$635,000
- 3 Beds
- 2.5 Baths
- 2,106 sqft
165 E LEXINGTON Avenue, Gilbert, AZ 85234
Est. Mortgage $3,870/mo*
Get Pre-QualifiedHome Highlights
Townhouse
Built in 2021
$302/sqft
Garage
HOA $280/mo
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 15 hours ago
Listing courtesy of Blaine l Jarvis, (480) 433-6163
Four Peaks Property Management LLC
Source: ARMLS, MLS#7066549

Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 165 E LEXINGTON Avenue
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2106 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Dishwasher, Electric CooktopDishwasherLaundry: Upper LevelRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Electric |
Fireplace & Spa Spa: NoneNo Fireplace |
Windows, Doors, Floors & Walls Window: Low Emissivity Windows, Double Pane Windows, Vinyl FrameFlooring: Carpet, TileCommon Walls: Two Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Carpet, Tile |
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Exterior Home Features Roof: Built UpPatio / Porch: PatioFencing: None |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Garage Door Opener,Direct Access |
Frontage Responsible for Road Maintenance: Private Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 1Days on Market: 23 |
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Year Built Year Built: 2021 |
Property Type / Style Property Type: ResidentialProperty Subtype: TownhouseArchitecture: Contemporary |
Building Construction Materials: Brick Veneer, Stucco, Wood Frame, PaintedAttached To Another Structure |
Property Information Parcel Number: 30415891Model Home Type: ALBRIGHT |
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Price List Price: $635,000Price Per Sqft: $302 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: GilbertCommunity: ASPIRE AT HERITAGE DISTRICT |
School Information Elementary School: Neely Traditional AcademyElementary School District: Gilbert Unified DistrictJr High / Middle School: Mesquite Jr High SchoolHigh School: Gilbert High SchoolHigh School District: Gilbert Unified District |
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Listing Agent Listing ID: 7066549 |
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Building Details Builder Name: Aspire Builders |
Building Area Building Area: 2106 Square Feet |
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Community Features: Pool, Gated, Near Bus Stop, Biking/Walking Path |
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HOA Fee Includes: Maintenance Grounds, Maintenance ExteriorHOA Name: ASPIREHOA Phone: 480-737-9946Has an HOAHOA Fee: $280/Monthly |
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Lot Area: 1500 sqft |
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Listing Terms: Cash, Conventional, FHA |
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Business Information Ownership: Fee Simple |
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Mls Number: 7066549 |
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PoolGatedNear Bus StopBiking/Walking Path |
Around this home
What Locals Say about Gilbert
At least 1898 Trulia users voted on each feature.
93 % Say there are sidewalks
93 % Say it's dog friendly
89 % Say car is needed
84 % Say people would walk alone at night
82 % Say parking is easy
81 % Say there's holiday spirit
80 % Say streets are well-lit
78 % Say kids play outside
75 % Say it's quiet
75 % Say yards are well-kept
56 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
48 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
37 % Say there are community events
28 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Gilbert
Last updated July 2026
Avg. sale price
$574K
$4.67KMoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0MoM
Available listings
1109
12MoM
Home Value
Trulia Estimate
$623KSince last month
Increased$9K (+1.5%)Since last year
Decreased$40K (-6%)Since last sale
