Cash flowing 4 plex with LARGE living spaces near the 202! All units have MAJOR upgrades since the owner last purchased, including marble counters in the kitchen and bath, recessed lighting, light fixtures and water fixtures. All units come with laundry room and hook ups. Three units have 3 bed/1 bath. One unit is 2 bed/1 bath. Owner covers sewer, water, and trash and HOA.
CondoProperty Type
1984Year Built
9,583 sq ftLot Size
$251Est. Price/Sq.Ft.
6 spacesParking
Listed by Andrew LeBaron• LRA Real Estate Group, LLC
Bought with Andrew LeBaron• LRA Real Estate Group, LLC
Cash flowing 4 plex with LARGE living spaces near the 202! All units have MAJOR upgrades since the owner last purchased, including marble counters in the kitchen and bath, recessed lighting, light fixtures and water fixtures. All units come with laundry room and hook ups. Three units have 3 bed/1 bath. One unit is 2 bed/1 bath. Owner covers sewer, water, and trash and HOA.
ARMLS #6231724
Jun 22, 2021
Sold
$690,000
$199/sq ft
May 5, 2021
Listed
$715,000
$206/sq ft
ARMLS #5344615
Nov 30, 2015
Sold
$222,000
$64/sq ft
Nov 17, 2015
Pending
—
Nov 16, 2015
Sold
$222,000
$64/sq ft
Oct 20, 2015
Pending
—
Oct 6, 2015
Listed
$224,900
$65/sq ft
+7
Well Maintained Clean Fourplex. No Vacancy. Good Rental Area. All Large 2 Bedroom Units. Good Cash Flow. Near the 202 Freeway and Just Minutes to Arizona State University, Downtown Scottsdale or Downtown Mesa. All Facts and Figure Approximate, Buyer to Verify to their Satisfaction including MLS Info
ARMLS #2995585
Nov 30, 2008
Listing Removed
—
May 22, 2008
Listed
$225,000
$65/sq ft
ARMLS #2291842
May 20, 2005
Sold
$292,500
$84/sq ft
Apr 19, 2005
Listing Removed
—
Apr 7, 2005
Listed
$285,000
$82/sq ft
ARMLS #2194776
Oct 6, 2004
Sold
$260,000
$75/sq ft
Sep 28, 2004
Listing Removed
—
Aug 25, 2004
Listed
$260,000
$75/sq ft
Public Records
Jan 1, 1984
Sold
$133,660
$39/sq ft
Public Records
Mar 1, 1983
Sold
$134,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,463 (+0.5%)
2024
$1,455 (−0.8%)
2023
$1,467 (+6.2%)
2022
$1,382 (−1.5%)
$7,280 + $29,120
$36,400
2021
$1,403 (+1.3%)
$5,780 + $23,150
$28,930
2020
$1,385 (+7.2%)
$5,570 + $22,310
$27,880
2019
$1,292 (+4.3%)
$4,680 + $18,720
$23,400
2018
$1,238 (+3.1%)
$4,680 + $18,720
$23,400
2017
$1,201 (+1.9%)
$3,050 + $12,230
$15,280
2016
$1,178 (+6.2%)
$2,810 + $11,270
$14,080
2015
$1,109 (+2.9%)
$2,530 + $10,130
$12,660
2014
$1,078 (+16.3%)
$1,840 + $7,370
$9,210
2013
$927 (+2.6%)
$1,570 + $6,310
$7,880
2012
$904 (−21.8%)
$1,700 + $6,800
$8,500
2011
$1,156 (−6.4%)
$2,250 + $9,030
$11,280
2010
$1,235 (−33.0%)
$3,060 + $12,240
$15,300
2009
$1,844
$5,010 + $20,070
$25,080
Tax history for 1850 N Spring --
Year
Property tax
Land + Additions
Assessment*
2025
$1,463 (+0.5%)
2024
$1,455 (−0.8%)
2023
$1,467 (+6.2%)
2022
$1,382 (−1.5%)
$7,280 + $29,120
$36,400
2021
$1,403 (+1.3%)
$5,780 + $23,150
$28,930
2020
$1,385 (+7.2%)
$5,570 + $22,310
$27,880
2019
$1,292 (+4.3%)
$4,680 + $18,720
$23,400
2018
$1,238 (+3.1%)
$4,680 + $18,720
$23,400
2017
$1,201 (+1.9%)
$3,050 + $12,230
$15,280
2016
$1,178 (+6.2%)
$2,810 + $11,270
$14,080
2015
$1,109 (+2.9%)
$2,530 + $10,130
$12,660
2014
$1,078 (+16.3%)
$1,840 + $7,370
$9,210
2013
$927 (+2.6%)
$1,570 + $6,310
$7,880
2012
$904 (−21.8%)
$1,700 + $6,800
$8,500
2011
$1,156 (−6.4%)
$2,250 + $9,030
$11,280
2010
$1,235 (−33.0%)
$3,060 + $12,240
$15,300
2009
$1,844
$5,010 + $20,070
$25,080
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
9,583 Sq. Ft.
Year renovated
1984
Sq. Ft.
3,468
Year built
1984
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
13624110
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 7, 2026.
RM-4
Residential Multiple Dwelling Districts 4
To provide areas for a variety of housing types at densities of up to 43 units per gross acre. Designators (-2, -3, -4, and -5) are used to denote variations in the maximum allowed development intensity (See Table 11-5-5). Appropriate types of dwelling units include small-lot single residences, townhouses, cluster housing, and multiple residence housing. This district also provides for residential care facilities, residential home-based day care, group residential homes, manufactured home parks and subdivisions, recreational vehicle parks and subdivisions, park and recreation facilities, limited and small-scale residential support (including limited scale mixed-use commercial) activities, and civic and institutional uses such as churches and places for religious assembly that are appropriate in a residential environment.