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Multifamily Land Ready to Build
For Sale
$1,350,000

2332 West Broadway Avenue, Apache Junction, AZ 85120

1.42 acres for 30 apartment homes in Apache Junction.

Property Size62,029 SF
Lot Size1.42 Acres
Price / SF$21.76
Days on Market186

Property Features for 2332 West Broadway Avenue

General Information

Standard status Active
Size 62,029 SF
Lot size 1.42 Acres
Property subtype Land
Zoning B-1

Taxes and HOA fees

Annual Taxes $1,333

Amenities

1
Listing Agency: Keller Williams Arizona Realty
Listed By: Robert Dudek · License #BR716825000
Source: Compass
Added: Apr 26 Changed: Oct 25 Last Checked: Oct 26 at 7:35PM

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 Keller Williams Arizona Realty

Rey
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Investment Insights

Based on property information with market context.

This is a 1.42-acre parcel of land intended for multifamily housing. The site is fully entitled, engineering-complete, plan-approved, and shovel-ready. It is designed for 15 two-story duplexes, totaling 30 rental apartment homes. Each unit is planned to have 2 bedrooms and 2 bathrooms, with a size of 816 square feet. The Conditional Use Permit has been approved by the City of Apache Junction. Architecture and civil engineering plans are complete. The City has reviewed and approved the plans through three formal rounds. This presents an opportunity for a buyer to immediately begin the process of pulling permits, avoiding the time and expense of entitlement work and city approvals.

Key Highlights

  • Shovel‑ready multifamily housing land (1.42 acres).
  • Fully entitled, engineering‑complete, and plan‑approved for 15 duplexes (30 units).
  • Each unit designed as 2‑bedroom, 2‑bath apartments (816 sq ft).

Property Analytics

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Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

585
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.42 acres for 30 apartment homes in Apache Junction.
Where is this residential land & home lot located?
The property is located at 2332 West Broadway Avenue Apache Junction, AZ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Shovel‑ready multifamily housing land (1.42 acres).; Fully entitled, engineering‑complete, and plan‑approved for **15 duplexes (30 units)**.; Each unit designed as **2‑bedroom, 2‑bath apartments (816 sq ft)**.
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