$600,000

1022 N Main Dr Apache Junction, AZ 85120

Estimated payment $3,421/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceiling Fan
  • Multiple Heating Units
  • Ceramic Tile Flooring

About This Home

1022 & 1034 Main Dr offer four units— two ground-set, financeable modular homes and two site-built houses. The seller is open to financing with solid terms and strong cash flow potential. The property sits on just under an acre in Apache Junction (RS-10M zoning), which may allow for more density. rent, though currently below market, are already generating strong returns with upside to increase NOI from day one.

Listing Agent

Benjamin Robinson

Venture REI. LLC License #SA687499000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces

Schools

  • Apache Junction High School

Utilities

  • Cooling Available
  • Multiple Heating Units

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 100-35-026-D

Community Details

Overview

  • 5 Buildings
  • 4 Units
  • Building Dimensions are 130 x 331
  • S18 T1n R8e Subdivision

Building Details

  • Operating Expense $867
  • Gross Income $52,526
  • Net Operating Income $46,442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$867

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Ironwood Dr & Superstition Blvd
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 5
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: S18 T1N R8E
  • Tax Parcel Letter: D
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Steel Frame, Wood Frame, Siding, Painted, Stucco
  • Roof: Composition
  • Construction:Steel Frame: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 130 x 331
  • Additional Parcels: Yes
  • Parcel #: 100-35-026-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 52525.5
  • Property Net Operating Income: 46442.0
  • Annual Operating Expense: 867.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 867.0
  • Tax Book Number: 100.00
  • Tax Lot: D

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $867 $18,320 -- --
2024 $818 $17,919 -- --
2023 $853 $16,067 $8,427 $7,640
2022 $818 $10,097 $4,571 $5,526
2021 $833 $9,506 $0 $0
2020 $812 $8,395 $0 $0
2019 $779 $5,648 $0 $0
2018 $763 $5,616 $0 $0
2017 $743 $5,475 $0 $0
2016 $724 $5,764 $2,378 $3,386
2014 $686 $4,014 $1,400 $2,614
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $600,000 +106.9% --
04/27/2022 04/27/22 Sold $290,000 -17.1% $602 / Sq Ft
03/28/2022 03/28/22 For Sale $350,000 +218.2% $726 / Sq Ft
04/10/2014 04/10/14 Sold $110,000 -37.1% $229 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $175,000 -- $365 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Deed In Lieu Of Foreclosure -- None Listed On Document
Warranty Deed $290,000 Driggs Title Agency Inc
Warranty Deed -- None Available
Warranty Deed $10,000 None Available
Warranty Deed $110,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $283,000 Commercial
Previous Owner $100,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6854659

Arizona Regional Multiple Listing Service (ARMLS)

APN: 100-35-026D

Arizona Pinal County Apache Junction 85120

1022 N Main Dr, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 1022 N Main Dr, Apache Junction, AZ 85120 and is currently priced at $600,000. This property was built in 1985. 1022 N Main Dr is a home located in Pinal County with nearby schools including Four Peaks Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Listing Agent
Benjamin Robinson
Section Image
Venture REI. LLC
(623) 323-6320