Increased$970 (+0.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $623K |
| August 2026 | $624K |
| July 2026 | $614K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Townhouse | $590,000 | 07/17/26 | 3 | 2.5 | 2,106 | |
0.06 | Townhouse | $585,000 | 01/07/26 | 3 | 2.5 | 2,097 | |
0.38 | Townhouse | $385,000 | 02/04/26 | 3 | 2.5 | 1,583 | |
0.41 | Townhouse | $399,000 | 12/18/25 | 3 | 2 | 1,464 | |
0.46 | Townhouse | $395,000 | 02/13/26 | 3 | 3 | 1,572 | |
0.51 | Townhouse | $437,000 | 02/23/26 | 3 | 2.5 | 1,555 | |
0.51 | Townhouse | $399,000 | 04/20/26 | 3 | 2.5 | 1,555 | |
0.73 | Townhouse | $356,000 | 07/08/26 | 3 | 2.5 | 1,430 | |
0.48 | Townhouse | $355,000 | 05/28/26 | 3 | 2 | 1,189 | |
0.74 | Townhouse | $270,000 | 06/17/26 | 3 | 2.5 | 1,535 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $590,000 | 3 | 2.5 | 2,106 | Recently Sold | |
0.03 | $699,999 | 3 | 2.5 | 1,831 | For Sale | |
0.03 | $592,700 | 3 | 3 | 2,097 | Off Market | |
0.05 | $549,800 | 2 | 1 | 1,207 | Off Market | |
0.06 | $520,000 | 3 | 3 | 1,379 | Off Market | |
0.06 | $590,000 | 3 | 2.5 | 1,831 | For Sale | |
0.06 | $564,300 | 3 | 3 | 1,678 | Off Market | |
0.06 | $585,000 | 3 | 2.5 | 2,097 | Recently Sold | |
0.07 | $582,900 | 3 | 2.5 | 2,097 | For Sale | |
0.08 | $622,900 | 3 | 2 | 2,357 | Off Market | |
0.08 | $473,600 | 3 | 2 | 1,571 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 14, 2026 Source: ARMLS #7066549 | Listed For Sale | $635,000 |
Feb 23, 2026 Source: Zillow Rentals | ListingRemoved | $2,645 |
Jan 19, 2026 Source: Zillow Rentals | Listed For Rent | $2,645 |
Jul 9, 2025 Source: ARMLS #6285392 | ListingRemoved | $622,430 |
Jun 20, 2025 Source: Zillow Rentals | ListingRemoved | $2,650 |
May 13, 2025 Source: Zillow Rentals | PriceChange | $2,650 Price decreased by 5% |
Apr 7, 2025 Source: Zillow Rentals | Listed For Rent | $2,795 |
Jan 21, 2022 Source: Zillow Rental Network Premium | ListingRemoved | |
Jan 14, 2022 Source: Zillow Rental Network Premium #6342227 | Listed For Rent | $3,650 |
Dec 9, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Dec 2, 2021 Source: N/A | Sold | $622,430 |
Nov 15, 2021 Source: Zillow Rental Manager | Listed For Rent | $3,350 |
Aug 28, 2021 Source: ARMLS #6285392 | Listed For Sale | $622,430 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,810 | $541,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Blaine l Jarvis, Four Peaks Property Management LLC
Agent Phone: (480) 433-6163

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Frequently asked questions about 165 E LEXINGTON Avenue
- What is the estimated monthly payment for 165 E LEXINGTON Avenue?Based on a $635,000 list price with 20% down at today's rates, the estimated monthly payment for 165 E LEXINGTON Avenue in Gilbert, AZ is approximately $3,655 (about $3,363 principal & interest, $217 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 165 E LEXINGTON Avenue compare to homes in Gilbert?165 E LEXINGTON Avenue in Gilbert, AZ is listed at $635,000, about 11% above the $574K median sale price in Gilbert.
- What do residents say about Gilbert?Residents describe Gilbert, AZ as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Gilbert, AZ.
- What are the closest schools to 165 E LEXINGTON Avenue?The closest schools to 165 E LEXINGTON Avenue in Gilbert, AZ are Burk Elementary School (Pre-K, rated 6/10), Gilbert High School (Middle, rated 6/10), Mesquite Jr High School (rated 5/10).
- Does 165 E LEXINGTON Avenue have air conditioning?Yes, 165 E LEXINGTON Avenue in Gilbert, AZ has air conditioning.
- Does 165 E LEXINGTON Avenue have a pool?Yes, 165 E LEXINGTON Avenue in Gilbert, AZ has a pool.
165 E LEXINGTON Avenue, Gilbert, AZ 85234 is a 3 bedroom, 3 bathroom, 2,106 sqft townhouse built in 2021. This property is currently available for sale and was listed by ARMLS on Aug 14, 2026. The MLS # for this home is MLS# 7066549.

