$1,775,000
PENDING

651 N Ironwood Dr Apache Junction, AZ 85120

Estimated payment $9,386/month

Total Views 12,845
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Heated Spa
  • 8 Car Attached Garage
  • Cooling Available
  • Outdoor Community Showers
  • Brick Veneer
  • Community Playground

About This Home

6.8% Cap Rate in a High-Growth Market! This brand-new 4-unit investment opportunity features spacious residences, each with 3 bedrooms plus a loft, 2.5 bathrooms, and an average of 1,793 square feet. All units include upgraded finishes such as LG appliances, refrigerators, ceiling fans, and window treatments. Each unit also offers a private, direct-access two-car garage with EV chargers and a fenced courtyard. The gated community includes a heated pool and spa, playground, dog park, and a beautifully maintained park. The property comes with strong investor incentives, including a full builder warranty, the first year of professional property management included, up to six months of guaranteed rents, prepaid HOA fees and hazard insurance for the first year, and complimentary leasing.

Listing Agent

Dean Selvey

RE/MAX Excalibur License #SA020464000 Listed on: 05/01/2025

RE/MAX Excalibur

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $155

Year Built

  • Built in 2025

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Car Attached Garage
  • Over 1 Space Per Unit
  • Automatic Garage Door Opener

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Four Peaks Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 1-4
  • Assessor Parcel Number 101-15-107

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0
  • Ironwood Station Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Outdoor Community Showers
  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $12,635
  • Gross Income $120,000
  • Net Operating Income $120,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$155

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Cross Street: SUPERSTITION/IRONWOOD
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2024
  • Directions: SOUTHEAST CORNER OF SUPERSTITION AND IRONWOOD
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: IRONWOOD STATION
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Community Features Play Area: Yes
  • Community Features Heated Pool(s): Yes
  • Community Features Heated Spa(s): Yes
  • Community Features Community Showers: Yes
  • Community Features Spa(s): Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: Subd Rpt/Exemption
  • Construction Type: Brick Veneer, Wood Frame, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Garage Door Opener, Attached, >1 Space Per Unit
  • Attached Garage: Yes
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Submetered System
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, Barbecue, Play Area, Community Showers, Heated Spa(s), Spa(s), Heated Pool(s), Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Exterior Amenities:Guard Gate: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Four Peaks 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: 0
  • Additional Parcels: Yes
  • Parcel #: 101-15-107

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Gross Income: 120000.0
  • Insurance Expense: 6000.0
  • Property Net Operating Income: 120000.0
  • Annual Operating Expense: 12635.0

Tax Info

  • Tax Annual Amount: 155.0
  • Tax Book Number: 101.00
  • Tax Lot: 1-4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Pending -- -- --
06/16/2025 06/16/25 Off Market $1,775,000 -- --
05/01/2025 05/01/25 For Sale $1,775,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6861780

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Pinal County Apache Junction 85120

651 N Ironwood Dr, Apache Junction, AZ

This home is located at 651 N Ironwood Dr, Apache Junction, AZ 85120 and is currently priced at $1,775,000. This property was built in 2025. 651 N Ironwood Dr is a home located in Pinal County with nearby schools including Four Peaks Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

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Dean Selvey
Listing Agent
Dean Selvey
Section Image
RE/MAX Excalibur
(623) 526-4889