10411 E 1st Street, Apache Junction, AZ 85120

Local realty services provided by:CENTURY 21 Arizona Foothills
10411 E 1st Street,Apache Junction, AZ 85120
$1,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric williamson
Office: orchard brokerage
MLS#:6991508
Source:ARMLS

Price summary

  • Price:$1,000,000

About this home

10411 E 1st St is a 6-unit, 5-building multifamily asset on a 1.04-acre lot in Apache Junction, offering investors a rare combination of low operating expenses, strong in-place income, and clear rent-growth upside. The property is positioned in a high-demand workforce housing corridor with durable tenant demand and minimal competing supply. With a reported NOI of $69,600 and a 5.8% cap rate at list price, the asset performs as a stabilized cash-flowing investment with for appreciation. The property's in-place rents are materially below market, especially for the 1-bedroom units averaging $950, which is low for the East Valley's workforce housing segment. ***SELLER MAY CARRY***

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Home facts

  • Year built:1973
  • Listing ID #:6991508
  • Updated:June 04, 2026 at 02:59 PM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1973
  • Construction Materials:Block, Painted, Stucco

Schools

  • High school:Skyline High School
  • Middle school:Sousa Elementary School
  • Elementary school:Sousa Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,000,000
  • Tax amount:$1,220 (2025)

Parking

  • Total parking spaces:15
  • Parking description:Additional Parking Available, RV Access/Parking
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Floyd Scott