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Sold on 02/16/2016
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526 E Montebello Ave, Apache Junction, AZ 85119

  • $522,000

    Last sold 02/16/2016 for $226K

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 526 E Montebello Ave

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Movoto estimate
Property description
This is a fully occupied 4 plex property. Great investment opportunity in excellent condition. Each unit has 2 bedrooms and 1 bath and private fenced in yards. Units 1, 3 & 4 have tile floors, Unit 3 has carpet in the bedrooms and units 1 & 4 have wood laminate in the bedrooms. Unit 2 has carpet. All units, except unit 2 have dishwashers. Coin operated laundry on property. Covered parking is first come first served. Must have an accepted contract in order to view the inside of the property during inspection period. Water and Electric is individually metered to tenants. With current leases in place property is generating around a 10% CAP rate. Buyer to verify all facts and figures.
Listed by
Listing Agent - Frederick P Weaver IV
Listing Office - Keller Williams Realty Phoenix
Source: ARMLS mls logo
MLS#5332588 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Heat Pump
Heating Heat Pump
MLS # 5332588
Type Multiple Dwellings
Status Closed
Property Tax 1310
Year Built 1983
Interior
Flooring Other, Carpet, Ceramic Tile
Appliances Free-Standing Range, Other, Dishwasher, Refrigerator
Exterior
Roof Foam
Construction Wood Frame, Painted, Stucco
Parking Other, 1 Space/Unit
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Public Sewer
Location
Subdivision PALM SPRINGS UNIT 14
Community Features No Pool
Elementary School Desert Vista 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 102-25-022
Zoning Multi
Directions US 60 To Idaho. North On Idaho To Southern East On Southern To Winchester. North On Winchester To Montebello. East To Property
Multifamily Details
Total # of Units 4
Expense: Operating 5909
Financial Data Source Owner
Expense: Maintenance 900
Net Operating Income 22989
Gross Income 25920
Expense: Trash 576
Expense: Water/Sewer 2703
Gross Scheduled Income 25920
Expense: Gardener 420
$522K
Range: $417K-$626K
Last 30 days 
  • Feb 2016
    mls logo MLS # 5332588
  • Feb 16, 2016 Sold
    $226,000 (-7.8%)
  • Sep 10, 2015 Listed
    $245,000
  • 526 E Montebello Ave
    $226K
  • 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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  • 526 E Montebello Ave
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