$1,000,000
468 N IRONWOOD Drive, Apache Junction, AZ 85120
AMD PLAT OF NEWTOWN · Pinal County
Description
Stabilized asset with strategic upside in a growth corridor. 468 N Ironwood Dr delivers the fundamentals investors prioritize: strong history, consistent occupancy, and a rent roll positioned for upward adjustment. The property benefits from Apache Junction's expanding rental base and limited competing supply. Recent improvements support long-term durability and reduce operational volatility, giving new ownership predictable performance from day one. Current rents remain below market for the submarket, creating a clear path to improved cash flow through renewal increases or light-touch repositioning. The location offers durable tenant demand with proximity to retail, schools, and major arterials, keeping vacancy low and turnover minimal. Ideal for long-term hold, mid-term reposition, or strategic refinance, this property offers both stability and measurable upside in one of the East Valley's most landlord-friendly markets. ***Seller may carry***
Property details
Interior
Bathrooms
- Total Bathrooms: 0
Interior Features
- Flooring: Ceramic Tile
Appliances
- Built-In Range
- Refrigerator
- Disposal
- W/D Hookup
Heating and Cooling
- Cooling Features: Heat Pump, Evaporative Cooling, Other, Electric, Varies by Unit, Window/Wall Unit
- Heating Features: Electric, Forced Air
Exterior
Land Info
- Lot Size Dimensions: 200X300
Garage and Parking
- Attached Garage: No
- Parking Features: Open, RV Access/Parking, See Remarks, Boat
Community
Neighborhood
- Subdivision: AMD PLAT OF NEWTOWN
Listing
Other Property Info
- Annual Tax Amount: $1,564
- Source Listing Status: Active
- County: Pinal
- Parcel Number: 101-02-074-O
- Zoning: GR
- Postal City: Apache Junction
- Listing Date: 2/28/2026
- On Market Date: 3/2/2026
- MLS#: 6991518
Features
Building and Construction
- Year Built: 1950
- Property Age: 76
- Construction Materials: Block, Wood Frame, Painted
- Roof: Other
Utilities
- Water Source: Private
Contact Us
Contact Us
Ask a question or schedule a showing
Listing updated: April 30, 2026
MLS#: 6991518
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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