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Sold on 07/21/2017

1417 E Southern Ave, Apache Junction, AZ 85119

  • $223,875

    Last sold 07/21/2017 after 128 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 1417 E Southern Ave

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Property description
Fantastic location: 4-plex with large 2 bedroom units are easy to rent, with off street parking and fabulous floor plan with room for kitchen table. Fenced-in rear yards. You can’t beat the work that has gone into upgrades including: A/Cs, roofing, water heaters, refrigerators, various plumbing fixtures, mirror closet doors (unit #1), sewage lines, exterior window trim and lots of flooring. Separate W/D room now associated with unit #1, may be converted to a profit center, for all tenants. No showing of units without an accepted Contract, drive-by only. In May of ‘17 extensive work done to rehab and upgrade two units. Two exclusive lists of improvements in docs tab. As of 4/17 there was a waiting list for units.
Listed by
Listing Agent - John Gordon
Listing Office - Coldwell Banker Realty
Source: ARMLS mls logo
MLS#5575664 • last updated 1 year ago
Movoto checked ARMLS for data 29 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Individual
Heating Individual, Electric
MLS # 5575664
Type Multiple Dwellings
Status Closed
Property Tax 1286
Year Built 1981
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Built-Up
Construction Wood Frame, Painted, Stucco
Parking Free, >1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Septic In & Cnctd
Location
Subdivision PALM SPRINGS UNIT 15
Community Features Other, See Remarks
Elementary School Desert Vista Elementary School
Elementary School District Apache Junction Unified District
Middle School Cactus Canyon Junior High
High School District Apache Junction Unified District
High School Apache Junction High School
APN 102-27-254
Zoning CR-3
Directions West On Southern To Property.
Multifamily Details
Total # of Units 4
Expense: Operating 6791
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 2140
Vacancy Allowance 0.04
Expense: Insurance 1150
Net Operating Income 19589.8
Gross Income 26380.8
Expense: Electric 200
Expense: Trash 265
Expense: Water/Sewer 1150
Gross Scheduled Income 27480
Expense: Gardener 400
We are not permitted to show value estimates for this property.
  • Jul 2017
    mls logo MLS # 5575664
  • Jul 21, 2017 Sold
    $223,875 (-3.1%)
  • Mar 15, 2017 Listed
    $231,000
  • 1417 E Southern Ave
    $223K
  • Palm Springs
    —
  • 85119
    $464K -2% y/y
  • Apache Junction
    $479K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Apache Junction High School
public Grades 9-12
Apache Junction Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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