Incredible opportunity just two blocks from Downtown Mesa! This beautifully updated property offers rare flexibility, combining a charming 3-bedroom, 2-bath main home with a detached townhome featuring two fully updated studio units, each with its own private entrance and bathroom. Whether you're looking for multi-generational living or an income-producing investment, this property delivers! Step inside the main home and fall in love with the perfect blend of 1930s character and modern upgrades. The front living room is filled with natural light, offering a warm and inviting atmosphere. The home features a newer kitchen with granite countertops, tile backsplash, and stainless steel appliances, ideal for everyday living and entertaining. Two bedrooms are located upstairs, providing a cozy retreat, while the downstairs layout includes a second living space, another full bathroom, and a spacious bedroom. Additional highlights include wood-look tile flooring throughout, updated bathrooms, newer HVAC system plus mini-splits for efficient climate control, and OWNED SOLAR for energy savings. The detached townhome in the rear has been thoughtfully designed and includes two separate studio units, each equipped with its own bathroom, mini-split A/C, and private entrance ready to rent, host guests, or use as a home office or creative space. This home has been in the family for nearly 65 years and has been well maintained! All of this sits on a generous lot just moments away from Downtown Mesa's shops, restaurants, light rail, and cultural scene. Don't miss this truly special and versatile propertyit's a rare find with endless potential!