6312 E Preston Street, Mesa, AZ 85215

$462,500
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,244 Lot Size (sq. ft.): 8,945 Status: Active
Current Price: $462,500 List Date: 8/29/2026 Last Modified: 9/21/2026

Overview

Description

Investor's dream -- estimated 7.2% cap rate, both units rented! Rare find with guest house and pool. Well-maintained 3BR/2BA home (1,244 sf, central A/C) in a quiet neighborhood, with the option to rent the private 279 sf guest house (1,544 sf total) -- rent both or let it help pay your mortgage: potential $2,300 + $1,300/mo if rented separately. Split floor plan, remodeled kitchen w/ Shaker cabinets & quartz counters, Saltillo tile, upgraded LVP in bedrooms. Covered, shaded patio & Pebble Tec pool. Guest house has its own mini-split, kitchenette, bath. Optional fence can separate units. Plus: water softener, whole-house filter, plumbing loop, RV gate. Currently tenant-occupied at $2,300/mo total. Seller is owner/agent.

Listing Details MLS# 7069676

Location, Tax & Legal

House Number
6312
Compass
E
Street Name
Preston
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85215
Country
US
County Code
Maricopa
Assessor Number
141-69-257
Subdivision
RIDGEVIEW UNIT 2 LOT 131-282
Tax Year
2025

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
3
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1244
Price/SqFt
371.78
Guest House SqFt
279
Horses
N
Builder Name
Pulte Homes
Year Built
1992
Approx Lot SqFt
8945
Approx Lot Acres
0.205
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
Yes
Fireplace YN
Yes
Fireplaces Total
Yes
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Elementary School
Red Mountain Ranch Elementary
Jr. High School
Shepherd Junior High School
High School
Red Mountain High School

Remarks Misc

Cross Street
N. Recker Road and E. McDowell Road
Directions
North on Recker - East (Right) on Preston - Home will be on your left.

Legal Info

Lot Number
140

Basement

Basement Y/N
N

More Information

Items Updated

Floor Yr Updated
2022
Floor Partial/Full
Partial
Roof Yr Updated
2018
Roof Partial/Full
Full
Kitchen Yr Updated
2021
Kitchen Partial/Full
Full

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Property Features

Special Listing Cond: Owner/Agent Architecture: Contemporary Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet Flooring: Tile; Vinyl Window Features: Screens; Dual Pane Private Pool Features: Outdoor; Play Pool Spa: None Dining Area: Eat-in Kitchen; Other (See Remarks) Kitchen Features: Electric Oven; Electric Range; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Quartz Countertops; Non-laminate Counter Laundry: Washer Included; Dryer Included Interior Features: Vaulted Ceiling(s); No Interior Steps; Water Softener Owned; Soft Water Loop; Water Purifier Technology: 3+ Exist Tele Lines; Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio; Separate Guest House Parking Features: Attached Garage; RV Gate Road Access Type: City Street Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP; Other (See Remarks) Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: North/South Exposure Landscaping: Desert Front; Desert Back; Synthetic Grass Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow; Subject To Tenant Rights Unit Style: All on One Level; Street Facing Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail
IDX
Listing Office: Coldwell Banker Realty
Last Updated: September - 21 - 2026
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