$545,000
SOLD JUL 9, 2025

501 E Kachina Ave Apache Junction, AZ 85119

-- Bed
-- Bath
2,880 Sq Ft
1982 Built

Recently Sold

$189 Per Sq Ft

9% Below List Price

18 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

As of July 2025

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

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 05/19/2025

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

John McKeon

Better Homes & Gardens Real Estate SJ Fowler License #SA639978000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1982

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 1041
  • Assessor Parcel Number 102-26-042

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irr
  • Palm Springs Subdivision

Building Details

  • Operating Expense $5,949
  • Gross Income $46,560
  • Net Operating Income $22,084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,349

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Southern and Idaho
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2023
  • Directions: From Southern & Idaho East to Winchester & North to Kachina, turn right
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Palm Springs
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 1600.0

Schools

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

Lot Info

  • Lot Size: Irr
  • Additional Parcels: No
  • Parcel #: 102-26-042

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 46560.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 22084.0
  • Annual Operating Expense: 5949.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1349.0
  • Tax Book Number: 102.00
  • Tax Lot: 1041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2019
Sold by
Cestnik Donald Franklin and Kaumo Leonard A
Bought by
Cestnik Donald Franklin

Purchase Details

Listed on
Dec 21, 2012
Closed on
Jan 11, 2013
Sold by
Residential Rentals Llc
Bought by
Cestnik Don
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Will Fry
Arizona Realty Shop
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%

Purchase Details

Listed on
Dec 21, 2012
Closed on
Dec 31, 2012
Sold by
Az Apartment Rentals Llc
Bought by
Residential Rentals
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Will Fry
Arizona Realty Shop
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%

Purchase Details

Closed on
Apr 15, 2010
Sold by
On Time Properties Llc
Bought by
Az Apartment Rentals Llc

Purchase Details

Closed on
Nov 17, 2008
Sold by
Edwards Bonique
Bought by
On Time Properties Llc

Purchase Details

Closed on
Oct 31, 2007
Sold by
Edwards Bonique
Bought by
Apex Properties Llc

Purchase Details

Closed on
Aug 21, 2003
Sold by
Miles Theodore J and Miles Darlene A
Bought by
Binjrajka Vinay and Binjarajka Vithika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
4.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 24, 1998
Sold by
Scardino Charles A and Scardino Maureen
Bought by
Miles Theodore J and Miles Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,150
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $150,000 Security Title Agency
Cash Sale Deed $123,000 None Available
Cash Sale Deed $123,000 None Available
Trustee Deed $102,001 None Available
Warranty Deed -- None Available
Warranty Deed $172,000 Capital Title Agency Inc
Warranty Deed $116,850 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 Unknown
Previous Owner $34,000 Stand Alone Second
Previous Owner $137,600 Negative Amortization
Previous Owner $105,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $545,000 -9.0% $189 / Sq Ft
05/19/2025 05/19/25 For Sale $599,000 +299.3% $208 / Sq Ft
01/14/2013 01/14/13 Sold $150,000 +0.1% $52 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $149,900 -- $52 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $1,349 $21,730 -- --
2024 $1,273 $21,748 -- --
2023 $1,328 $14,037 $0 $0
2022 $1,273 $20,017 $5,012 $15,005
2021 $1,297 $19,044 $0 $0
2020 $1,263 $13,755 $0 $0
2019 $1,212 $13,160 $0 $0
2018 $1,187 $8,142 $0 $0
2017 $1,156 $7,926 $0 $0
2016 $1,127 $7,919 $1,100 $6,819
2014 $1,068 $6,245 $1,100 $5,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6868398

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-26-042