Welcome to the PI Townhomes, a 3.65 acre premier For-Rent Development Opportunity. Conveniently located in Mesa on Main Street just west of Greenfield, this project has newly approved RM-4 PAD zoning with an approved site plan for 80 townhomes. Unit mix includes: 68 three-story 2-bed/2bath, 1,128 sq/ft units and 12 two-story 3 bed/2.5 bath, 1,867 sq/ft units. All units have private laundry and a private 2-car garage. 9 of the units have a bonus 2 parking spaces in front of the unit. The site plan includes a vast common area with pool, playground and pickleball court. Mountain View high school boundaries. Convenient location for Loop 202 and US-60 access. Plans and designs included with sale.
Property Details
Property Features
Listing Office:
Office Name: Dave Johnson Realty
Office Phone: (480) 332-3262
Listing Agent: Michael Miller, David Johnson
Lot Features
Lot Information:
Lot Size: 3.65 Acres
Other
Directions Information:
Directions: West on Main from Greenfield. Located on the North side of Main approx. 1/3 mile from Greenfield.
Price Information
Listing Price Info
Price Summary:
List Price: $3,800,000
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19K
Per Month
Principal & Interest
$18.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.4K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Entz Elementary School
4132 E Adobe St
Distance between this listing and this school1.07 miles
Public District Grades KG-6
6
/10
Johnson Elementary School
3807 E Pueblo Ave
Distance between this listing and this school1.13 miles
Public District Grades PK-6
4
/10
O'Connor Elementary School
4840 E Adobe St
Distance between this listing and this school1.38 miles
Public District Grades PK-6
Nearby Schools
4
/10
Taylor Junior High School
705 S 32nd St
Distance between this listing and this school1.43 miles
Public District Grades 7-8
10
/10
Franklin Junior High School
4949 E Southern Ave
Distance between this listing and this school1.84 miles
Public District Grades 7-8
10
/10
Self Development Charter School
1709 N Greenfield Rd
Distance between this listing and this school2.16 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Sun Valley High School
1143 S Lindsay Rd
Distance between this listing and this school2.19 miles
Public Charter Grades 9-12
5
/10
Mountain View High School
2700 E Brown Rd
Distance between this listing and this school2.43 miles
Public District Grades 9-12
3
/10
Astravo Online Academy
4858 E Baseline Rd Ste 103
Distance between this listing and this school2.48 miles
The neighbors living near this home have an average income of $28,673. The most common annual income of people living in Mesa, AZ is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4140 E Main St -
What is the listing price of this property?
The listing price of 4140 E Main St - property is $3,800,000.
What type of property is this?
The property 4140 E Main St - is land located in Unit Mesa, Arizona, 85205.
Is this property for sale now?
Active Listing: 4140 E Main St - is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4140 E Main St - in Unit Mesa, AZ and zip code 85205 in the The Groves neighborhood. This home sits on a 3.65 acre lot. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $3,800,000.
While more than 60 listings in Mesa, AZ in November 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 206 were sold below. The number of listings in Mesa, AZ decreased by 0.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 58 days, the median list price was $449,995.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Burlington
Foot Locker
Boston Market
White Castle
Popeyes
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary