AZ
Maricopa
Apache Junction
85120
10411 E 1ST Street
10411 E 1ST Street, Apache Junction, AZ 85120
Share Listing
Listing Type
Multi Family
Listing Status
Active
12
$1,200,000

Home Details for 10411 E 1ST Street

Price
$1,200,000
Type
Residential Income
Year built
1973
County
Maricopa
Days on site
45
Listing #
6991508
Listing Courtesy: Orchard Brokerage
Property 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.

Property Features
  • Heating Information
    • Forced Air
    • Central
    • Electric
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
  • Parking
    • RV Access/Parking
    • Other
  • Water Features
    • Public
School Information
School Information for 10411 E 1ST Street, Apache Junction, AZ 85120
Elementary School
Sousa Elementary School
Middle School
Sousa Elementary School
High School
Skyline High School
Arizona logo Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.
Last Updated: 2026-04-16 11:41:06
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Arizona.
EXIT REALTY COANNAH
610 N. Alma School Rd #18, Chandler, AZ 85224
Office
480 284 6283
Request more details
Code: