$739,900
Apache Junction, AZ 85119
MLS# 7024580
1 / 2
Property Description
Turnkey Fourplex, 100% Occupied, Good Cash Flow, Tenants Pay Electric and Water. Super for Investor or Owner Occupant. Located Near Recreation, Lakes, Mountains for Hiking and More. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. Currently Owner Operated Long Term.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $739,900
List Price: $739,900
Status: Active
List Date: 2026-05-06
Location, Tax & Legal
Assessor's Map #: 27
Legal Description (Abbrev): LOT 1624 PALM SPRINGS UNIT 15
Assessor's Parcel #: 123
Add'l Parcels: No
Tax Municipality: Pinal - COUNTY
Census Tract: 318
Taxes: 1441
Legal: LOT 1624 PALM SPRINGS UNIT 15
Marketing Name: Great opportunity 4 plex
House Number: 1504
Compass: E
Street Name: 29TH
St Suffix: Avenue
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85119
Zip4: 7208
Country: US
County Code: Pinal
Subdivision: PALM SPRINGS UNIT 15
Assessor Number: 102-27-123
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 90 x 109
Flood Zone: No
Total # of Units: 4
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
High School: Apache Junction High School
Year Built: 1981
Zoning: CR-5
Legal Info
Range: 08E
Section: 33
Township: 01N
Lot Number: 1624
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1441
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 54720
Pmt & Rate Info
Cap Rate: 0.68
Equity: 739900
Down Payment %: 20
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Central: 1
2 or More Units: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
2 or More Units: 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Septic Tank: 1
Septic-In & Connected: 1
Parking Features
On Street: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1200
Avg SqFt: 700
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Tomahawk and US 60 Freeway
Directions: North on Tomahawk to 29th & Turn West
Geo Lat: 33.38873
Geo Lon: -111.529646
Income Expenses
Gross Annual Sch Inc: 57600
Net Operating Income: 5000
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Dishwasher
Heating: Central; Heat Pump; 2 or More Units
Cooling: Ceiling Fan(s); Central Air; 2 or More Units
Water Source: City Franchise
Sewer: Septic Tank; Septic-In & Connected
Electric: SRP
Gas: None
Parking Features: On Street
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks
New Financing: Cash; VA; Conventional
Environmental: None
Listing Office: West USA Realty
Last Updated: May - 07 - 2026
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