$750,000

451 E 10th Ave Apache Junction, AZ 85119

Estimated payment $4,028/month

Total Views 466
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Carpet
  • Central Heating and Cooling System

About This Home

Incredible opportunity to own a well-maintained fourplex with STRONG INCOME potential! All units are spacious 2 bed/1 bath layouts. 3 units were tastefully renovated between Jan-May 2023, offering modern finishes and updated interiors. All four units feature BRAND NEW A/C units installed in 2022, providing efficiency and peace of mind. A new roof was completed on back duplex in Sept 2023. Community Laundry Units. One unit is currently vacant—perfect for an owner-occupant buyer utilizing FHA financing options for multi-family properties while generating rental income from the remaining units. Tenants are in place at strong rental rates, making this a solid investment with immediate cash flow. Ideal for investors or owner-users seeking long-term value. Drive-by only. Do not disturb tenants

Listing Agent

Jessica Keigley

Keller Williams Integrity First License #SA680668000 Listed on: 01/09/2026

Keller Williams Integrity First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1980

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Peralta Trail Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 102-23-092

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 7492
  • Palm Springs Unit Five Subdivision

Building Details

  • Operating Expense $11,844
  • Gross Income $57,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,544

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: S. Winchester Road & E. 10th Avenue
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: General Rural Z
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2025
  • Professional Management Expense: 3900.0
  • Subdivision Name: PALM SPRINGS UNIT FIVE
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), Electric, Individual, 2 or More Units
  • Heating: Individual, Central, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Trash Expense: 400.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Elementary School: Peralta Trail Elementary School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 7492
  • Additional Parcels: No
  • Parcel #: 102-23-092

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 4000.0
  • Annual Gross Income: 57000.0
  • Property Net Operating Income: 48000.0
  • Annual Operating Expense: 11844.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1544.0
  • Tax Book Number: 102.00
  • Tax Lot: 92

Map

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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 $1,508 $25,033 -- --
2024 $1,424 $24,608 -- --
2023 $1,485 $14,688 $0 $0
2022 $1,424 $12,697 $3,745 $8,952
2021 $1,450 $11,511 $0 $0
2020 $1,413 $10,013 $0 $0
2019 $1,355 $10,014 $0 $0
2018 $1,328 $8,866 $0 $0
2017 $1,293 $8,866 $0 $0
2016 $1,261 $8,866 $1,100 $7,766
2014 $1,194 $6,984 $1,100 $5,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2026 01/09/26 For Sale $750,000 +10.3% --
12/07/2023 12/07/23 Sold $680,000 +0.1% $417 / Sq Ft View Prior Sale
11/14/2023 11/14/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $679,000 0.0% $416 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $679,000 -3.0% $416 / Sq Ft
10/03/2023 10/03/23 For Sale $700,000 0.0% $429 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $700,000 -3.4% $429 / Sq Ft
08/07/2023 08/07/23 For Sale $725,000 0.0% $444 / Sq Ft
06/20/2023 06/20/23 Rented $1,295 -4.1% --
04/11/2023 04/11/23 Price Changed $1,350 -3.2% $2 / Sq Ft
03/28/2023 03/28/23 For Rent $1,395 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security Title Agency
Warranty Deed $680,000 Security Title Agency
Warranty Deed $415,000 Fidelity National Title
Warranty Deed $300,000 Clear Title
Cash Sale Deed $80,000 First American Title Ins Co
Warranty Deed $209,900 Security Title Agency
Warranty Deed $187,000 Capital Title Agency Inc
Warranty Deed $135,000 --
Cash Sale Deed $22,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $544,000 New Conventional
Previous Owner $285,000 New Conventional
Previous Owner $146,930 New Conventional
Previous Owner $184,110 FHA
Closed $52,475 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6965788

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-23-092