landscaping complemented by low-maintenance desert plants. The property offers a functional parking layout with six private parking spaces located in the rear, as well as additional parking available in the front for clients and visitors.
Full Property Details
Full Property Details for 545 E University Dr
General
- Price: $429,000
- Taxes: $1,928 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7022213
- Updated: Today (5/1/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: None
Location
- County: Maricopa
- Township: 1N
- Subdivision: Unknown
- Cross Streets: Mesa Drive & University Drive
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,788
- Lot Size Source: Assessor
- Lot Features: Desert Front
Financial Considerations
- Tax Amount: $1,928
- Tax Year: 2025
- Terms: Owner May Carry, Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: E 66' OF W 156'OF N 151' OF NE4 NE4 NW4 NW4 EX N 33' .23 AC
- Property ID: 138-25-099
- Range: 5E
- Section: 23
Listed by Realty of America LLC
Get Pre-Approved Today
Schools
Schools serving 545 E University Dr
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Zaharis Elementary School 9410 East McKellips Road, Mesa, AZ 85207 | PK-6 | 2.3 mi |
Fremont Junior High School 1001 North Power Road, Mesa, AZ 85205 | 7-8 | 2.4 mi |
Red Mountain High School 7301 East Brown Road, Mesa, AZ 85207 | 9-12 | 2 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 545 E University Dr
Date
Details
Price
Change
Source
5/01/2026
Listed
$429,000
176.77%
MLS
1/24/2018
Sold
$155,000
—
Public Record
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 545 E University Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,928
—
$19,539
-64%
2025
$1,928
-6%
$53,599
17%
2023
$2,054
-1%
$45,821
21%
2022
$2,071
—
$37,757
5%
2022
$2,071
-4%
$35,946
17%
2021
$2,156
1%
$30,654
18%
2020
$2,128
7%
$26,010
21%
2019
$1,988
4%
$21,474
-17%
2018
$1,908
3%
$25,974
41%
2017
$1,852
2%
$18,378
8%
2016
$1,817
4%
$16,956
21%
2015
$1,755
3%
$14,060
4%
2014
$1,711
-3%
$13,566
-6%
2013
$1,768
—
$14,476
—
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 545 E University Dr
545 E University Drive, Mesa, AZ 85203 (MLS# 7022213) is a Single Family property with 3 bedrooms and 1 full bathroom. 545 E University Drive is currently listed for $429,000 and was received on May 01, 2026. Want to learn more about 545 E University Drive? Do you have questions about finding other Single Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

