Back on market on 12/9. Great opportunity to add this to your portfolio. Highly coveted E Brown Rd - Fourplex. Unique design. Excellent Unit mix. (3) 2 beds - 1.5baths (1) 3 bed 2bath unit mix. Tenants pay all utilites. 5.43 Cap on Actuals. Possible value add opportunity with renovations and 7-10% annual rental bumps. Beautiful amenties, two car garage for two units, pool. In unit washer and dryer.
Multi-familyProperty Type
1980Year Built
12 spacesParking
Listed by Daniel Papin• W and Partners, LLC
Listed by Brandon Wendt• W and Partners, LLC
Bought with John McKeon• Better Homes & Gardens Real Estate SJ Fowler
PERFECT 4-PLEX SET UP! This can also be sold with a neighboring 4-plex in the same community for the same price (also listed for sale but different owners). Units are designed so that tenants are never above/beneath one another. Building has just been renovated inside and out. This is 1 of 2 buildings in the entire complex in which the owner has put washer/dryer hook-ups into all 4 units. Each tenant has a 1 car garage, units have private patios, all units are sub-metered for water (so that tenants may be charged direct). Community has a pool/laundromat. Unit 45 is a single level 3 bedroom & 2 full baths with inside laundry & covered patio - $1150 rent. Unit 46 is a two story unit which includes 2 bedrooms 1.50 bath & covered patio - $950 rent. Unit 47 is single story with 2 bedrooms & 1.50 baths and includes inside laundry - rent is $900. Unit 48 is a two story with 2 bedrooms & 1.50 baths - rent is $900. HOA is $396/month, water is ~$200/month, taxes are $1455/year. Tenants pay electric. Community and unit floor plans and maps are attached. Community rents are as high as $1350 for 3 bed units and $1150 for 2 bed units. See documents tab for all available financial.
Public Records
Jul 7, 2015
Sold
$250,000
Public Records
May 19, 2008
Sold
$255,000
Public Records
Dec 2, 2005
Sold
$427,500
Public Records
Mar 14, 2005
Sold
$375,000
Public Records
May 30, 2003
Sold
$277,250
Year
Property tax
Land + Additions
Assessment*
2025
$1,748 (+0.5%)
2024
$1,740 (−0.8%)
2023
$1,754 (+2.1%)
2022
$1,718 (−1.2%)
$9,550 + $38,220
$47,770
2021
$1,738 (+1.3%)
$8,330 + $33,350
$41,680
2020
$1,716 (+7.0%)
$7,140 + $28,590
$35,730
2019
$1,603 (+4.2%)
$6,030 + $24,120
$30,150
2018
$1,539 (+3.1%)
$6,030 + $24,120
$30,150
2017
$1,493 (+1.9%)
$3,840 + $15,370
$19,210
2016
$1,465 (+6.4%)
$3,560 + $14,260
$17,820
2015
$1,377 (−0.3%)
$3,160 + $12,640
$15,800
2014
$1,381 (+20.0%)
$2,390 + $9,590
$11,980
2013
$1,150 (−7.0%)
$1,880 + $7,540
$9,420
2012
$1,236 (−6.7%)
$2,240 + $8,970
$11,210
2011
$1,325 (+1.5%)
$2,500 + $10,000
$12,500
2010
$1,305 (+67.8%)
$4,220 + $16,880
$21,100
2009
$778
$800 + $9,120
$9,920
Tax history for 860 E Brown Rd #45
Year
Property tax
Land + Additions
Assessment*
2025
$1,748 (+0.5%)
2024
$1,740 (−0.8%)
2023
$1,754 (+2.1%)
2022
$1,718 (−1.2%)
$9,550 + $38,220
$47,770
2021
$1,738 (+1.3%)
$8,330 + $33,350
$41,680
2020
$1,716 (+7.0%)
$7,140 + $28,590
$35,730
2019
$1,603 (+4.2%)
$6,030 + $24,120
$30,150
2018
$1,539 (+3.1%)
$6,030 + $24,120
$30,150
2017
$1,493 (+1.9%)
$3,840 + $15,370
$19,210
2016
$1,465 (+6.4%)
$3,560 + $14,260
$17,820
2015
$1,377 (−0.3%)
$3,160 + $12,640
$15,800
2014
$1,381 (+20.0%)
$2,390 + $9,590
$11,980
2013
$1,150 (−7.0%)
$1,880 + $7,540
$9,420
2012
$1,236 (−6.7%)
$2,240 + $8,970
$11,210
2011
$1,325 (+1.5%)
$2,500 + $10,000
$12,500
2010
$1,305 (+67.8%)
$4,220 + $16,880
$21,100
2009
$778
$800 + $9,120
$9,920
*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
3,804 Sq. Ft.
Year renovated
1980
Sq. Ft.
4,042
Year built
1980
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
13709325
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 26, 2026.
RM-4
PAD
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.