● For sale

$500,000

468 N IRONWOOD Drive, Apache Junction, AZ 85120

AMD PLAT OF NEWTOWN · Pinal County

Built 1950 No HOA
38 days on market

Description

This is a once in a lifetime opportunity . This is for the north parcel only. See mls listing for both 6991518. 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: 4/23/2026
  • On Market Date: 4/24/2026
  • MLS#: 7018104
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

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Listed by Eric Williamson Orchard Brokerage

Listing updated: April 30, 2026

MLS#: 7018104

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.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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