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Sold on 12/01/2018

435 E Montebello Ave, Apache Junction, AZ 85119

  • $298,700

    Last sold 12/01/2018 after 32 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 435 E Montebello Ave

Property type Multi-family
Neighborhood
Year built 2002
HOA fee $0/month
Property description
4-plex with amazingly large 2 bdrm units (925 sq ft each!), off street parking, separate laundry rooms in each unit and semi- private patios. Property is fenced. Three long term tenants. Each unit pays ¼ of water bill. MLS comps show rent range of $660 to $690. Current average is $583. Interiors renovated as they become available. This is one of the few newer multi-family units in the area and is easy to rent with little down time. Lots of upward potential for rents!
Listed by
Listing Agent - John Gordon
Listing Office - Coldwell Banker Realty
Source: ARMLS mls logo
MLS#5840438 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Electric
MLS # 5840438
Type Multiple Dwellings
Status Closed
Property Tax 2135
Year Built 2002
Interior
Flooring Other, Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Disposal, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking <1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Sewer-In & Connected, Private Sewer
Location
Subdivision PALM SPRINGS UNIT FOURTEEN
Community Features Other, See Remarks
Elementary School Peralta Trail 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 102-25-050
Zoning MF
Directions East On Southern, North On Winchester, East On Montebello. 2nd Building On The South Side Of The Street.
Multifamily Details
Total # of Units 4
Expense: Operating 6017
Financial Data Source Owner
Expense: Maintenance 1200
Vacancy Allowance 0.03
Expense: Insurance 765
Net Operating Income 21943
Gross Income 27121.2
Expense: Trash 288
Expense: Water/Sewer 1629
Gross Scheduled Income 27960
We are not permitted to show value estimates for this property.
  • Nov 2018
    mls logo MLS # 5840438
  • Nov 30, 2018 Sold
    $298,700
  • 435 E Montebello Ave
    $298K
  • Palm Springs
    —
  • 85119
    $464K 0% y/y
  • Apache Junction
    $479K +1% y/y
No chart available
Statistics calculated by Movoto

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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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  • Real Estate
  • AZ
  • Pinal County
  • Apache Junction
  • 85119
  • Palm Springs
  • 435 E Montebello Ave
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