$542,500
$599,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
1461 E SOUTHERN Avenue Apache Junction, AZ 85119
Key Details
Sold Price $542,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Palm Springs Unit 15
MLS Listing ID 6924305
Sold Date 11/06/25
Year Built 1981
Annual Tax Amount $1,546
Tax Year 2024
Lot Dimensions 90 x 109
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Great Investment opportunity in Apache Junction!! This four-plex features four 2-bedroom, 1-bathroom units, each designed for comfortable living and steady rental demand. With strong cash flow potential and a location close to schools, and major highways, this property is ideal for both seasoned investors and those looking to grow their portfolio. A rare chance to own a solid income-producing asset in a desirable area.
Location
State AZ
County Pinal
Community Palm Springs Unit 15
Area Pinal
Zoning MULTI
Direction Head west on Southern Avenue from Tomahawk Road, 5th building on the left.
Interior
Heating Electric
Cooling Electric
Flooring Carpet
Appliance Free-Standing Range, Disposal, Refrigerator
Exterior
Parking Features >1 Space Per Unit
Community Features No Pool
Roof Type Rolled/Hot Mop
Private Pool No
Building
Sewer Septic Tank
Water City Franchise
New Construction No
Schools
Elementary Schools Peralta Trail Elementary School
Middle Schools Cactus Canyon Junior High
High Schools Apache Junction High School
School District Apache Junction Unified District
Others
Senior Community No
Tax ID 102-27-255
Acceptable Financing Conventional, FHA, VA Loan
Disclosures Seller Prop Disc Stm
Listing Terms Conventional, FHA, VA Loan
Financing Conventional
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Bought with Desert River Realty