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6-Unit Apartment Property
For Sale
$1,200,000

10411 East 1st Street, Apache Junction, AZ 85120

Five-building multifamily property with central air, tile flooring, and R3 zoning.

Property SizeContact for details
Lot Size1.04 Acres
Days on Market196

Property Features for 10411 East 1st Street

General Information

Standard status Active
Lot size 1.04 Acres
Property subtype Multiple Dwellings
Zoning R3
Net Operating Income $69,600

Additional Details

Cap Rate 5.8%
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $1,220

Amenities

Central Air, Ceiling Fan(s)
Forced Air, Central, Electric
Tile
Yes
0.0
Composition, Metal
Other
5
6
Wood Frame, Painted, Stucco, Block

Building Details

Year Built 1973
Buildings 5
Listing Agency: Citiea
Listed By: Eric Williamson · License #SA579896000
Source: Compass
Added: Feb 16 Changed: Aug 30 Last Checked: Aug 30 at 9:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citiea

Investment Insights

Based on property information with market context.

Located at 10411 East 1st Street in Apache Junction, Arizona, this multifamily property comprises 6 apartment units distributed among 5 buildings on a 1.04-acre lot. The improvements date to 1973 and include central air, ceiling fans, forced-air electric heating, and tile flooring. Exterior materials identified for the buildings include wood frame, painted surfaces, stucco, block, composition, and metal elements.

The property carries R3 zoning and is positioned within Apache Junction. The offering reflects a 5.8% cap rate, while the existing one-bedroom units are reported to average $950 in rent.

Key Highlights

  • 6 apartment units across 5 buildings
  • 1.04‑acre multifamily site in Apache Junction
  • R3 zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby

Demographics for 85120, AZ

30,605
Population
17,430
Households
1.8
Avg Household Size
54
Median Age
14%
College-Educated
87%
High-School Grad
23.1 sq mi
ZIP Area
1,325
Density / Sq Mi
$53,921
Median Household Income
$35,155
Median Earnings
$958
Median Rent
$162,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-building multifamily property with central air, tile flooring, and R3 zoning.
Where is this apartment building located?
The property is located at 10411 East 1st Street Apache Junction, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6 apartment units across 5 buildings; 1.04‑acre multifamily site in Apache Junction; R3 zoning
More about this property
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