405 N Capitol Ave, Gila Bend, AZ 85337

Multifamily · Gila Bend · Phoenix metro, AZ

One of 17 reachable multifamily buildings in Gila Bend. Larger than 94% of multifamily buildings in Gila Bend (median 2,880 SF), derived from assessor records.

County gross building area
34,216 SF, Maricopa County Assessor
Lot size
271,495 SF, Maricopa County Assessor
Year built
1983, Maricopa County Assessor
Stories
2, Maricopa County Assessor
Buildings on parcel
4, Maricopa County Assessor
Predominant use
Apartments 25 - 99 Units 2 Story, Maricopa County Assessor
Units
36, Maricopa County Assessor
Assessed value
$3,304,600, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$96.58/SF, derived from assessor records
Building area / lot
0.13, derived from assessor records
Vintage
1980s vintage
County use code
APARTMENTS 25 - 99 UNITS 2 STORY

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate: $4.17M (estimated market value), with a likely range of $3.33M to $4.95M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $3,304,600 times a 1.26 market ratio, measured from 3891 verified arm's-length sale prices vs county values (multifamily sales across the county, through 2026-06-29). Not an appraisal. How this estimate works. About $116K per unit at the midpoint (36 units).

lower confidence: parcel-level comparable support is thin; treat the estimate as a starting point.

Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$2M$4M$6M$8M20262027$4.17M$3.3MCounty assessed valueMakeMe Estimate range

Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $4,196,100 (2026) to $3,304,600 (2027), down 21% over 1 years, per county tax rolls. The 2027 roll splits $3,304,600 into $660,900 land and $2,643,700 improvements.