Movoto Real Estate
Sold on 08/10/2023

282 N Palo Verde Dr, Apache Junction, AZ 85120

  • $840,000

    Last sold 08/10/2023 after 168 Days

  • 5

    bed

  • 5

    bath

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

About 282 N Palo Verde Dr

Property type Multi-family
Year built 1950
HOA fee $0/month
Property description
**Seller Financing available** Beautifully maintained 5-plex property located in Apache Junction on a 1/2 acre lot. 2 out of the 5 units are fully remodeled, Remodeled units are B and C. They have new mini splits, New Interior paint, New fans, remodeled bathrooms, with new tubs and plumbing. Lot has lots of parking and room for growth. Unit A is a 1/1 house. Unit B and Unit C are a duplex both remodeled, Unit B has a garage and unit C has a carport space. Both have private fenced back yard. Duplex D and E are located in the front of the property both have carport space parking and large fenced backyards. Don't let this incredible opportunity slip by! Each unit has their own electric meter. Owner pays the water and trash. Photos taken in Feb 2023, all units occupied.
Listed by
Listing Agent - Ruby Threlkel
Listing Office - DeLex Realty
Source: ARMLS mls logo
MLS#6524198 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Evaporative Cooling, Window/Wall Unit
Heating See Remarks, Window/Wall Unit(s), Electric, Floor Furnace, Wall Furnace
MLS # 6524198
Type Multiple Dwellings
Status Closed
Property Tax 1624
Year Built 1950
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Other, Composition
Construction Wood Frame, Painted, Stucco, Block
Parking RV Access/Parking, Free, Add'l Parking Avail, Attached, <1 Space Per Unit, On Street, Carport
# of Open Parking Spaces 5
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Septic Tank
Location
Subdivision AMD PLAT OF NEWTOWN
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 101-02-005
Zoning Multi Family
Directions Head E On West Apache Trail, Left On Palo Verde Dr. Property Is On The Left Hand Side.
Multifamily Details
Total # of Units 5
Expense: Operating 3384
Financial Data Source Owner
Vacancy Allowance 0.05
Net Operating Income 62290
Gross Income 64934.4
Expense: Fuel 720
Expense: Trash 440
Expense: Water/Sewer 600
Gross Scheduled Income 68352
  • Aug 2023
    mls logo MLS # 6524198
  • Aug 9, 2023 Sold
    $840,000 (-4.0%)
  • Jun 1, 2023 Price Change
    $875,000 (-2.8%)
  • May 24, 2023 Price Change
    $900,000 (-5.3%)
  • May 16, 2023 Price Change
    $950,000 (-2.6%)
  • Apr 3, 2023 Price Change
    $975,000 (-2.5%)
  • Mar 23, 2023 Price Change
    $999,999
  • Feb 23, 2023 Listed
    $1,000,000 (+17.6%)
  • Nov 2022
    mls logo MLS # 6476469
  • Nov 8, 2022 Price Change
    $850,000 (-5.6%)
  • Oct 25, 2022 Price Change
    $900,000 (-10.0%)
  • Oct 12, 2022 Listed
    $999,999 (+33.3%)
  • Feb 2022
    mls logo MLS # 6352470
  • Feb 7, 2022 Listed
    $750,000

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  • Real Estate
  • AZ
  • Pinal County
  • Apache Junction
  • 85120
  • 282 N Palo Verde Dr
We are not permitted to show value estimates for this property.
  • 282 N Palo Verde Dr
    $840K
  • —
  • 85120
    $474K -1% y/y
  • Apache Junction
    $472K 0% y/y
No chart available
Statistics calculated by Movoto
3/10
2/10
Source: GreatSchools.org Ā© 2026. All rights reserved.
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