$527,000

445 E Hondo Ave Apache Junction, AZ 85119

Estimated payment $2,943/month

Total Views 55
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Wood Siding
  • Heat Pump System

About This Home

Investment opportunity in Apache Junction! This fourplex features four 2-bedroom, 1-bathroom units situated on a spacious lot. While the property requires some 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

Listing Agent

Wally Erickson

Erickson Realty Group L.L.C. License #BR523953000 Listed on: 03/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Apache Junction High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for trash collection
  • Tax Lot 1011
  • Assessor Parcel Number 102-26-012

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10026 feet
  • Palm Springs Unit Ten Subdivision

Building Details

  • Operating Expense $1,520
  • Gross Income $44,400
  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,520

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Winchester/ 16th Ave
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2025
  • Road Surface Type: Gravel
  • Subdivision Name: PALM SPRINGS UNIT TEN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Wood Siding
  • Roof: Composition

Garage/Parking

  • Parking Features: On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Electric: SRP
  • Cooling: Central Air, Electric
  • Heating: Heat Pump, Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 10026 feet
  • Additional Parcels: No
  • Parcel #: 102-26-012

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Water, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 44400.0
  • Property Net Operating Income: 44400.0
  • Annual Operating Expense: 1520.0

Tax Info

  • Tax Annual Amount: 1520.0
  • Tax Book Number: 102.0
  • Tax Lot: 1011

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,484 $22,117 -- --
2024 $1,401 $22,366 -- --
2023 $1,461 $14,982 $0 $0
2022 $1,401 $20,367 $5,012 $15,355
2021 $1,427 $19,366 $0 $0
2020 $1,390 $14,030 $0 $0
2019 $1,334 $13,413 $0 $0
2018 $1,307 $8,353 $0 $0
2017 $1,353 $8,461 $0 $0
2016 $1,330 $8,437 $1,100 $7,337
2014 $1,314 $7,685 $1,100 $6,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2026 03/28/26 For Sale $527,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $115,000 --
Quit Claim Deed -- United Title Agency
Joint Tenancy Deed $63,500 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7005732

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-26-012

Your Personal Tour Guide

Ask me questions while you tour the home.