1504 E 29TH Avenue, Apache Junction, AZ 85119

$739,900
Property Type: Multiple Dwellings Status: Active
Current Price: $739,900 Last Modified: 5/07/2026

Overview

Description

Turnkey Fourplex, 100% Occupied, Good Cash Flow, Tenants Pay Electric and Water. Super for Investor or Owner Occupant. Located Near Recreation, Lakes, Mountains for Hiking and More. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. Currently Owner Operated Long Term.

Listing Details MLS# 7024580

Location, Tax & Legal

House Number
1504
Compass
E
Street Name
29TH
St Suffix
Avenue
City/Town Code
Apache Junction
State/Province
AZ
Zip Code
85119
Zip4
7208
Country
US
County Code
Pinal
Subdivision
PALM SPRINGS UNIT 15
Assessor Number
102-27-123
Tax Year
2025
Assessor's Map #
27
Legal Description (Abbrev)
LOT 1624 PALM SPRINGS UNIT 15
Assessor's Parcel #
123
Add'l Parcels
No
Tax Municipality
Pinal - COUNTY
Census Tract
318
Taxes
1441
Legal
LOT 1624 PALM SPRINGS UNIT 15
Marketing Name
Great opportunity 4 plex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
90 x 109
Year Built
1981
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
CR-5
Flood Zone
No
Elementary School District
Apache Junction Unified District
High School District
Apache Junction Unified District
High School
Apache Junction High School

Remarks Misc

Cross Street
Tomahawk and US 60 Freeway
Directions
North on Tomahawk to 29th & Turn West

Legal Info

Township
01N
Range
08E
Section
33
Lot Number
1624

Income Expenses

Gross Annual Sch Inc
57600
Net Operating Income
5000

More Information

Showing Notification Methods

Showing Service
Aligned Showings

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1200
Avg SqFt
700
# Baths
Yes

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1441
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
54720

Pmt & Rate Info

Cap Rate
0.68
Equity
739900
Down Payment %
20
Monthly Payments
0
Total Owed
0

Lockbox Type

See Private Remarks
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Central
Yes
2 or More Units
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
2 or More Units
Yes

Tenant Pays

Water
Yes
Electricity
Yes
Trash Collection
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Septic Tank
Yes
Septic-In & Connected
Yes

Parking Features

On Street
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Dishwasher Heating: Central; Heat Pump; 2 or More Units Cooling: Ceiling Fan(s); Central Air; 2 or More Units Water Source: City Franchise Sewer: Septic Tank; Septic-In & Connected Electric: SRP Gas: None Parking Features: On Street Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: See Private Remarks New Financing: Cash; VA; Conventional Environmental: None
IDX
Listing Office: West USA Realty
Last Updated: May - 07 - 2026
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