Great Investment opportunity in Apache Junction!! This four-plex features four 2-bedroom, 1-bathroom units, each designed for comfortable living and steady rental demand. With strong cash flow potential and a location close to schools, and major highways, this property is ideal for both seasoned investors and those looking to grow their portfolio. A rare chance to own a solid income-producing asset in a desirable area.
Sold for $542,500 on 11/06/25
$542,500
1461 E Southern Ave, Apache Junction, AZ 85119
8beds
1baths
2,832sqft
Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$192/sqft
$1,768 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,768/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 06, 2025 at 03:02pm
Listed by:
Oskar Jonsson 602-318-6433,
Barrett Real Estate
Bought with:
Lethe Lew, BR569884000
Desert River Realty
Source: ARMLS,MLS#: 6924305
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Disposal, Refrigerator
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
Interior area
- Total structure area: 2,832
- Total interior livable area: 2,832 sqft
Property
Parking
- Total spaces: 8
- Parking features: >1 Space Per Unit
- Uncovered spaces: 8
Lot
- Size: 9,810 sqft
- Dimensions: 90 x 109
Details
- Parcel number: 10227255
- Zoning: MULTI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Wood Frame, Painted, Block
Condition
- Year built: 1981
Utilities & green energy
- Electric: SRP
- Sewer: Septic Tank
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Apache Junction
- Subdivision: PALM SPRINGS UNIT 15
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Sold | $542,500-9.4%$192/sqft |
Source:  ARMLS #6924305 | ||
| 10/28/2025 | Pending sale | $599,000$212/sqft |
Source: ARMLS #6924305 | ||
| 9/26/2025 | Pending sale | $599,000$212/sqft |
Source: ARMLS #6924305 | ||
| 9/25/2025 | Listed for sale | $599,000+584.6%$212/sqft |
Source: ARMLS #6924305 | ||
| 6/3/2013 | Listing removed | $525 |
Source: Prime Time Properties Management and Real Estate | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,583 +2.4% | $21,286 +3% |
| 2025 | $1,546 +1.6% | $20,660 -1.9% |
| 2024 | $1,522 +4.3% | $21,053 +43% |
Find assessor info on the county website
Neighborhood: 85119
Nearby schools
GreatSchools rating
- 6/10Peralta Trail Elementary SchoolGrades: K-5Distance: 6.9 mi
- 3/10Cactus Canyon Junior High SchoolGrades: 6-8Distance: 1.5 mi
- 1/10Apache Junction High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Peralta Trail Elementary School
- Middle: Cactus Canyon Junior High
- High: Apache Junction High School
- District: Apache Junction Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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