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474 N Ironwood Drive, Apache Junction, AZ 85120

Apache Junction
Local realty services provided by:CENTURY 21 Desert Estates Realty
474 N Ironwood Drive,Apache Junction, AZ 85120
$500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric williamson
Office: orchard brokerage
MLS#:7018105
Source:ARMLS

Price summary

  • Price:$500,000

About this home

This is a once in a lifetime opportunity . This is for the south parcel only. See mls listing for both 6991518. Stabilized asset with strategic upside in a growth corridor. 468 N Ironwood Dr delivers the fundamentals investors prioritize: strong history, consistent occupancy, and a rent roll positioned for upward adjustment. The property benefits from Apache Junction's expanding rental base and limited competing supply. Recent improvements support long-term durability and reduce operational volatility, giving new ownership predictable performance from day one. Current rents remain below market for the submarket, creating a clear path to improved cash flow through renewal increases or light-touch repositioning. The location offers durable tenant demand with proximity to retail, schools, and

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Home facts

  • Year built:1950
  • Listing ID #:7018105
  • Updated:June 14, 2026 at 03:17 PM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile, Concrete

Heating and cooling

  • Cooling:Electric, Evaporative Cooling, Heat Pump, Individual Cooling, Wall/Window Unit
  • Heating:Electric

Structure and exterior

  • Year built:1950
  • Construction Materials:Block, Painted

Schools

  • High school:Apache Junction High School
  • Elementary school:The Classical Academy at Superstition Mountain

Finances and disclosures

  • Price:$500,000
  • Tax amount:$1,564 (2024)

Parking

  • Parking description:Additional Parking Available, Free Parking, 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: JoAnn Ayres

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