860 E BROWN Road #41
Mesa, AZ 85203
- 9 Beds
- 5 Baths
- 4,036 sqft
9 Beds
5 Baths
4,036 sqft
Local Information
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Description
Discover an advantageous investment opportunity in Mesa's sought-after rental market with this well-maintained four-unit property. Plus, it is ideal for investors seeking a 1031 exchange or a stable income stream.
Located just minutes from downtown Mesa, this desirable multi-family home features recent upgrades, including two newly remodeled units.
All units are currently rented, and tenants are responsible for electricity and gas.
The apartment mix includes a spacious single-level unit with three bedrooms and two baths, two townhome-style units each with two bedrooms and 1.5 baths, and a private two bedroom, 1.5 bath apartment above the garages. Recent enhancements include new outlets, switches, washer, and dryer hookups, efficient 14 SEER heat pumps, & modern LED exterior lighting.
Additional upgrades feature a newer roof, refreshed exterior paint, and two units recently remodeled to attract higher rents. Shared garages have been converted into private single-car garages with openers & remotes, enhancing tenant satisfaction and property value.
Residents enjoy a community pool, private patios, garage parking, and professionally maintained landscaping.
Detailed Cap Rates and improvement records are available upon request, highlighting strong rental income potential and historical performance.
Do not miss this rare opportunity to acquire a turnkey multi-family property in Mesa.
Contact the listing Agent if you have any questions or need further assistance!
Located just minutes from downtown Mesa, this desirable multi-family home features recent upgrades, including two newly remodeled units.
All units are currently rented, and tenants are responsible for electricity and gas.
The apartment mix includes a spacious single-level unit with three bedrooms and two baths, two townhome-style units each with two bedrooms and 1.5 baths, and a private two bedroom, 1.5 bath apartment above the garages. Recent enhancements include new outlets, switches, washer, and dryer hookups, efficient 14 SEER heat pumps, & modern LED exterior lighting.
Additional upgrades feature a newer roof, refreshed exterior paint, and two units recently remodeled to attract higher rents. Shared garages have been converted into private single-car garages with openers & remotes, enhancing tenant satisfaction and property value.
Residents enjoy a community pool, private patios, garage parking, and professionally maintained landscaping.
Detailed Cap Rates and improvement records are available upon request, highlighting strong rental income potential and historical performance.
Do not miss this rare opportunity to acquire a turnkey multi-family property in Mesa.
Contact the listing Agent if you have any questions or need further assistance!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 06, 2025
Home Highlights
Parking
4 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 860 E BROWN Road #41
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Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 4036 Square Feet |
Appliances & Utilities Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, MicrowaveDishwasherDisposalLaundry: W/D HookupMicrowaveRefrigerator |
Heating & Cooling Heating: ENERGY STAR Qualified Equipment,Heat PumpHas CoolingAir Conditioning: ENERGY STAR Qualified Equipment,Heat PumpHas HeatingHeating Fuel: ENERGY STAR Qualified Equipment |
Gas & Electric Electric: SRP, Master MeterHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile, Vinyl |
Levels, Entrance, & Accessibility Floors: Carpet, Ceramic Tile, Vinyl |
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Exterior Home Features Roof: Composition |
Parking & Garage Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Paved,Assigned,Add'l Parking Avail,Garage Door Opener,Attached,1 Space/Unit |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 100 |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Stucco |
Property Information Parcel Number: 13709324 |
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Price List Price: $950,000 |
Status Change & Dates Off Market Date: Thu Oct 17 2024 |
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MLS Status: Closed |
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Direction & Address City: MesaCommunity: SUN GARDENS REPLAT |
School Information Elementary School: Edison Elementary SchoolElementary School District: Mesa Unified DistrictJr High / Middle School: Kino Junior High SchoolHigh School: Westwood High SchoolHigh School District: Mesa Unified District |
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Building Area Building Area: 4036 Square Feet |
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Community Features: Pool |
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Lot Area: 3804 sqft |
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Listing Terms: Conventional, 1031 Exchange |
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Business Information Ownership: Fee Simple |
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Owner Pays: See Remarks, Trash Collection, Water, Sewer |
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Mls Number: 6728850 |
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Pool |
Last check for updates: about 4 hours ago
Listed by John Lilly, (602) 570-8274
Arizona Best Real Estate
Bought with: Daniel K Papin, (630) 779-6013, W and Partners, LLC
Source: ARMLS, MLS#6728850

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 860 E BROWN Road #41
| Date | Price | Event | Source |
|---|---|---|---|
| 11/25/2024 | $900,000 | Sold | ARMLS #6728850 |
| 10/18/2024 | $950,000 | Pending | ARMLS #6728850 |
| 07/09/2024 | $950,000 | Listed For Sale | ARMLS #6728850 |
| 09/16/2023 | ListingRemoved | Zillow Rentals | |
| 08/10/2023 | $2,200 | Listed For Rent | Zillow Rentals |
| 07/20/2023 | ListingRemoved | Zillow Rentals | |
| 06/12/2023 | $2,200 | Listed For Rent | Zillow Rentals |
| 04/05/2011 | $99,000 | Sold | N/A |
| 10/11/2005 | $450,000 | Sold | N/A |
| 08/31/2005 | $375,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,740 |
| Assessment | $722,200 |
Home facts updated by county records
Comparable Sales for 860 E BROWN Road #41
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $835,000 | 12/01/25 | 9 | 8 | 4,042 | |
0.07 | Multi-Family Home | $835,000 | 02/20/26 | 9 | 17 | 4,080 | |
0.58 | Multi-Family Home | $600,000 | 07/22/25 | 6 | 3 | 2,526 | |
1.01 | Multi-Family Home | $730,000 | 12/16/25 | 8 | 4 | 3,468 | |
1.06 | Multi-Family Home | $755,000 | 08/22/25 | 8 | 4 | 3,468 | |
0.29 | Multi-Family Home | $475,000 | 12/02/25 | 5 | 3 | 2,400 | |
0.39 | Multi-Family Home | $445,000 | 04/15/26 | 4 | 3 | 2,400 | |
1.37 | Multi-Family Home | $660,000 | 05/20/26 | 8 | 4 | 3,264 | |
0.53 | Multi-Family Home | $518,000 | 11/10/25 | 5 | 2 | 2,175 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 860 E BROWN Road #41.
What Locals Say about Mesa
At least 3338 Trulia users voted on each feature.
87 % Say it's dog friendly
85 % Say there are sidewalks
85 % Say car is needed
78 % Say parking is easy
74 % Say there's holiday spirit
70 % Say yards are well-kept
69 % Say streets are well-lit
65 % Say kids play outside
63 % Say it's quiet
63 % Say people would walk alone at night
58 % Say it's walkable to grocery stores
52 % Say it's walkable to restaurants
46 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
31 % Say there's wildlife
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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860 E BROWN Road #41, Mesa, AZ 85203 is a 9 bedroom, 5 bathroom, 4,036 sqft multi-family built in 1980. This property is not currently available for sale. 860 E BROWN Road #41 was last sold on Nov 25, 2024 for $900,000 (5% lower than the asking price of $950,000). The current Trulia Estimate for 860 E BROWN Road #41 is $898,700.

