- $1.2M Price
10411 E 1st Street
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.
Essential Information
- MLS® #6991508
- Price$1,200,000
- Year Built1973
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address10411 E 1st Street
- CityApache Junction
- CountyMaricopa
- StateAZ
- Zip Code85120
Amenities
- AmenitiesOther
- Parking Spaces15
Parking
RV Access/Parking, Other, Add'l Parking Avail
Interior
- HeatingForced Air, Central, Electric
- CoolingCentral Air, Ceiling Fan(s)
Appliances
Built-In Range, Disposal, Refrigerator
Exterior
- RoofComposition, Metal
Construction
Wood Frame, Painted, Stucco, Block
School Information
- DistrictMesa Unified District
- ElementarySousa Elementary School
- MiddleSousa Elementary School
- HighSkyline High School
Additional Information
- ZoningR3
Listing Details
- OfficeOrchard Brokerage
Orchard Brokerage.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on March 3rd, 2026 at 3:32am MST.