651 N IRONWOOD Road Apache Junction, AZ $ 1,775,000
651 N IRONWOOD Road
$ 1,775,000
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651 N IRONWOOD Road

Apache Junction, AZ, 85119
$ 1,775,000
Baths0.0

Monthly Estimate*

$ 11,074

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Studio

Multi-Family Home for sale in Apache Junction, AZ

for $1,775,000. This home was built in 2025.

6.8% Cap Rate in a High-Growth Market! This brand-new 4-unit investment opportunity features spacious residences, each with 3 bedrooms plus a loft, 2.5 bathrooms, and an average of 1,793 square feet. All units include upgraded finishes such as LG appliances, refrigerators, ceiling fans, and window treatments. Each unit also offers a private, direct-access two-car garage with EV chargers and a fenced courtyard. The gated community includes a heated pool and spa, playground, dog park, and a beautifully maintained park. The property comes with strong investor incentives, including a full builder warranty, the first year of professional property management included, up to six months of guaranteed rents, prepaid HOA fees and hazard insurance for the first year, and complimentary leasing.

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Multi-Family Pending

Price

$ 1,775,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 155

Style

Multiple Dwellings

Year Built

2025

Town/City

Apache Junction

County/Region

Pinal

MLS | Web ID

6861780

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Heat Pump
Roof Built-Up
Zoning RES
Construction Materials Brick Veneer Wood Frame Stucco
Year Built 2025
Electric SRP Individual Meter
Township 01N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 120000.0
Community Features Other Barbecue Play Area Community Showers Heated Spa(s) Spa(s) Heated Pool(s) Pool
County Pinal
Net Operating Income 120000.0
Operating Expense 12635.0
Insurance Expense 6000.0
Property Type Multiple Dwellings
Attached Garage Y
MaintenanceExpense 0.0
Subdivision Name IRONWOOD STATION
Garage Y/N Y
Status Pending
Directions SOUTHEAST CORNER OF SUPERSTITION AND IRONWOOD
High School Apache Junction High School
City Apache Junction
Disclosures Subd Rpt/Exemption
High School District Apache Junction Unified District
Open Parking Spaces 0.0
Number Of Units Total 4
Lot Size Square Feet 0.0
Carport Y/N N
Elementary School Four Peaks Elementary School
Tax Annual Amount 155.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Cactus Canyon Junior High
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Vacant
Elementary School District Apache Junction Unified District
Tax Lot 1-4
Cap Rate 6.76
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Carpet Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Garage Door Opener Attached >1 Space Per Unit
Water Source Submetered System
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 0
Lot Size Acres 0.0
Covered Spaces 8.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 651
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* Excluded Features
List By
Re/Max Excalibur

Broker

dean@deanselvey.com

Email

Affordability Calculator

$11,087
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,074
Monthly Property Taxes
$13
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4893757 Elementary School
4326975 Middle School
Apache Junction High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2025$1,775,000 Listed Price

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651 N IRONWOOD Road, Apache Junction, AZ, 85119 is a Multi-Family Home for sale at $1,775,000. 651 N IRONWOOD Road is a studio with 0.0 baths and was built in 2025. The property's zip code is 85119 which is in Apache Junction, AZ