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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

468 N Ironwood Drive, Apache Junction, AZ – $1,000,000

  • $1M Price
  • $1M Price

468 N Ironwood Drive

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***

Essential Information

  • MLS® #6991518
  • Price$1,000,000
  • Year Built1950
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address468 N Ironwood Drive
  • SubdivisionAMD PLAT OF NEWTOWN
  • CityApache Junction
  • CountyPinal
  • StateAZ
  • Zip Code85120

Amenities

  • AmenitiesOther, See Remarks, No Pool

Parking

RV Access/Parking, See Remarks, Free, Add'l Parking Avail, Boat

Interior

  • HeatingForced Air, Electric

Appliances

Built-In Range, Disposal, Refrigerator, W/D Hookup

Cooling

Evaporative Cooling, Other, Window/Wall Unit, Electric, Heat Pump, Individual

Exterior

  • RoofOther
  • ConstructionWood Frame, Painted, Block

School Information

  • HighApache Junction High School

District

Apache Junction Unified District

Elementary

The Classical Academy at Superstition Mountain

Additional Information

  • ZoningGR

Listing Details

  • OfficeOrchard Brokerage
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Price Change History for 468 N Ironwood Drive, Apache Junction, AZ (MLS® #6991518)

Date Details Change
Price Reduced from $1,200,000 to $1,000,000 $200,000 (16.67%)

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 April 27th, 2026 at 5:29pm MST.