860 E BROWN Road 29, Mesa, AZ 85203 (MLS# 6715006)

860 E BROWN Road 29, Mesa, AZ 85203

$815,000

Property Type: Multiple Dwellings Bedrooms: 9 Baths: 14 Status: Closed

Current Price: $815,000 Last Modified: 10/15/2026

Overview

Description

4 units located in the Central Mesa Submarket of Mesa, AZ. Originally built in 1980, this property has a unique mix of (3) large 2+1.5 units and (1) 3+2 unit. unit, and sits within the Sun Gardens Apartments HOA that features a community pool. Current average rents sit at $1,425/unit, and there is room to push them closer to market. Each unit is also sub-metered for water, that allows new ownership the opportunity to bill tenants directly for water. HOA fee is $475/month and they cover expenses including trash service and common area maintenance. Just a few miles from the asset are attractions such as the Oakland A's Spring Training facility, Mesa Country Club, and Mesa Riverview shopping center. CONTACT AGENT FOR COPY OF OM

Listing Details MLS# 6715006

Location, Tax & Legal

House Number: 860
Compass: E
Street Name: BROWN
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Zip4: 4938
Country: US
County Code: Maricopa
Subdivision: SUN GARDENS REPLAT
Assessor Number: 137-09-321
Tax Year: 2023

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 3804
Year Built: 1980
Total # of Units: 4
# of Buildings: Yes
Zoning: M-H
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Other
Jr. High School: Other
High School: Other

Remarks Misc

Cross Street: BROWN & STAPLEY

Status Change Info

Off Market Date: 2024-07-01
Under Contract Date: 2024-06-20
Close of Escrow Date: 2024-07-23

Legal Info

Township: 1N
Range: 5E
Section: 14
Lot Number: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1383
Avg SqFt: 924
# Baths: 4

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1550
Avg SqFt: 1270
# Baths: 2

Structure

Bedrooms Total: 9
Bathrooms Total: 14

Income Expenses

Gross Annual Sch Inc: 68400

Showing Notification Methods

Showing Service: No Showing Service Used

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: Pool; Heated Pool(s); Manager Res/Office Exterior Amenities: Green Landscaping; Patio/Balcony Appliances Included: W/D Hookup Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Garage; 1 Space/Unit; Paved Road Surface Type: Asphalt Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Conventional Environmental: None

Listing Office: Matthews Real Estate Investment Services

Office Phone: 310-388-0788

Office Email: david.harrington@matthews.com

Last Updated: October - 15 - 2026