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Sold on 04/01/2015

503 E Peppertree Ave, Apache Junction, AZ 85119

  • $245,000

    Last sold 04/01/2015 after 568 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 503 E Peppertree Ave

Property type Multi-family
Neighborhood
Year built 2002
HOA fee $0/month
Property description
One of the best looking fourplexes in town. The owner has spared no expense keeping this one shipshape. 100% occupied on annual leases. Great location in central Apache Junction. Close to schools, shopping and US 60. This newer turnkey fourplex can appeal to the homeowner who desires the ability to reduce their mortgage payments by having a rental income or the investor looking for a money maker. The property features two bedroom/one bath units with w/d hook-ups. Room to grow monthly rents. Tenants pay electricity and TV. Low maintenance desert landscaping with shrubs and mature trees. Motivated seller willing to look at all reasonable offers!
Listed by
Listing Agent - Scott Bartlowe
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#4996370 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Individual
Heating Individual, Electric
MLS # 4996370
Type Multiple Dwellings
Status Closed
Property Tax 2927
Year Built 2002
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, Free, Assigned, >1 Space Per Unit, On Street
# of Open Parking Spaces 8
Amenities / Utilities
Water Source Private
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision Palm Springs
Community Features Barbecue, 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 102-06-046
Zoning Multi-family
Directions From US 60 And Idaho Proceed North To Southern Ave. Turn Right (east) And Proceed 1/4 Mile To Winchester. Turn Left (north) And Proceed To Peppertree. Turn Right (east) On Peppertree.
Multifamily Details
Total # of Units 4
Expense: Operating 8227
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 1000
Expense: Insurance 1200
Net Operating Income 18533
Gross Income 27000
Expense: Electric 240
Expense: Trash 1000
Expense: Water/Sewer 1560
Gross Scheduled Income 27000
Expense: Gardener 300
We are not permitted to show value estimates for this property.
  • Apr 2015
    mls logo MLS # 4996370
  • Apr 1, 2015 Sold
    $245,000 (-1.6%)
  • Sep 10, 2013 Listed
    $249,100
  • 503 E Peppertree Ave
    $245K
  • 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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  • AZ
  • Pinal County
  • Apache Junction
  • 85119
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  • 503 E Peppertree Ave
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