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Fourplex with Alley Parking
For Sale
$569,000

478 E MONTEBELLO Avenue, Apache Junction, AZ 85119

Fully rented fourplex with four 2-bedroom, 1-bath units, fenced yards, storage, and laundry room.

Property SizeContact for details
Days on Market53

Property Features for 478 E MONTEBELLO Avenue

General Information

Standard status Active
Property subtype Multiple Dwellings
Occupancy 100%

Site & Location

Road Access Yes
Fenced Yard Yes

Additional Details

Multifamily Units 4

Amenities

fenced yards
storage
laundry room

Building Details

Tenancy Multi
Listing Agency: Better Homes & Gardens Real Estate SJ Fowler
Listed By: Scott Bartlowe · License #BR573483000
Source: Thegouldgroupaz
Added: Jul 20 Changed: Sep 8 Last Checked: Sep 9 at 7:24PM

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 Better Homes & Gardens Real Estate SJ Fowler

Investment Insights

Based on property information with market context.

This fully rented fourplex features four separate units, each with a 2-bedroom and 1-bath layout. The property sits on a spacious lot and includes fenced yards, storage, and a shared laundry room. The units are described as having functional layouts with room for improvement and modernization.

Tenant access includes both street access and alley access for parking. This configuration supports convenient vehicle staging from either access point, with parking available through the alley.

Each unit is well-suited to residential rental demand based on the consistent unit mix and on-site support amenities provided, including fenced outdoor space and on-site storage and laundry facilities.

Key Highlights

  • Fully rented 4‑plex with 4 units total: each unit is 2‑bedroom, 1‑bath
  • Year built 1983; single‑building fourplex with wood siding/wood frame and stucco exterior
  • Tenant parking includes both street access and alley access

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant Building Supply

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

Demographics for 85119, AZ

22,069
Population
13,462
Households
1.6
Avg Household Size
56
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
482
Density / Sq Mi
$69,949
Median Household Income
$44,223
Median Earnings
$1,365
Median Rent
$259,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Fully rented fourplex with four 2-bedroom, 1-bath units, fenced yards, storage, and laundry room.
Where is this quadplex located?
The property is located at 478 E MONTEBELLO Avenue Apache Junction, AZ.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Fully rented 4‑plex with 4 units total: each unit is 2‑bedroom, 1‑bath; Year built 1983; single‑building fourplex with wood siding/wood frame and stucco exterior; Tenant parking includes both street access and alley access
More about this property
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