$600,000
Apache Junction, AZ 85119
MLS# 6968443
Status: Closed
1 / 18
Property Description
Awesome Apache Junction investment opportunity. Multiple long term tenants of 7+ years and a recently refreshed unit that is ready for a new tenant. Four 2 bed/1 bath units each with dedicated laundry. Convenient location that is walking distance to Fry's, Central Arizona College, and many restaurants.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $600,000
Sold Price: $600,000
Status: Closed
List Date: 2026-01-14
Location, Tax & Legal
Assessor's Map #: 21
Legal Description (Abbrev): N-66' OF S-330' OF W-165' OF E1/2 NE NW SW SEC 21-1N-8E .25 AC EA SEMENT 1153/072
Assessor's Parcel #: 70
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Pinal - COUNTY
Census Tract: 310
Taxes: 1577
Legal: N-66' OF S-330' OF W-165' OF E1/2 NE NW SW SEC 21-1N-8E .25 AC EA SEMENT 1153/072
Marketing Name: Apache Junction 4-Plex
House Number: 111
Compass: S
Street Name: OUTPOST
St Suffix: Road
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85119
Zip4: 2380
County Code: Pinal
Subdivision: S21 T1N R8E
Assessor Number: 101-21-070-B
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: Metes & Bounds
Total # of Units: 4
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Elementary School: Four Peaks Elementary School
Jr. High School: Cactus Canyon Junior High
High School: Apache Junction High School
Year Built: 1983
Zoning: GR
Legal Info
Range: 08E
Section: 21
Township: 01N
Lot Number: Metes & Bounds
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Wood Siding: 1
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Mgmt Exp: 3498
Annual Wtr/Swr Exp: 1500
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6575
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 46854
Total Monthly Rental Income: 2915
Pmt & Rate Info
Cap Rate: 5.74
Equity: 650000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Partially Fenced: 1
Patio/Balcony: 1
Interior Features
Unfurnished: 1
Tenant Pays
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Dirt: 1
Source of Fincl Data
Owner: 1
Water Source
Private: 1
Sewer
Septic-In & Connected: 1
Parking Features
>1 Space Per Unit: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 971.66
Avg SqFt: 775
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 7500
Seller Concession $/%: $
Remarks Misc
Cross Street: Idaho & Old West Hwy
Directions: North on Idaho Rd to E. Junction St. Turn South on S. Outpost Rd. 3rd building on East Side of Road.
Geo Lat: 33.414088
Geo Lon: -111.542568
Status Change Info
Off Market Date: 2026-04-13
Under Contract Date: 2026-03-10
Close of Escrow Date: 2026-04-17
Sold Price: $600,000
Income Expenses
Gross Annual Sch Inc: 49320
Net Operating Income: 37279
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Wood Siding; Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced; Patio/Balcony
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Heating: Central
Cooling: Ceiling Fan(s); Electric
Water Source: Private
Sewer: Septic-In & Connected
Electric: SRP; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit
Road Surface Type: Dirt; Asphalt
Owner Pays: Water; Landscaping
Tenant Pays: Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Realty ONE Group
Last Updated: April - 18 - 2026
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