$ 1,200,000
-
$1,200,000
Price -
6
Bed -
3
Bath -
0
SqFt
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About the Listing orbr001 - fw125
10411 E 1st St is a 6-unit, 5-building multifamily asset on a 1.04-acre lot in Apache Junction, offering investors a rare combination of low operating expenses, strong in-place income, and clear rent-growth upside. The property is positioned in a high-demand workforce housing corridor with durable tenant demand and minimal competing supply. With a reported NOI of $69,600 and a 5.8% cap rate at list price, the asset performs as a stabilized cash-flowing investment with for appreciation. The property's in-place rents are materially below market, especially for the 1-bedroom units averaging $950, which is low for the East Valley's workforce housing segment.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
6991508
Year Built
1973
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
School District
Mesa Unified District
Elementary School
Sousa Elementary School
Middle School
Sousa Elementary School
High School
Skyline High School
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air,Ceiling Fan(s)
- Heating: Forced Air,Central,Electric
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition,Metal
- Others:
- Sewer: Private Sewer
- Parking Features: RV Access/Parking,Add'l Parking Avail
Financial Details
- Tax Amount: $1,220
- Taxes w/Assessments: N/A
- Tax/Property ID: 220-47-059-A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
10411 E 1st St Apache Junction, AZ 85120
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