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Viewing Listing MLS# 6973576

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554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201
11 Photos
554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201 554 W Rio Salado Parkway Mesa, AZ 85201
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$395,000 | 2 beds | 1 full baths | N/A half baths | 1,342 sqft

$395,000 Reduced -$200,000
554 W Rio Salado Parkway
Mesa, AZ 85201
  • 2Beds
  • 1.00Total Baths
  • 1,342SqFt
  • 1947Year Built
  • 0.46Acres
  • 79 yearsEst Age
  • MLS# 6973576
  • Residential
  • Single Family Residence
  • Active
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  • Approx Time on Market4 months, 13 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Unknown

Overview

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. 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. SEE MORE.. 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 diligence regarding zoning, permits, and future use. Please reach out to discuss. A rare chance to restore or reimagine this home on this desirable lot. This project is offering a blank canvas for customization, expansion, or redevelopment. Perfect for buyers seeking a project in a sought-after location. Seller makes no representations regarding condition of the structure. Utilities, systems, and appliances have not been tested. Buyer responsible for verifying all development possibilities.Location Highlights:""Centrally situated near Mesa Riverview and Tempe Marketplace""Only 5 miles to ASU campus.""Easy access to Loop 101 and Loop 202 freeways""Just down the street from the Chicago Cubs Spring Training Stadium""Surrounded by shopping, dining, and entertainment optionsWhether you choose to renovate, redevelop, or pursue the four plex plans, townhome lots, this property offers exceptional potential in a thriving area. A rare opportunity to capitalize on Mesa's growth with multiple exit strategies available!



Agriculture / Farm

Association Fees / Info

Hoa Includes:  No Fees

Hoa:  No

Bathroom Info

Total Baths:  1

Building Info

Construction Materials:  Wood Frame, Painted

Builders Name:  unknown

Roof:  Composition

Exterior Features

Fencing:  Chain Link

Garage / Parking

Interior Features

Interior Features:  3/4 Bath Master Bdrm

Laundry Features:  Other

Lot Info

Lot Size Units:  Square Feet

Lot Features:  Dirt Front, Dirt Back

Lot Sqft:  19922

Misc

Spa Features:  None

Possession:  Close Of Escrow

Other

Special Listing Conditions:  N/A

Other School Info

Property Info

Room Info

Sqft Info

Living Area Source:  Assessor

Sqft:  1342

Tax Info

Tax Legal Description:  S 330' OF E 66' OF W 132' SW4 SE4 NE4 EX S 36' RD .50 AC

Tax Amount Annual:  1066

Unit Info

Utilities / Hvac

Water Source:  City Water

Electric:  220 Volts in Kitchen

Cooling:  Yes

Cool System:  Central Air

Heating:  Electric

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Schools

Elem:  Emerson Elementary School

Middle:  Carson Junior High School

High:  Westwood High School

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.

Listings courtesy of West Usa Realty  Broker Reciprocity

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Price & Status History (on sedonadebnairrealestate.com since Fri, Jan 23rd 2026)
  • Original Price: $595,000
  • Current Price: $395,000
  • Price Reduced: $200,000
Date ChangedFromTo
04/13/2026$595,000 $395,000 Reduced by $200,000
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Provided courtesy of Real Broker

Broker Reciprocity No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Listing Courtesy of The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright © 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved. Information was last updated: 06-04-2026 7:07 PM EST .

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Airen Sapp Real Estate

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2290 W SR 89A
Sedona, AZ 86336

Phone

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928-301-1947

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