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Sold on 03/30/2020
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860 E Brown Rd #57, Mesa, AZ 85203

$585,000

Last sold 03/30/2020 after 80 Days

  • 9

    bed

  • 7

    bath

Multi-family not for sale
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About 860 E Brown Rd #57

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Property description
Amazing cash flow with recent rehab!! Units are designed such that tenants are never above/beneath one another. Each tenant has a 1 car garage, private patios, all units are sub-metered for water (so that tenants may be charged direct). Community has a pool/laundromat. Unit 57 is a single level 3 bedroom & 2 full baths with inside laundry & covered patio - $1461 rent. Unit 58 is a two story unit which includes 2 bedrooms 1.50 bath & covered patio - $1280 rent. Unit 59 is single story with 2 bedrooms & 1.50 baths and includes inside laundry - rent is $1139. Unit 60 is a two story with 2 bedrooms & 1.50 baths - rent is $1049. HOA is $396/month, water is ~$240/month, taxes are $1455/year. Tenants pay electric. Financials, Community/unit floor plans and maps are attached in docs tab.
Listed by
Listing Agent - Jason A Bingham
Listing Office - Distinguished Properties
Source: ARMLS mls logo
MLS#6023243 • last updated 5 years ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Heat Pump, Electric
MLS # 6023243
Type Multiple Dwellings
Status Closed
Property Tax 1603
Year Built 1980
Interior
Flooring Carpet, Concrete
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking On Street
# of Open Parking Spaces 4
# of Covered Spaces 3804
Amenities / Utilities
Water Source Submetered System, City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision SUN GARDENS REPLAT
Community Features Manager Res/Office, Pool
Elementary School Mesa Academy For Advanced Studies
Elementary School District Mesa Unified District
Middle School Mesa Academy For Advanced Studies
High School District Mesa Unified District
High School Mesa Academy For Advanced Studies
APN 137-09-328
Zoning MULTI
Directions WEST TO 860 EAST BROWN, NORTH INTO COMPLEX
Multifamily Details
Total # of Units 4
Financial Data Source Owner
We are not permitted to show value estimates for this property.
  • Mar 2020
    Public Records
  • Mar 17, 2020 Sold
    $585,000
  • Mar 2020
    mls logo MLS # 6023243
  • Mar 17, 2020 Sold
    $585,000 (+23.2%)
  • Oct 2019
    mls logo MLS # 5955500
  • Oct 5, 2019 Sold
    $475,000
  • Jul 22, 2019 Listed
    $475,000 (+36.5%)
  • Sep 2019
    Public Records
  • Sep 30, 2019 Sold
    $475,000
  • Oct 2004
    Public Records
  • Oct 1, 2004 Sold
    $348,000
  • Year Property taxes Tax assessment
  • 2024
    $1,740 -0.8%
    $72,220 -0.08%
  • 2023
    $1,754 +2.1%
    $72,280 +11.34%
  • 2022
    $1,718 -1.2%
    $64,920 +35.9%
  • 2021
    $1,738 +1.3%
    $47,770 +14.61%
  • 2020
    $1,716 +7.0%
    $41,680 +16.65%
  • 2019
    $1,603 +4.2%
    $35,730 +18.51%
  • 2018
    $1,539 +3.1%
    $30,150 +33.23%
  • 2017
    $1,493 +1.9%
    $22,630 +17.8%
  • 2016
    $1,465 +6.4%
    $19,210
  • 2015
    $1,377
    —
  • 860 E Brown Rd #57
    $585K
  • East Mesa
    $499K
  • 85203
    $519K +13% y/y
  • Mesa
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Edison Elementary School
public Grades PK, K-6
Mesa Unified School District
6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
8/10
Franklin Elementary School
public Grades PK, K-6
Mesa Unified School District
2/10
Kino Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Westwood High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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