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Sold on 04/05/2022

225 S Grand Dr, Apache Junction, AZ 85120

  • $615,000

    Last sold 04/05/2022 after 63 Days

  • 6

    bed

  • 4

    bath

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

About 225 S Grand Dr

Property type Multi-family
Year built 1954
HOA fee $0/month
Property description
Great opportunity for investors Beautifully maintained 4-plex property located in Apache Junction on a 1/2 acre lot. All units come with ceramic tile, a neutral palette, and a fully equipped kitchen including a breakfast bar and cabinetry space. Main House has a Brand New AC (previously used window units). Extra Huge Storage Shed that can allow to increase rents or add units there is so much room for parking and covered patios for relaxing mornings or sunsets. Easy to rent. Don't let this incredible opportunity slip by! Come take a look today!
Listed by
Listing Agent - Ruby Threlkel
Listing Office - DeLex Realty
Source: ARMLS mls logo
MLS#6349633 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Window/Wall Unit, Heat Pump
Heating Central, Heat Pump, Window/Wall Unit(s), Electric
MLS # 6349633
Type Multiple Dwellings
Status Closed
Property Tax 1426
Year Built 1954
Interior
Flooring Carpet, Ceramic Tile
Appliances Other, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Siding, Painted, Block
Parking RV Access/Parking, Other, Add'l Parking Avail, 1 Space/Unit, On Street
# of Open Parking Spaces 6
# of Covered Spaces 1
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Private Sewer
Location
Subdivision GRAND VIEW PLACE
Community Features No Pool
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 101-10-121
Zoning CR3
Directions Head East On E Apache Trail, South On S Grand Dr. Property Will Be On The Left
Multifamily Details
Total # of Units 4
Expense: Operating 56724
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 1000
Vacancy Allowance 0.05
Expense: Insurance 1318
Net Operating Income 43700
Gross Income 43700
Expense: Electric 1000
Expense: Other 46680
Expense: Trash 1200
Expense: Professional Management 3500
Expense: Water/Sewer 600
Gross Scheduled Income 46000
We are not permitted to show value estimates for this property.
  • Apr 2022
    mls logo MLS # 6349633
  • Apr 5, 2022 Sold
    —
  • Mar 31, 2022 Pending
    —
  • Mar 31, 2022 Sold
    —
  • Mar 30, 2022 Pending
    —
  • Mar 30, 2022 Sold
    —
  • Mar 23, 2022 Pending
    —
  • Mar 23, 2022 Listed
    —
  • Mar 23, 2022 Sold
    —
  • Mar 17, 2022 Pending
    —
  • Mar 17, 2022 Sold
    —
  • Mar 9, 2022 Pending
    —
  • Mar 8, 2022 Sold
    $615,000
  • Feb 3, 2022 Listed
    $615,000
  • Nov 2021
    mls logo MLS # 6311776
  • Nov 29, 2021 Price Change
    $614,997 (-0.8%)
  • Nov 9, 2021 Price Change
    $619,997 (-0.8%)
  • Oct 23, 2021 Listed
    $624,997 (+56.2%)
  • Apr 2021
    mls logo MLS # 6158352
  • Apr 15, 2021 Sold
    —
  • Mar 31, 2021 Listed
    —
  • Mar 30, 2021 Sold
    $400,000
  • Feb 25, 2021 Price Change
    $400,000 (+3.9%)
  • Nov 9, 2020 Listed
    $385,000
  • Aug 2020
    mls logo MLS # 6117131
  • Aug 13, 2020 Listed
    $385,000
  • 225 S Grand Dr
    $615K
  • —
  • 85120
    $485K 0% y/y
  • Apache Junction
    $484K +1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Four Peaks 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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