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$635,000
18 Days On Site

165 E LEXINGTON Avenue
Gilbert, AZ 85234

For Sale|Townhouse|Active
3
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,106
SqFt
$302
/SqFt
2021
Built
Subdivision:
ASPIRE AT HERITAGE DISTRICT
County:
Maricopa

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602-688-7388
165 E LEXINGTON Avenue165 E LEXINGTON Avenue165 E LEXINGTON Avenue165 E LEXINGTON Avenue
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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.

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Listing Snapshot
Price 
$635,000
Days On Site 
18 Days
Bedrooms 
3
Inside Area (SqFt) 
2,106 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.03 Acres
Year Built 
2021
MLS® Number 
7066549
Status 
Active
Property Tax 
$2,825
HOA/Condo/Coop Fees 
$280 monthly
Sq Ft Source 
Builder
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.03
Cross Street 
GILBERT/ELLIOTT
Disclosures 
Other (See Remarks)
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Garage Door OpenerDirect Access
Property Sub Type 
Townhouse
Sewer 
Public Sewer
Style 
Contemporary
Water Source 
Public
Interior Features
Appliances 
RefrigeratorDishwasherElectric Cooktop
Cooling 
Central AirCeiling Fan(s)
Flooring 
CarpetTile
Heating 
Electric
Interior 
High Speed InternetGranite CountersDouble VanityBreakfast BarKitchen IslandPantry
Window Features 
Low Emissivity WindowsDouble Pane Windows
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Exterior Features
Construction Details 
Brick VeneerStuccoFrame
Fencing 
None
Lot Features 
Desert Back
Patio And Porch 
Patio
Roof 
Built-Up
Spa Features 
None
Windows/Doors 
Low Emissivity WindowsDouble Pane Windows
Community Features
Association Dues 
280
Community Features 
PoolGatedSidewalks
Financing Terms Available 
CashConventionalFHA
HOA Fee Frequency 
Monthly
School District 
Gilbert Unified District
Township 
1S
Schools
School District
Gilbert Unified District
Elementary School
Neely Traditional Academy
Middle School
Mesquite Jr High School
High School
Gilbert High School
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.
Last checked: 2026-09-01 11:14 AM UTC

Neighborhood & Commute
Source: Walkscore
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