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.
Pending
$1,775,000
651 N Ironwood Dr, Apache Junction, AZ 85119
12beds
25baths
7,172sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$247/sqft
$-- HOA
What's special
- 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#: 6861780

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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