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Sold on 07/01/2016
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230 S Grand Dr, Apache Junction, AZ 85120

  • $140,300

    Last sold 07/01/2016 after 126 Days

  • 5

    bed

  • 3

    bath

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

About 230 S Grand Dr

Property type Multi-family
Year built 1958
HOA fee $0/month
Property description
Great opportunity to hit the ground running and start making money right away. This is a fully occupied multi-unit income producing investment with great potential. All 3 units are rented. Property is sold in AS-IS condition. Great CAP rate of 11.28% do not disturb tenant , drive by only. Buyer to verify all facts and figure.
Listed by
Listing Agent - Morten Pedersen
Listing Office - Pedersen Real Estate & Property Management
Source: ARMLS mls logo
MLS#5404572 • last updated 1 year ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5404572
Type Multiple Dwellings
Status Closed
Property Tax 2015
Year Built 1958
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking None
# of Open Parking Spaces 8
Amenities / Utilities
Water Source Private
Sewer/Septic Public Sewer
Location
Subdivision GRAND VIEW PLACE
Community Features No Pool
Middle School Apache Junction High School
High School Apache Junction High School
APN 101-10-120
Zoning Non-conforming
Directions S On Grand To Property On Right.
Multifamily Details
Total # of Units 3
Expense: Operating 11159
Financial Data Source Owner
Expense: Maintenance 2670
Vacancy Allowance 5
Expense: Insurance 400
Net Operating Income 16353
Expense: Electric 3600
Expense: Trash 540
Expense: Water/Sewer 1934
We are not permitted to show value estimates for this property.
  • Jul 2016
    mls logo MLS # 5404572
  • Jul 1, 2016 Sold
    $140,300 (-3.2%)
  • Feb 26, 2016 Listed
    $145,000
  • Jun 2014
    mls logo MLS # 2294959
  • Jun 2, 2014 Sold
    —
  • 230 S Grand Dr
    $140K
  • —
  • 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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