860 E BROWN Road # 29 Mesa, AZ $ 845,000
860 E BROWN Road # 29
$ 845,000
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860 E BROWN Road # 29

Mesa, AZ, 85203
$ 845,000
Baths0.0

Monthly Estimate*

$ 5,203

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Studio

Multi-Family Home for sale in Mesa, AZ

for $845,000. This home was built in 1980.

New roof on this Well-Maintained 4-Unit Asset with 30 year transferable warranty. New windows throughout. Favorable HOA Structure and strong upside potential Discover an exceptional multifamily investment opportunity located within the desirable Sun Gardens Apartments community. This property combines stability, tenant appeal, and significant income growth potential, ideal for investors seeking dependable returns with low management demands. Property Overview: Originally built in 1980, (3) Large 2-Bedroom / 1.5-Bathroom Townhome-Style Units (1) Spacious 3-Bedroom / 2-Bathroom Single-Level Unit (2) Two-Car Garages + Additional Assigned / Unassigned Parking Each unit enjoys private fenced patios, 2 units have washer and dryer hookups, and access to the well-kept community pool. HOA Includes: Sewer, Trash and Landscaping. Water is sub metered for each unit so tenant can be billed separately. Community Features a refreshing community pool for tenant enjoyment plus multiple green spaces and landscaping. Security Cameras for added peace of mind Professionally Maintained Landscaping included in HOA Convenient Location minutes from Loop 202, Downtown Mesa, schools, and major employers Buyer to verify all facts and figures

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Multi-Family Active

Price

$ 845,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,654

Style

Multiple Dwellings

Year Built

1980

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6975833

Features
General
Sewer Public Sewer
Heating Individual Heat Pump
Cooling Central Air Individual
Roof Composition
Zoning M-H
Security Features Security Light(s)
Construction Materials Wood Frame Painted Stucco
Year Built 1980
Electric SRP Individual Meter
Township 1N
Unit Number 29
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 5831.64
Community Features Pool
County Maricopa
Net Operating Income 58600.0
Operating Expense 15075.0
Insurance Expense 4000.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name SUN GARDENS REPLAT
Garage Y/N Y
Status Active
Directions From the intersection of Country Club Dr. and Brown Road go east on Brown Rd for approximately 0.3 miles. The Sun Gardens Apartments community will be on your left side just past Mesa Drive. Turn le
City Mesa
Disclosures Seller Prop Disc Stm
High School District Mesa Unified District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 1654.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Mesa Unified District
Tax Lot 1
Cap Rate 6.93
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Off Street Attached Garage Paved Add'l Parking Avail Garage Door Opener
Water Source Master Meter City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 3804
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 860
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* Excluded Features
List By
Call Realty, Inc.

Broker

jepfamily@msn.com

Email

Affordability Calculator

$5,341
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,203
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327115 Elementary School
4327715 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2026$845,000 Listed Price

Map


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860 E BROWN Road # 29, Mesa, AZ, 85203 is a Multi-Family Home for sale at $845,000. 860 E BROWN Road # 29 is a studio with 0.0 baths and was built in 1980. The property's zip code is 85203 which is in Mesa, AZ