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Sold on 10/20/2016

1922 S Monterey Dr, Apache Junction, AZ 85120

  • $229,900

    Last sold 10/20/2016 after 78 Days

  • 8

    bed

  • 4

    bath

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

About 1922 S Monterey Dr

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
For your consideration, a very nicely appointed four-plex owner occupy or investment property. With a new balcony as well as having been recently painted & re-roofed. Each of the units is 2 bedrooms and 1 bath. A gated property for safety and plenty of space for children to play. Covered parking. With rents above $ 500. 00 per month, this property has a cap rate of nearly 8. 0%. A solid return on investment. Close to local public transportation, shopping, and services. This property could work well with a 1031 exchange purchase. Please view the photos both inside & out.
Listed by
Listing Agent - Michael L Rapaport
Listing Office - West USA Realty
Source: ARMLS mls logo
MLS#5479762 • last updated 4 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Electric, Heat Pump
Heating Electric
MLS # 5479762
Type Multiple Dwellings
Virtual Tour N/A
Status Closed
Property Tax 1429
Year Built 1984
Interior
Flooring Carpet, Ceramic Tile
Appliances Refrigerator
Exterior
Roof Composition
Construction Steel Frame, Wood Frame, Painted
Parking >1 Space Per Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision SUPERSTITION VILLA
Community Features No Pool
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 102-22-131
Zoning R-2
Directions NORTH ON IDAHO FROM HIGHWAY 60 TO 16TH AVENUE. WEST ON 16TH AVENUE TO MONTEREY DR. SOUTH TO THE PROPERTY.
Multifamily Details
Total # of Units 4
Expense: Operating 7627
Financial Data Source Owner
Expense: Maintenance 900
Expense: Insurance 1220
Net Operating Income 18311.4
Expense: Professional Management 1990
Expense: Water/Sewer 1668
Expense: Gardener 420
We are not permitted to show value estimates for this property.
  • Oct 2016
    mls logo MLS # 5479762
  • Oct 19, 2016 Sold
    $229,900
  • 1922 S Monterey Dr
    $229K
  • Superstition Villa
    —
  • 85120
    $488K 0% y/y
  • Apache Junction
    $485K +1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Desert Vista Elementary School
public Grades PK, K-5
Apache Junction Unified District
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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  • AZ
  • Pinal County
  • Apache Junction
  • 85120
  • 1922 S Monterey Dr
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