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Pending
  • $1,775,000

    651 N Ironwood Dr, Apache Junction, AZ 85119

    12beds
    25baths
    7,172sqft
    : 
    Multi Family
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $247/sqft
    $-- HOA

    What's special

    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.
    63 days
    on Zillow
    |
    37
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 23, 2025 at 02:53pm

    Listed by:

    Dean Selvey 480-254-6444,

    RE/MAX Excalibur

    Source: ARMLS,MLS#: 6861780MLS Logo

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 25
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Heat Pump
    Appliances
    • Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
    • Laundry: W/D Hookup
    Features
    • Flooring: Carpet, Ceramic Tile
    Interior area
    • Total structure area: 7,172
    • Total interior livable area: 7,172 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Door Opener, Attached, >1 Space Per Unit
    • Has attached garage: Yes
    • Covered spaces: 8
    Details
    • Parcel number: 10115107
    • Zoning: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick Veneer, Wood Frame, Stucco
    • Roof: Built-Up
    Condition
    • Year built: 2025

    Utilities & green energy

    • Electric: SRP, Individual Meter
    • Sewer: Sewer-In & Connected, Public Sewer
    • Water: Submetered System
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Other, Barbecue, Play Area, Community Showers, Heated Spa(s), Spa(s), Heated Pool(s), Pool
    • Subdivision: IRONWOOD STATION
    Location
    • Region: Apache Junction

    Financial & listing details

    • Price per square foot: $247/sqft
    • Annual tax amount: $155
    • Date on market: 6/1/2025
    • Listing terms: Conventional,1031 Exchange
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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