165 E LEXINGTON Avenue, Gilbert, AZ 85234

• 3 beds |
• 3 baths |
• 2,106 sqft

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.

Listing Status:

Active

Date Added:

August 13, 2026

Data Last Updated:

August 15, 2026 at 7:06AM

Listing Office:

Four Peaks Property Management LLC : 480-203-4348

Listing Agent:

Blaine l Jarvis : 480-433-6163

MLS ID:

7066549

Interior

• General: High Speed InternetGranite CountersDouble VanityUpstairsBreakfast BarKitchen IslandPantry3/4 Bath Master Bdrm
• Laundry: Upstairs LaundryWshr/Dry HookUp Only
• Flooring: CarpetTile
• A/C: Central AirCeiling Fan(s)Programmable Thmstat
• Heating: Electric

Exterior

• General: None
• Style: Contemporary
• Parking: Garage Door OpenerDirect Access

Construction

• Roofing: Built-Up
• Windows: Low-Emissivity WindowsDual PaneVinyl Frame
• General: Brick VeneerStuccoWood FramePainted

Location

• HOA Amenities: Maintenance GroundsMaintenance Exterior280.0Monthly
• Originating MLS: Arizona Regional Multiple Listing Service 2
• School District: Gilbert Unified District
• County: Maricopa

Lot

• Zoning: 30415891
• Fencing: None

Utilities

• Water: City Water
• Sewer: Public Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2