MLS# 7066549 – 165 E Lexington Avenue, Gilbert, AZ 85234

Price: $635,000
Beds: 3
Baths: 2 full, 1 half
Living Area SqFt: 2,106
Status: Active
Property Type: Townhouse
Lot Size Acres: 0.03
Lot Size SqFt: 1,500
Year Built: 2021
Neighborhood: Aspire At Heritage District
Days on Website: 9

Courtesy of Four Peaks Property Management LLC

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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Refrigerator”
  • “Dishwasher”
  • “Electric Cooktop”
  • Bathrooms
  • 1 half bathroom
  • 2 full bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 3 total bedrooms
  • Building
  • Built in 2021
  • Architectural style: “Contemporary”
  • Living area: 2106
  • Construction materials: “Brick Veneer”, “Stucco”, “Wood Frame”, “Painted”
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • “Programmable Thmstat”
  • Floors
  • “Carpet”
  • “Tile”
  • Garage
  • 2 spaces
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee: $280
  • Association fee frequency: Monthly
  • Association fee includes: “Maintenance Grounds”, “Maintenance Exterior”
  • Interior Features
  • “High Speed Internet”
  • “Granite Counters”
  • “Double Vanity”
  • “Upstairs”
  • “Breakfast Bar”
  • “Kitchen Island”
  • “Pantry”
  • “3/4 Bath Master Bdrm”
  • Laundry
  • “Upstairs Laundry”
  • “Wshr/Dry HookUp Only”
  • Listing
  • Listing ID: 7066549
  • Standard status: Active
  • 10 days on market
  • Location
  • Subdivision name: ASPIRE AT HERITAGE DISTRICT
  • Lot
  • 0.03 acres
  • 1,500 sqft
  • “North/South Exposure”
  • “Desert Back”
  • Parking
  • “Garage Door Opener”
  • “Direct Access”
  • Possession
  • “Close Of Escrow”
  • Property
  • Patio and porch features: “Patio”
  • Roof
  • “Built-Up”
  • Schools
  • Elementary school: Neely Traditional Academy
  • High school: Gilbert High School
  • High school district: Gilbert Unified District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,825
  • Lot: 3
  • Windows
  • “Low-Emissivity Windows”
  • “Dual Pane”
  • “Vinyl Frame”

Property Map

$635,000 – 165 E Lexington Avenue, Gilbert, AZ 85234

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This content last updated on August 23, 2026 4:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.