Movoto Real Estate
Sold on 09/26/2019

512 N Valley Dr, Apache Junction, AZ 85120

  • $465,000

    Last sold 09/26/2019 after 41 Days

  • 8

    bed

  • 6

    bath

Multi-family not for sale
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About 512 N Valley Dr

Property type Multi-family
Year built 1963
HOA fee $0/month
Property description
Don't miss out on the perfect place to live and cash flow PLUS future development. Close to fishing, hiking, and shopping. 4-1br 1 ba and 2-2br 1 ba for a total 6 units approx 3434 sq ft. Property can be rezoned for up 13 units. Owned solar on unit 1 (owner's unit), $60000 sewer addition. Superstition Mountain views. RV hookup area. Existing drawn out carport plans. Separate electric meters, owner pays water/sewer trash. DRIVE BY ONLY - unit 1 available for show by appointment only - DO NOT DISTURB TENANTS
Listed by
Listing Agent - Lauren J Hensley
Listing Office - True Home Realty
Source: ARMLS mls logo
MLS#5967735 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric, Individual
Heating Electric
MLS # 5967735
Type Multiple Dwellings
Status Closed
Property Tax 1867.1
Year Built 1963
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block, Ducts Professionally Air-Sealed
Parking RV Access/Parking, Free, 1 Space/Unit, <1 Space Per Unit, Carport
# of Open Parking Spaces 8
# of Covered Spaces 2
Amenities / Utilities
Water Source Master Meter, Private
Sewer/Septic Public Sewer
Location
Subdivision APACHE ADDITION ACRES
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 101-15-063-A
Zoning RM1
Directions Take University East Passed Ironwood, Valley Dr On Your Right.
Multifamily Details
Total # of Units 6
Expense: Operating 6216.1
Financial Data Source Owner
Expense: Maintenance 600
Expense: Insurance 1400
Net Operating Income 36284
Gross Income 42500
Expense: Trash 549
Expense: Water/Sewer 1200
Gross Scheduled Income 42500
Expense: Gardener 600
We are not permitted to show value estimates for this property.
  • Feb 2014
    mls logo MLS # 4988342
  • Feb 6, 2014 Sold
    $240,000 (-7.7%)
  • Aug 23, 2013 Listed
    $259,999
  • 512 N Valley Dr
    $465K
  • 85120
    $486K 0% y/y
  • Apache Junction
    $479K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
2/10
Source: GreatSchools.org © 2026. All rights reserved.

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