$560,000
Apache Junction, AZ 85119
MLS# 6971413
1 / 16
Property Description
Excellent investment opportunity with strong cash flow potential. This triplex features three well-designed 2-bdm, 1-bath units, each offering an indoor laundry room, private outdoor storage, & covered parking. Two of the three units have been remodeled, providing immediate value with additional upside through renovation of the remaining unit to increase rents. All units are individually metered for water & electricity -keeping operating expenses low. The property is ideally located near the US 60 freeway with convenient access to shopping & dining. Nearby outdoor amenities include hiking, biking, golfing, the Salt River, & local lakes, enhancing tenant appeal. Rent potential for this area is $1,100-$1,400. Buyer to verify all facts, figures and schools.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $560,000
List Price: $560,000
Status: Active
List Date: 2026-01-19
Location, Tax & Legal
Assessor's Map #: 27
Legal Description (Abbrev): LOT 1720 PALM SPRINGS UNIT 15 CAB 15 SLD 8
Assessor's Parcel #: 219
Add'l Parcels: No
Tax Municipality: Pinal - COUNTY
Census Tract: 318
Taxes: 1580
Legal: LOT 1720 PALM SPRINGS UNIT 15 CAB 15 SLD 8
Marketing Name: PALM SPRINGS
House Number: 2560
Compass: S
Street Name: YAVAPAI
St Suffix: Road
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85119
Zip4: 7317
County Code: Pinal
Subdivision: PALM SPRINGS UNIT 15
Assessor Number: 102-27-219
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 9900
Total # of Units: 3
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Jr. High School: Cactus Canyon Junior High
High School: Apache Junction High School
Year Built: 1983
Zoning: CR-5
Legal Info
Range: 08E
Section: 33
Township: 01N
Lot Number: 1720
Project Type
Tri-Plex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Rolled: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1580
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 41040
Pmt & Rate Info
Cap Rate: 7.11
Equity: 560000
Down Payment %: 100
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Dishwasher: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Septic Tank: 1
Parking Features
Other: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Special
Owner/Agent: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-330-6256
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 950
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Tomahawk & US 60
Directions: From US60 head north to 26th Ave. West on 26th Ave to property. North on Yavapai. Property on left.
Geo Lat: 33.391905
Geo Lon: -111.530438
Income Expenses
Gross Annual Sch Inc: 43200
Net Operating Income: 39800
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Rolled
Floors: Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Dishwasher; W/D Hookup
Heating: Central; Heat Pump
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Septic Tank
Electric: SRP
Gas: None
Parking Features: Other
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Electricity; Trash Collection
Source of Fincl Data: Other (See Remarks)
Special: Owner/Agent
Lockbox Type: Supra
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Cactus Rose Realty
Last Updated: January - 20 - 2026
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