$275,000

406 E Washington Ave Unit C Gilbert, AZ 85234

$3,266
Closing credit¹
2 beds
2 baths
813 sqft
0.02 acres
$338 / sqft
Townhouse

Property details

About 406 E Washington Ave Unit C

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

Highlights

Home typeTownhouse
HeatingElectric
StatusActive
CoolingCentral Air
Size813 sqft
Lot size0.02 Acres
Year built1982
ParkingAssigned
MLS #6830622

Summary

  • MLS Number: 6830622
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Office Email: andrew@myhomegroup.com
  • Listing Agent: Benjamin Arredondo, Kimberly R Harpster

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property exterior featuring a yard, a tile roof, and stucco siding

$275,000

406 E Washington Ave Unit C

$3,266

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 14, 2022
Home Sold
$208,000
Aug 08, 1994
Home Sold
$36,000

Tax history

YearAssessmentProperty Tax
2024$23,050$386
2023$17,530$453
2022$13,510$468
2020$8,230$461
2019$7,520$417

History based on county public records data.

Nearby schools

7

Burk Elementary School

Public District PK-6

0.6 mi

545 N Burk St

4

Gilbert Elementary School

Public District PK-6

0.7 mi

175 W Elliot Rd

8

Mesquite Elementary School

Public District PK-6

0.9 mi

1000 E Mesquite St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $77,419. The most common annual income of people living in Gilbert, AZ is between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

19%
<35k
44%
35k-100k
21%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
10%
Single, with Kids
42%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
10%
12-17 yrs old
15%
18-34 yrs old
51%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 406 E Washington Ave Unit C

This home is located at 406 E Washington Ave Unit C in Gilbert, AZ and zip code 85234 in the Meadowbrook Village neighborhood. This 813 square foot home, which was built in 1982, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $275,000.

Over 24 listings were sold over their listed price in February 2025 in Gilbert, AZ. In the same period over 132 listings were sold below the listed price and 53 listings were sold for the listed price. In February 2025 in Gilbert, AZ there were 9.9% more homes for sale than in January. Listings spent 68 days on the market in February 2025, and had a median list price of $584,591 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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