10411 E 1st Street, Apache Junction, AZ 85120
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
10411 E 1st Street,Apache Junction, AZ 85120
$1,000,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: eric williamson
Office: orchard brokerage
MLS#:6991508
Source:ARMLS
Price summary
- Price:$1,000,000
About this home
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.
***SELLER MAY CARRY***
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Home facts
- Year built:1973
- Listing ID #:6991508
- Updated:April 24, 2026 at 02:54 PM
Rooms and interior
- Flooring:Tile
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1973
- Construction Materials:Block, Painted, Stucco
Schools
- High school:Skyline High School
- Middle school:Sousa Elementary School
- Elementary school:Sousa Elementary School
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$1,000,000
- Tax amount:$1,220 (2025)
Parking
- Total parking spaces:15
- Parking description:Additional Parking Available, RV Access/Parking
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