561 S MERIDIAN Road, Apache Junction, AZ 85120
$774,450
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$774,450
Last Modified:
6/05/2025
Description
This four plex is a nicely completed remodeled in 2019 and brought up to date. It has been fully rented since the rehab. This is a great cashflow opportunity with room to raise rents. Current rents are between $1200 and $1395 monthly. There are three 2 bed 1 bath apartments ($1200) and one 3 bed 2 bath apartment $1395). This is a single level property. Units are individually metered for electric in which the tenant pays. These units have been professionally managed and have leases in place.***DO NOT DISTURB TENANTS, DRIVE BY ONLY PLEASE*** Some of the information provided by the owners was estimated, please do your own research.
More Information MLS# 6853973
Contract Info
Current Price: $774,450
List Price: $774,450
Status: Active
List Date: 2025-04-18
Ownership: Fee Simple
Location Tax Legal
House Number: 561
Compass: S
Street Name: MERIDIAN
St Suffix: Road
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85120
Zip4: 6575
Country: US
County Code: Pinal
Subdivision: SMYTHE'S COUNTY LINE SUBDIVISION
Assessor Number: 101-08-008
Tax Year: 2024
General Property Description
Lot Size Dimensions: 108.92 x 108.92
Year Built: 2007
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 1
Zoning: GR
Flood Zone: TBD
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Elementary School: Four Peaks Elementary School
Jr. High School: Cactus Canyon Junior High
High School: Apache Junction High School
Remarks Misc
Cross Street: Broadway and Meridian
Directions: At intersection of Broadway and Meridian, North on Meridian to the Unit, about 7 lots down, on the East side of the road.
Geo Lat: 33.409972
Geo Lon: -111.58032
Status Change Info
Status Change Date: 2025-04-18
Legal Info
Township: 01N
Range: 08E
Section: 19
Block: 2
Lot Number: 3
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1200
Avg SqFt: 700
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1395
Avg SqFt: 950
# Baths: 2
Contact Info
List Agent Home Phn: 480-433-6163
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range
Heating: Individual; Central
Cooling: Individual; Central Air
Water Source: Private; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office: Bullseye Property Management, LLC
Last Updated: June - 05 - 2025
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