406 E WASHINGTON Avenue C, Gilbert, AZ 85234

$275,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 813 Lot Size (sq. ft.): 928 Status: Closed
Current Price: $275,000 Last Modified: 6/16/2026

Overview

Description

Modern Comfort & Investment Opportunity in Downtown Gilbert! This charming 2-beds, 2-baths home offers a versatile bonus room/den w/ its own exterior entrance—perfect for a home office, guest space or creative studio. Stylish white shaker soft-close cabinets, sleek vinyl plank flooring & updated bathrooms enhance the inviting interior. ALL appliances are BRAND NEW as of 2023, ensuring efficiency & convenience. Located in the heart of downtown Gilbert, this property provides unbeatable walkability to top-rated dining, shopping & entertainment w/ easy access to 202/60 freeways & Mesa Gateway Airport. Whether you're looking for a turnkey home or a prime investment opportunity, this property delivers! Currently tenant-occupied, it offers immediate rental income potential for investors.

Supplements: Don't miss this rare chance to own a stylish, income-generating home in one of Gilbert's most sought-after locations!

Listing Details MLS# 6830622

Location, Tax & Legal

House Number
406
Compass
E
Street Name
WASHINGTON
St Suffix
Avenue
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85234
Zip4
5825
Country
US
County Code
Maricopa
Assessor Number
304-12-420
Subdivision
MEADOWBROOK VILLAGE
Tax Year
2023
Unit #
C
Assessor's Map #
12
Legal Description (Abbrev)
LOT 7B MEADOWBROOK VILLAGE AMD MCR 023521
Assessor's Parcel #
420
Tax Municipality
Gilbert
Taxes
386

Contract Information

Type
Exclusive Right To Sell
Ownership
Condominium
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Total Bathrooms
2
Approx SQFT
813
Price/SqFt
338.25
Horses
N
Builder Name
Unknown
Year Built
1982
Approx Lot SqFt
928
Approx Lot Acres
0.021
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
Meadowbrook
Elementary School District
Gilbert Unified District
High School District
Gilbert Unified District
Elementary School
Burk Elementary School
Jr. High School
Gilbert High School
High School
Gilbert High School

Remarks Misc

Cross Street
Gilbert & Elliot
Directions
Head east on E Elliot Rd. Turn left onto N Burk St. Turn right at the 1st cross street onto E Washington Ave. Home will be on the left.

Status Change Info

Off Market Date
2025-05-31
Under Contract Date
2025-03-31
Close of Escrow Date
2025-05-30

Legal Info

Township
1S
Range
6E
Section
7
Lot Number
7B
Cnty Rcrd Bk & Pg #
23521

More Information

Basement

Basement Y/N
N

Items Updated

Floor Yr Updated
2023
Floor Partial/Full
Full
Bath(s) Yr Updated
2023
Bath(s) Partial/Full
Full

Parking Spaces

Carport Spaces
Yes
Total Covered Spaces
Yes
Slab Parking Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Seller Assist - A
Buyer Concession $/%
$
Seller Concession to Buyer
10000
Seller Concession $/%
$
Buyer Concession to Seller
0

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Built-Up
Yes
Tile
Yes

Pmt & Rate Info

Down Payment
0
Total Encumbrance
0
Total Asum Mnth Pmts
0

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
150
HOA Fee
250
HOA Paid Frequency
Monthly
HOA Name
Meadowbrook Village
HOA Telephone
(602) 943-2384
HOA Management Company
Desert Vista Comm
HOA Management Phone
(480) 573-8999
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
PAD Fee
0
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
500
Disclosure Fees HOA
463
Other Fees HOA
37
Other Fees Description
Processing Fee
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
250

Lockbox Type

Combo
Yes

Master Bathroom

3/4 Bath Master Bdrm
Yes

Flooring

Carpet
Yes
Tile
Yes

Dining Area

Dining in LR/GR
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Interior Features

Vaulted Ceiling(s)
Yes

Laundry

Washer Hookup
Yes

Other Rooms

Great Room
Yes

Separate Den/Office

Sep Den/Office Y/N
Y

Technology

High Speed Internet
Yes

Fencing

None
Yes

Water Source

City Water
Yes

Exterior Features

Storage
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Assigned Parking
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Utilities

APS
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Landscaping

Gravel/Stone Front
Yes
Gravel/Stone Back
Yes

Unit Style

All on One Level
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm Flooring: Carpet; Tile Spa: None Dining Area: Dining in LR/GR Kitchen Features: Disposal; Dishwasher; Refrigerator Laundry: Washer Hookup Other Rooms: Great Room Interior Features: Vaulted Ceiling(s) Technology: High Speed Internet Exterior Features: Storage Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up; Tile Cooling: Central Air Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: None Landscaping: Gravel/Stone Front; Gravel/Stone Back Showing Notification Methods: Text Lockbox Type: Combo Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail
IDX
Listing Office: My Home Group Real Estate
Last Updated: June - 16 - 2026
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