Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Courtesy of Four Peaks Property Management LLC, Blaine l Jarvis Listing Contact: 480-433-6163 
3 Beds
3 Baths
2,106 sqft

$635,000

165 E LEXINGTON Avenue, Gilbert AZ, 85234

Price per sqft$301.52
Built in2021
Property size2,106 sqft
Property typeTownhomes

Overview

Active

Listed Aug 13, 2026

Updated Aug 15

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.

$4,225/mo

Est. mortgage payment based on a $635,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7066549

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$2,825
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes

Courtesy of Four Peaks Property Management LLC, Blaine l Jarvis

Listing Contact: 480-433-6163 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Order Real Estate Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

©2026 Arizona Regional Multiple Listing Service. All rights reserved.

Data Last Updated: 4:19 AM UTC, 8/15/2026.

Powered by Luxury Presence