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10411 E 1st Street, Apache Junction, AZ 85120

Apache Junction
Local realty services provided by:CENTURY 21 Arizona West
10411 E 1st Street,Apache Junction, AZ 85120
$1,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric williamson
Office: orchard brokerage
MLS#:6991508
Source:ARMLS

Price summary

  • Price:$1,200,000

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.

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Home facts

  • Year built:1973
  • Listing ID #:6991508
  • Updated:March 02, 2026 at 06:41 PM

Rooms and interior

  • Flooring:Tile

Heating and cooling

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

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:$1,200,000
  • Tax amount:$1,220 (2025)
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.

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