451 E 10TH Avenue, Apache Junction, AZ 85119
$750,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$750,000
Last Modified:
1/10/2026
Description
Incredible opportunity to own a well-maintained fourplex with STRONG INCOME potential! All units are spacious 2 bed/1 bath layouts. 3 units were tastefully renovated between Jan-May 2023, offering modern finishes and updated interiors. All four units feature BRAND NEW A/C units installed in 2022, providing efficiency and peace of mind. A new roof was completed on back duplex in Sept 2023. Community Laundry Units. One unit is currently vacant—perfect for an owner-occupant buyer utilizing FHA financing options for multi-family properties while generating rental income from the remaining units. Tenants are in place at strong rental rates, making this a solid investment with immediate cash flow. Ideal for investors or owner-users seeking long-term value. Drive-by only. Do not disturb tenants
More Information MLS# 6965788
Contract Info
Ownership: Fee Simple
Current Price: $750,000
List Price: $750,000
Status: Active
List Date: 2026-01-09
Location, Tax & Legal
Assessor's Map #: 23
Legal Description (Abbrev): LOT 92 PALM SPRINGS UNIT FIVE CAB 13 SLD 55
Assessor's Parcel #: 92
Add'l Parcels: No
Tax Municipality: Pinal - COUNTY
Census Tract: 315
Taxes: 1544
Legal: LOT 92 PALM SPRINGS UNIT FIVE CAB 13 SLD 55
Marketing Name: Palm Springs
House Number: 451
Compass: E
Street Name: 10TH
St Suffix: Avenue
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85119
Zip4: 3285
County Code: Pinal
Subdivision: PALM SPRINGS UNIT FIVE
Assessor Number: 102-23-092
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 7492
Total # of Units: 4
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Elementary School: Peralta Trail Elementary School
Jr. High School: Cactus Canyon Junior High
High School: Apache Junction High School
Year Built: 1980
Zoning: General Rural Z
Legal Info
Range: 08E
Section: 28
Township: 01N
Lot Number: 92
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Siding: 1
Roofing
Composition: 1
Floors
Tile: 1
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 4400
Annual Ins Exp: 0
Annual Landscape Exp: 600
Annual Maint Exp: 0
Annual Mgmt Exp: 4000
Annual Trash Exp: 400
Annual Wtr/Swr Exp: 2000
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 12944
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 57000
Total Monthly Rental Income: 5000
Pmt & Rate Info
Cap Rate: 3.33
Equity: 750000
1st Encumbrance: 0
Down Payment %: 0
Monthly Payments: 0
1st Interest Rate: 0
1st Payment Freq: Monthly
Total Owed: 0
Payment Includes
Principal: 1
Interest: 1
Taxes: 1
Insurance: 1
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Forced Air: 1
Electric: 1
Individual: 1
Central: 1
2 or More Units: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Individual: 1
2 or More Units: 1
Exterior Amenities
Desert Landscaping: 1
Rain Gutters: 1
Partially Fenced: 1
Patio/Balcony: 1
Separate Storage: 1
Security Light(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Tenant Pays
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Books Shwn Accpt Ofr: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
1 Space/Unit: 1
Add'l Parking Avail: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 4
Avg Rent: 1366
Avg SqFt: 746
# Baths: 1
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1366
Avg SqFt: 746
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: S. Winchester Road & E. 10th Avenue
Directions: From US60 & Idaho, head North. Make a right on 16th Ave. Make a left on Winchester Road. Make a right on 10th Ave. Fourplex is located on the right side of the road.
Geo Lat: 33.405309
Geo Lon: -111.541165
Income Expenses
Gross Annual Sch Inc: 60000
Net Operating Income: 25000
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Siding
Roofing: Composition
Floors: Tile; Vinyl; Carpet
Sale Includes: Land & Building; Laundry Equipment
Payment Includes: Principal; Interest; Taxes; Insurance
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Rain Gutters; Partially Fenced; Patio/Balcony; Separate Storage; Security Light(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Forced Air; Individual; Central; 2 or More Units
Cooling: Ceiling Fan(s); Electric; Individual; Central Air; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking Features: 1 Space/Unit; Add'l Parking Avail
Road Access Type: City Street
Road Surface Type: Gravel; Asphalt
Owner Pays: Water; Electric; Trash Collection; Landscaping
Tenant Pays: Cable TV
Source of Fincl Data: Owner; Books Shwn Accpt Ofr
Lockbox Type: Combo
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office:
Keller Williams Integrity First
Last Updated: January - 10 - 2026
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