554 W RIO SALADO Parkway, Mesa, AZ 85201

$595,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,342 Lot Size (sq. ft.): 19,922 Status: Active
Current Price: $595,000 Last Modified: 2/02/2026

Overview

Description

This expansive lot is zoned Multi‑Family (MF), currently, offering incredible flexibility for your future. The existing home needs a full renovation with the potential, to add additional units in the back in the future redevelop. Located in a close knit family oriented community, the property is within walking distance to Elementary, Junior High and High Schools. Listing agent can provide general contractor information to assist with remodel completion. There is only $100K allowance included in this price! At this stage Buyer can be involved in selection items/upgrades. A renewed permit is necessary as owner has demolition permit in process, that would need revoked, if Buyer wants to remodel and live in the home. The home may need additional funds according to Buyer's upgrades. SEE

Supplements: The $100k is an estimate only, BEWARE! This is an entire remodel, to become FHA approved for finance. The current structure is being sold as-is, with the value primarily in the land and the current condition of the home needs a full remodel!! Ideal for builders, investors, or buyers looking to renovate or redevelop. Buyer to perform all due diligen ...

Listing Details MLS# 6973576

Location, Tax & Legal

House Number
554
Compass
W
Street Name
RIO SALADO
St Suffix
Parkway
City/Town Code
Mesa
State/Province
AZ
Zip Code
85201
Zip4
4008
County Code
Maricopa
Assessor Number
135-16-041
Subdivision
unknown
Tax Year
2025
Assessor's Map #
16
Legal Description (Abbrev)
S 330' OF E 66' OF W 132' SW4 SE4 NE4 EX S 36' RD .50 AC
Assessor's Parcel #
41
Tax Municipality
Mesa
Taxes
1066

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
1342
Price/SqFt
443.37
Horses
N
Builder Name
unknown
Year Built
1947
Lead Based Hazard Disclosure
No
Approx Lot SqFt
19922
Approx Lot Acres
0.457
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Elementary School
Emerson Elementary School
Jr. High School
Carson Junior High School
High School
Westwood High School
Half Bathrooms
0

Remarks Misc

Cross Street
Rio Salado and Country Club
Directions
North 202 freeway to Alma School exit, go South to Rio Salado Pkwy and turn left. Property is approximately 3/4 mile on your left.

Legal Info

Township
1N
Range
5E
Section
16
Lot Number
unk

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Contact Info

List Agent Home Phn
480-776-3176

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

Combo
Yes

Master Bathroom

3/4 Bath Master Bdrm
Yes

Dining Area

Other (See Remarks)
Yes

Heating

Electric
Yes

Kitchen Features

220 Volts in Kitchen
Yes

Cooling

Central Air
Yes

Laundry

Other
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

Chain Link
Yes

Water Source

City Water
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
Owner May Carry
Yes
Trade
Yes

Utilities

SRP
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Landscaping

Dirt Front
Yes
Dirt Back
Yes

Disclosures

None
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm Spa: None Dining Area: Other (See Remarks) Kitchen Features: 220 Volts in Kitchen Laundry: Other Construction: Wood Frame Const - Finish: Painted Roofing: Composition Cooling: Central Air Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Chain Link Landscaping: Dirt Front; Dirt Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional; Owner May Carry; Trade Disclosures: None
Listing Office: West USA Realty
IDX
Last Updated: February - 02 - 2026
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