● For sale

$1,000,000

10411 E 1ST Street, Apache Junction, AZ 85120

Maricopa County

Built 1973 No HOA
92 days on market

Description

10411 E 1st St is a 6-unit, 5-building multifamily asset on a 1.04-acre lot in Apache Junction, offering investors a rare combination of low operating expenses, strong in-place income, and clear rent-growth upside. The property is positioned in a high-demand workforce housing corridor with durable tenant demand and minimal competing supply. With a reported NOI of $69,600 and a 5.8% cap rate at list price, the asset performs as a stabilized cash-flowing investment with for appreciation. The property's in-place rents are materially below market, especially for the 1-bedroom units averaging $950, which is low for the East Valley's workforce housing segment. ***SELLER MAY CARRY***

Property details

Interior

Bathrooms

  • Total Bathrooms: 0

Appliances

  • Built-In Range
  • Refrigerator
  • Disposal

Heating and Cooling

  • Cooling Features: Central Air, Ceiling Fan(s)
  • Heating Features: Electric, Central, Forced Air
Exterior

Land Info

  • Lot Size Dimensions: 246x156

Garage and Parking

  • Attached Garage: No
  • Parking Features: Other, RV Access/Parking
Listing

Other Property Info

  • Annual Tax Amount: $1,220
  • Source Listing Status: Active
  • County: Maricopa
  • Parcel Number: 220-47-059-A
  • Zoning: R3
  • Postal City: Apache Junction
  • Listing Date: 2/28/2026
  • On Market Date: 3/2/2026
  • MLS#: 6991508
Features

Building and Construction

  • Year Built: 1973
  • Property Age: 53
  • Construction Materials: Block, Wood Frame, Painted, Stucco
  • Roof: Composition, Metal

Utilities

  • Water Source: City Franchise

Contact Us

Contact Us

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Listed by Eric Williamson Orchard Brokerage

Listing updated: April 17, 2026

MLS#: 6991508

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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