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Sold on 03/26/2019
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471 E Montebello Ave, Apache Junction, AZ 85119

  • $290,000

    Last sold 03/26/2019 after 78 Days

  • 8

    bed

  • 4

    bath

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

About 471 E Montebello Ave

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
GREAT INVESTMENT: WELL KEPT 4-PLEX IN GREAT CONDITION. FULLY RENTED. ALL UNITS HAVE NEW A/C INSTALLED BETWEEN 2013 TO 2015. TILE THROUGHOUT ALL UNITS. EACH UNIT HAS ITS OWN PRIVATE FENCED YARD AND PRIVATE STORAGE UNIT. LOTS OF PARKING FOR TENANTS. TENANTS PAY ELECTRIC. NOTE: OWNER IS ALSO SELLING 4-PLEX AT (503 E. MONTEBELLO) GREAT OPPORTUNITY FOR BUYER TO GET 8 UNITS. THIS IS A VALUE ADD OPPORTUNITY AS THE RENTS SHOULD BE INCREASES AT LEAST $75 PER UNIT. MOST TENANTS ARE MONTHS TO MONTH SO BUYER COULD DO THIS QUICKLY. **Numbers listed under expenses on MLS are for self managing buyers/owners**
Listed by
Listing Agent - Jacob Allen
Listing Office - Tradelands Realty
Source: ARMLS mls logo
MLS#5864353 • last updated 6 years ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5864353
Type Multiple Dwellings
Status Closed
Property Tax 1200
Year Built 1984
Interior
Flooring Ceramic Tile
Appliances Disposal, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Rolled/Hot Mop
Construction Wood Frame, Painted, Stucco
Parking >1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Septic In & Cnctd
Location
Subdivision PALM SPRINGS UNIT 14
Community Features No Pool
Elementary School District Apache Junction Unified District
High School District Apache Junction Unified District
APN 102-25-049
Zoning UNK
Directions EAST ON SOUTHERN FROM IDAHO TO WINCHESTER, TURN LEFT TO MONTEBELLO, TURN RIGHT GO TO 471
Multifamily Details
Total # of Units 4
Expense: Operating 5900
Financial Data Source Owner
Expense: Maintenance 1500
Expense: Insurance 1200
Net Operating Income 17376
Gross Income 26976
Expense: Water/Sewer 2000
Gross Scheduled Income 26976
We are not permitted to show value estimates for this property.
  • Mar 2019
    mls logo MLS # 5864353
  • Mar 26, 2019 Sold
    $290,000 (-3.3%)
  • Jan 7, 2019 Listed
    $299,900
  • 471 E Montebello Ave
    $290K
  • 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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  • 471 E Montebello Ave
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