Listed by Eric Williamson · Brokered by Orchard Brokerage
$1,000,000
10411 E 1ST Street, Apache Junction, AZ 85120
Maricopa County
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***
Listing updated: April 17, 2026
Eric Williamson, Orchard Brokerage
Source: Arizona Regional Multiple Listing Service, MLS#: 6991508
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: Expired
- 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
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