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Sold on 03/01/2016
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1462 E 28th Ave, Apache Junction, AZ 85119

  • $160,000

    Last sold 03/01/2016 after 533 Days

  • 8

    bed

  • 4

    bath

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

About 1462 E 28th Ave

Property type Multi-family
Neighborhood
Year built 2001
HOA fee $0/month
Property description
SHORT SALE! Owners poor management and sellers loss is your gain. Great 4 plex with easy access to freeways and employment centers. Newer building for the area and low maintenance desert landscaping. Past year averaging only about 30% occupancy. Rents below comps. This is a great opportunity for increased value. Many of these expenses are variable/not required and not fixed. A new owner may be able to do much better.
Listed by
Listing Agent - Jason Moss
Listing Office - RCP Real Estate LLC
Source: ARMLS mls logo
MLS#5171855 • last updated 10 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5171855
Type Multiple Dwellings
Status Closed
Property Tax 2424.12
Year Built 2001
Interior
Flooring Carpet, Ceramic Tile
Appliances Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, Free, Add'l Parking Avail, >1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer - Available
Location
Community Features Other, See Remarks
Elementary School Desert Vista Elementary School
Elementary School District Apache Junction Unified District
High School District Apache Junction Unified District
APN 102-27-140
Zoning RESIDENTIAL
Directions From US 60 And Tomahawk, North On Tomahawk To E 28th Ave, West To Property
Multifamily Details
Total # of Units 4
Expense: Operating 20083.97
Financial Data Source Accountant, Owner, Other (See Remarks), Projected Proforma
Expense: Maintenance 6347.04
Vacancy Allowance 0.1
Expense: Insurance 1432
Net Operating Income 10310.88
Gross Income 22680
Expense: Other 8158.78
Expense: Trash 73.71
Expense: Professional Management 805
Expense: Water/Sewer 347.79
Gross Scheduled Income 25200
Expense: Gardener 495.53
We are not permitted to show value estimates for this property.
  • Mar 2016
    mls logo MLS # 5171855
  • Mar 1, 2016 Sold
    $160,000 (-3.0%)
  • Sep 15, 2014 Listed
    $165,000
  • 1462 E 28th Ave
    $160K
  • 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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