501 E KACHINA Avenue, Apache Junction, AZ 85119
$599,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$599,000
Last Modified:
5/19/2025
Description
Investment opportunity in Apache Junction! This fourplex features four 2-bedroom, 1-bathroom units situated on a spacious lot. While the property requires some exterior TLC, it presents a fantastic chance to add value and generate strong rental income in a growing area. Investors & Owner Occupants Invited. All Facts and Figures Approximate, Buyer to Verify To Their Satisfaction
More Information MLS# 6868398
Contract Info
Current Price: $599,000
List Price: $599,000
Status: Active
List Date: 2025-05-19
Ownership: Fee Simple
Location Tax Legal
House Number: 501
Compass: E
Street Name: KACHINA
St Suffix: Avenue
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85119
Zip4: 7692
Country: US
County Code: Pinal
Subdivision: Palm Springs
Assessor Number: 102-26-042
Tax Year: 2023
General Property Description
Lot Size Dimensions: Irr
Year Built: 1982
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 1
Zoning: Multi
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
High School: Apache Junction High School
Remarks Misc
Cross Street: Southern and Idaho
Directions: From Southern & Idaho East to Winchester & North to Kachina, turn right
Geo Lat: 33.399541
Geo Lon: -111.540542
Status Change Info
Status Change Date: 2025-05-19
Legal Info
Township: 01N
Range: 08E
Section: 28
Lot Number: 1041
Income Expenses
Gross Annual Sch Inc: 48000
Net Operating Income: 22084
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1000
Avg SqFt: 720
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Built-Up
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Satellite Dish; Cable TV Available; Separate Storage
Interior Amenities: Unfurnished; Vertical Blinds
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking Features: >1 Space Per Unit
Owner Pays: Water
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Projected Proforma
Special: Incorporated Area
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; VA; FHA; Conventional; Owner May Carry
Environmental: Other (See Remarks)
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: May - 19 - 2025
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