268 N Ocotillo Dr Apache Junction, AZ 85120
Estimated payment $7,497/month
Highlights
- Two cooling system units
- Wood Siding
- Heat Pump System
- Ceiling Fan
About This Home
This Investment opportunity Features 8 Single Family Residences on 3 lots, 7 of which are rented bringing in a 7 CAP currently! with some renovation the 8th home would allow for a relatively easy 8+ CAP property! This listing features a few address',
268 Ocotillo dr, Apache Junction, Az
1032 & 1034 n Main dr, Apache Junction, Az
6 Are Stick built homes, 2 are pre-HUD manufactured homes. Single Families will likely allow for a highher rent premium than a standard apartment! This is the deal of 2026! Reach out with questions and drive-by only. DO NOT DISTURB TENANTS!
Listing Agent
Better Homes & Gardens Real Estate SJ Fowler License #SA665861000 Listed on: 03/20/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,396
Year Built
- Built in 1957
Lot Details
- Dirt Road
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Wood Siding
- Steel Siding
- Stucco
Interior Spaces
- Ceiling Fan
Parking
- 20 Open Parking Spaces
- 22 Parking Spaces
- 2 Covered Spaces
Schools
- Apache Junction High School
Utilities
- Two cooling system units
- Cooling System Mounted To A Wall/Window
- Central Air
- Heat Pump System
- Individual Gas Meter
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 34
- Assessor Parcel Number 101-03-032
Community Details
Overview
- 8 Buildings
- 8 Units
- Building Dimensions are Varies
- Cayton Subdivision
Building Details
- Operating Expense $15,007
- Gross Income $110,813
- Net Operating Income $95,806
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,936 | $42,226 | -- | -- |
| 2024 | $1,828 | $41,496 | -- | -- |
| 2023 | $1,906 | $36,981 | $2,813 | $34,168 |
| 2022 | $1,828 | $25,310 | $2,813 | $22,497 |
| 2021 | $1,862 | $22,404 | $0 | $0 |
| 2020 | $1,814 | $17,910 | $0 | $0 |
| 2019 | $1,617 | $15,640 | $0 | $0 |
| 2018 | $1,587 | $14,651 | $0 | $0 |
| 2017 | $1,550 | $13,398 | $0 | $0 |
| 2016 | $1,506 | $12,760 | $3,623 | $9,137 |
| 2014 | $1,395 | $8,966 | $3,623 | $5,343 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $1,350,000 | +335.5% | -- | |
| 12/11/2020 12/11/20 | Sold | $310,000 | -12.7% | $103 / Sq Ft | View Prior Sale |
| 12/01/2020 12/01/20 | For Sale | $355,000 | 0.0% | $118 / Sq Ft | |
| 12/01/2020 12/01/20 | Price Changed | $355,000 | 0.0% | $118 / Sq Ft | |
| 10/16/2020 10/16/20 | Pending | -- | -- | -- | |
| 09/09/2020 09/09/20 | For Sale | $355,000 | -- | $118 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7001492
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 2244 W Apache Trail
- 488 N Saguaro Dr
- 110 S Palo Verde Dr
- 4905 N Delaware Dr Unit 100-11-032D
- 468 N Ironwood Dr
- 0 N Delaware Dr Unit 6956478
- 2090 W Superstition Blvd Unit 25
- 324 S Ocotillo Dr
- 832 N Main Dr
- 455 S Delaware Dr Unit 128
- 710 N Ironwood Dr
- 1877 W Road Agent St
- 1896 W Road Agent St
- 651 N Ironwood Dr Unit 60
- 651 N Ironwood Dr Unit 22
- 651 N Ironwood Dr Unit 3
- 651 N Ironwood Dr Unit 67
- 651 N Ironwood Dr Unit 68
- 651 N Ironwood Dr Unit 8
- 651 N Ironwood Dr Unit 61
- 455 N Delaware Dr Unit 7
- 455 S Delaware Dr Unit 179
- 455 S Delaware Dr Unit 112
- 455 S Delaware Dr Unit 171
- 853 N Main Dr
- 1884 W Expressman St
- 677 S Warner Dr Unit 2
- 1446 S Palo Verde Dr Unit apache
- 854 S San Marcos Dr Townhome #10b --
- 11201 E Jupiter Dr
- 44 N Mountain Rd Unit 1
- 11346 E Dartmouth St
- 702 S Meridian Rd
- 11122 E Arbor Ave
- 341 S Mountain Rd Unit 1
- 341 S Mountain Rd Unit Lot 3
- 1444 S Zuni Dr
- 422 N 110th St
- 1440 N Idaho Rd Unit 2041
- 1440 N Idaho Rd Unit 2096
Ask me questions while you tour the home.