478 E MONTEBELLO Avenue Apache Junction, AZ $ 569,000
478 E MONTEBELLO Avenue
$ 569,000
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478 E MONTEBELLO Avenue

Apache Junction, AZ, 85119
$ 569,000
Baths0.0

Monthly Estimate*

$ 3,593

478 E MONTEBELLO Avenue, Apache Junction, AZ 85119 - Image 1
Studio

Multi-Family Home for sale in Apache Junction, AZ

for $569,000. This home was built in 1983.

Investment opportunity in Apache Junction! This fully rented fourplex offers four 2-bedroom, 1-bath units on a spacious lot, providing excellent potential in a growing rental market. It presents a strong value add opportunity for both investors and owner?occupants looking to enhance cash flow and long?term returns. Each unit features a functional layout with room to improve and modernize. Both street access and alley access parking are available to Tenants. Fenced yards, storage and laundry room included

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Multi-Family Active

Price

$ 569,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,647

Style

Multiple Dwellings

Year Built

1983

Town/City

Apache Junction

County/Region

Pinal

MLS | Web ID

7051558

Features
General
Sewer Septic in & Cnctd Septic Tank
Heating Forced Air Electric Ceiling
Cooling Central Air Ceiling Fan(s) Electric
Roof Built-Up Foam
Zoning RM-2
Construction Materials Wood Siding Wood Frame Painted Stucco
Year Built 1983
Electric SRP Individual Meter
Township 01N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 53935.2
Community Features No Pool
County Pinal
Net Operating Income 49254.0
Operating Expense 4682.0
Insurance Expense 1800.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name PALM SPRINGS UNIT FOURTEEN
Garage Y/N N
Status Active
Directions GO EAST ON SOUTHERN FROM IDAHO TO WINCHESTER TURN LEFT TO MONTEBELLO TURN RIGHT GO TO 478 ON LEFT.
High School Apache Junction High School
City Apache Junction
Disclosures Seller Prop Disc Stm
High School District Apache Junction Unified District
Open Parking Spaces 8.0
Number Of Units Total 4
Carport Y/N N
Elementary School Desert Vista Elementary School
Tax Annual Amount 1647.0
Middle/Junior High School Cactus Canyon Junior High
Trash Expense 275.0
Water Sewer Expense 960.0
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 Apache Junction Unified District
Tax Lot 1419
Cap Rate 8.66
New Financing: Conventional True
Senior Community N
New Financing: Cash True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Off Street Free Add'l Parking Avail >1 Space Per Unit On Street
Water Source Master Meter Community Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 92 X 109
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 478
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

ScottsAZRealEstate@msn.com

Email

Affordability Calculator

$3,730
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,593
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4327902 Elementary School
4326975 Middle School
Apache Junction High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2026$569,000 Listed Price

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478 E MONTEBELLO Avenue, Apache Junction, AZ, 85119 is a Multi-Family Home for sale at $569,000. 478 E MONTEBELLO Avenue is a studio with 0.0 baths and was built in 1983. The property's zip code is 85119 which is in Apache Junction, AZ