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Sold on 11/06/2025

1461 E Southern Ave, Apache Junction, AZ 85119

  • $542,500

    Last sold 11/06/2025 after 43 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
Movoto is helping 43 homebuyers near you

About 1461 E Southern Ave

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Property description
Great Investment opportunity in Apache Junction!! This four-plex features four 2-bedroom, 1-bathroom units, each designed for comfortable living and steady rental demand. With strong cash flow potential and a location close to schools, and major highways, this property is ideal for both seasoned investors and those looking to grow their portfolio. A rare chance to own a solid income-producing asset in a desirable area.
Listed by
Listing Agent - Oskar Jonsson
Listing Office - Barrett Real Estate
Source: ARMLS mls logo
MLS#6924305 • last updated 6 months ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 6924305
Type Multiple Dwellings
Status Closed
Property Tax 1546
Year Built 1981
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Disposal, Refrigerator
Exterior
Roof Rolled/Hot Mop
Construction Brick Veneer, Wood Frame, Painted, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Septic Tank
Location
Subdivision PALM SPRINGS UNIT 15
Community Features No Pool
Elementary School Peralta Trail 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 102-27-255
Zoning MULTI
Directions Head West On Southern Avenue From Tomahawk Road, 5th Building On The Left.
Multifamily Details
Total # of Units 4
Expense: Operating 6232
Financial Data Source Owner
Vacancy Allowance 0.05
Expense: Insurance 2541
Net Operating Income 39102
Gross Income 45334
Expense: Electric 505
Expense: Other 480
Expense: Water/Sewer 770
Gross Scheduled Income 47000
Expense: Gardener 390
We are not permitted to show value estimates for this property.
  • Nov 2025
    mls logo MLS # 6924305
  • Nov 6, 2025 Sold
    $542,500 (-3.1%)
  • Oct 28, 2025 Pending
    —
  • Oct 28, 2025 Sold
    $560,000 (-6.5%)
  • Sep 26, 2025 Pending
    —
  • Sep 24, 2025 Listed
    $599,000
  • 1461 E Southern Ave
    $542K
  • Palm Springs
    —
  • 85119
    $464K 0% y/y
  • Apache Junction
    $479K +1% 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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  • Real Estate
  • AZ
  • Pinal County
  • Apache Junction
  • 85119
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  • 1461 E Southern Ave
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