10411 E 1ST Street Apache Junction, AZ $ 1,200,000
10411 E 1ST Street
$ 1,200,000
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10411 E 1ST Street

Apache Junction, AZ, 85120
$ 1,200,000
Baths0.0

Monthly Estimate*

$ 7,389

10411 E 1ST Street, Apache Junction, AZ 85120 - Image 1
10411 E 1ST Street, Apache Junction, AZ 85120 - Image 2
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10411 E 1ST Street, Apache Junction, AZ 85120 - Image 4
10411 E 1ST Street, Apache Junction, AZ 85120 - Image 5
10411 E 1ST Street, Apache Junction, AZ 85120 - Image 6
10411 E 1ST Street, Apache Junction, AZ 85120 - Image 7
10411 E 1ST Street, Apache Junction, AZ 85120 - Image 8
10411 E 1ST Street, Apache Junction, AZ 85120 - Image 9
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10411 E 1ST Street, Apache Junction, AZ 85120 - Image 12
Studio

Multi-Family Home for sale in Apache Junction, AZ

for $1,200,000. This home was built in 1973.

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.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,220

Style

Multiple Dwellings

Year Built

1973

Town/City

Apache Junction

County/Region

Maricopa

MLS | Web ID

6991508

Features
General
Sewer Private Sewer
Heating Forced Air Central Electric
Cooling Central Air Ceiling Fan(s)
Roof Composition Metal
Zoning R3
Construction Materials Wood Frame Painted Stucco Block
Year Built 1973
Electric APS
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 68904.0
Community Features Other
County Maricopa
Net Operating Income 69600.0
Operating Expense 29320.0
Insurance Expense 3000.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Garage Y/N N
Status Active
High School Skyline High School
City Apache Junction
Disclosures Seller Prop Disc Stm
High School District Mesa Unified District
Open Parking Spaces 15.0
Number Of Units Total 6
Carport Y/N N
Elementary School Sousa Elementary School
Tax Annual Amount 1220.0
Electric Expense 1800.0
Fuel Expense 0.0
Middle/Junior High School Sousa Elementary School
Trash Expense 1800.0
Water Sewer Expense 3500.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Mesa Unified District
Tax Lot xx
Cap Rate 5.8
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features RV Access/Parking Other Add'l Parking Avail
Water Source City Franchise
Total Parking 15.0
Number of Buildings 5
Spa N
Lot Dimensions 246x156
Road Surface Type Dirt Gravel
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 10411
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* Excluded Features
List By
Orchard Brokerage

Broker

eric@ericwilliamsonrealtor.com

Email

Affordability Calculator

$7,490
Per Month
99%
1%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$102
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4327349 Elementary School
4327349 Middle School
Skyline High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$1,200,000 Listed Price

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10411 E 1ST Street, Apache Junction, AZ, 85120 is a Multi-Family Home for sale at $1,200,000. 10411 E 1ST Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 85120 which is in Apache Junction, AZ