Movoto Real Estate
Sold on 04/02/2019

1548 E 28th Ave, Apache Junction, AZ 85119

$303,000

Last sold 04/02/2019 after 74 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale

About 1548 E 28th Ave

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Property description
Best cash flow in the area! Well kept, single level 4-plex is always rented. 4 units all 2 bedroom/1 bathroom, 839 sq feet. Low overhead with tenant paying water and electric. Units are EASY to rent because of open floorplan, WD hookup inside unit, tile, private yards and convenient parking. Current rents 1@$700, 3@$600. Low taxes and maintenance. 3/4 units have tile throughout. 1 brand new AC unit, 2 units less than 10 years old. Flat roof was redone in 2005 & has no leaks. Carport roofs redone 2016. Convenient location to freeway. Drive by only. Do not disturb tenants. View inside after accepted contract. Fully occupied. See document tab for rent rolls and SPDS.
Listed by
Listing Agent - Autumn V Mortensen
Listing Office - DPR Realty LLC
Source: ARMLS mls logo
MLS#5869815 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Individual, Electric
MLS # 5869815
Type Multiple Dwellings
Status Closed
Property Tax 1362
Year Built 1981
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Rolled/Hot Mop
Construction Wood Frame, Painted, Stucco
Parking >1 Space Per Unit, On Street, Carport
# of Open Parking Spaces 2
# of Covered Spaces 4
Amenities / Utilities
Water Source Individual Meter, Private
Sewer/Septic Septic In & Cnctd, Septic Tank
Location
Subdivision PALM SPRINGS UNIT 15
Community Features No Pool
Elementary School District Apache Junction Unified District
High School District Apache Junction Unified District
APN 102-27-137
Zoning CR-5
Directions North On Tomahawk, West On 28th Ave
Multifamily Details
Total # of Units 4
Expense: Operating 5543
Financial Data Source Owner
Expense: Maintenance 1800
Expense: Insurance 1516
Net Operating Income 25819
Gross Income 30000
Expense: Trash 865
Gross Scheduled Income 30000
We are not permitted to show value estimates for this property.
  • Sep 2021
    Public Records
  • Sep 1, 2021 Sold
    $535,000
  • Sep 2021
    mls logo MLS # 6267918
  • Sep 1, 2021 Sold
    $535,000 (-0.9%)
  • Aug 9, 2021 Pending
    —
  • Jul 21, 2021 Listed
    $540,000 (+78.2%)
  • Apr 2019
    mls logo MLS # 5869815
  • Apr 2, 2019 Sold
    $303,000
  • Jan 18, 2019 Listed
    $319,500 (+30.4%)
  • Apr 2019
    Public Records
  • Apr 2, 2019 Sold
    $303,000 (-5.2%)
  • Jun 2005
    Public Records
  • Jun 30, 2005 Sold
    $245,000
  • Year Property taxes Tax assessment
  • 2025
    $1,584 +2.4%
    $22,804 +1.3%
  • 2024
    $1,548 +1.6%
    $22,512 +6.61%
  • 2023
    $1,524 +4.3%
    $21,117 +0.43%
  • 2022
    $1,461
    $21,026
  • 1548 E 28th Ave
    $303K
  • Palm Springs
    —
  • 85119
    $441K -10% y/y
  • Apache Junction
    $493K +8% y/y
No chart available
Statistics calculated by Movoto

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2/10
Source: GreatSchools.org © 2026. All rights reserved.

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