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Sold on 08/11/2012
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405 N Palo Verde Dr, Apache Junction, AZ 85120

  • $307,000

    Last sold 08/11/2012 for $97.5K

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 405 N Palo Verde Dr

Property type Multi-family
Year built 1983
HOA fee $0/month
Movoto estimate
Property description
Well maintained duplex with history of long term tenants. Both units rented. Tenants pay all utilities. Drive by only, do not disturb tenants. All offers considered. Facts and figures are approximate and to be verified by buyer to their satisfaction prior to close of escrow.
Listed by
Listing Agent - Susan Franey-Bascom
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#4792601 • last updated 1 year ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 4792601
Type Multiple Dwellings
Status Closed
Property Tax 1216
Year Built 1983
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted
Parking 1 Space/Unit, Carport
# of Open Parking Spaces 2
# of Covered Spaces 2
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Septic Tank
Location
Community Features No Pool
Elementary School District Apache Junction Unified District
High School District Apache Junction Unified District
High School Apache Junction High School
APN 101-02-039-B
Zoning CR-4
Directions Hwy 60 To Ironwood, N. To Apache Trail, W. To Palo Verde, N. To Property On Right.
Multifamily Details
Total # of Units 2
Expense: Operating 4133
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 1000
Vacancy Allowance 0.05
Expense: Insurance 700
Net Operating Income 9023
Gross Income 11970
Expense: Other 1217
Gross Scheduled Income 12600
$307K
Range: $193K-$420K
Last 30 days 
  • Aug 2012
    mls logo MLS # 4792601
  • Aug 11, 2012 Sold
    $97,500 (-7.9%)
  • Jul 20, 2012 Listed
    $105,900
  • 405 N Palo Verde Dr
    $97.5K
  • —
  • 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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