503 E Peppertree Ave, Apache Junction, AZ 85119 is For Sale

503 E Peppertree Ave, Apache Junction, AZ 85119

Studio, 875 sqft
For Sale
$249,100
Zestimate®: $207,313
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My Notes
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One of the best looking fourplexes in town. The owner has spared no expense keeping this one shipshape. 100% occupied on annual leases. Great location in central Apache Junction. Close to schools, shopping and US 60. This newer turnkey fourplex can appeal to the homeowner who desires the ability to reduce their mortgage payments by having a rental income or the investor looking for a money maker. The property features two bedroom/one bath units with w/d hook-ups. Room to grow monthly rents. Tenants pay electricity and TV. Low maintenance desert landscaping with shrubs and mature trees. Motivated seller willing to look at all reasonable offers!
Facts
  • Multi Family
  • Built in 2002
  • 354 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jan 2006 for $15,000
  • Price/sqft: $285
  • MLS #: 4996370
Features
  • Flooring: Carpet, Tile
  • Parking: 1 space
Appliances Included
  • Dishwasher
  • Range / Oven
  • Refrigerator
Room Types
  • Family room
Construction
  • Exterior material: Stucco
  • Roof type: Other
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 4
Other
  • Floor size: 875 sqft
  • Heating: Electric
  • Parcel #: 10206046
  • Zillow Home ID: 8668682
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$207,313
-$22,979 Last 30 daysd
$191K
$222K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,041/mo
+$29 Last 30 daysd
$677
$1.5K
Zestimate range

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Neighborhood for 503 E Peppertree Avenue

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Zillow predicts 85119 home values will rise 5.6% next year, compared to a 5.6% rise for Apache Junction as a whole. Among 85119 homes, this home is 34.2% more expensive than the midpoint (median) home, and is priced 144.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 85119 market, the number of foreclosures waiting to be sold decreased 30.6% in the last year. The number of unsold foreclosures is 13.3% less than in Apache Junction, and 35.8% greater than the national average. This lower local number could help 85119 home values rise more quickly than other regions in Apache Junction.

Learn more about forecast calculations or 85119 home values.
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    Other Units in this Building (2)ZestimateBedsBathsSqft

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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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