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165 E Lexington Avenue, 
Gilbert, AZ 85234

$635,000

3

Beds

3

Baths

2,106

Sq Ft

Townhouse

Active

Listed by

Blaine L Jarvis

Four Peaks Property Management LLC.

480-203-4348

Last updated:

August 18, 2026, 03:51 PM

MLS#

7066549

Source:

ARMLS

About This Home

165 E Lexington Avenue

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.

Home Facts

Townhouse

3 Baths

3 Bedrooms

Built in 2021

Subdivision & Development:

ASPIRE AT HERITAGE DISTRICT

Price Summary

635,000

$301 per Sq. Ft.

MLS #:

7066549

Last Updated:

August 18, 2026, 03:51 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

2,106 Sq. Ft.

Structure

Structure

Architectural Style:

Contemporary

Building Area:

2,106 Sq. Ft.

Year Built:

2021

Lot

Lot Size (Sq. Ft):

1,500

Finances & Disclosures

Finances

Price:

$635,000

Price per Sq. Ft:

$301 per Sq. Ft.

MLS Logo
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.