$1,200,000

10411 E 1ST Street, Apache Junction, AZ 85120

Multi-Family Home
Built in 1973
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: March 2, 2026
Data Last Updated:: April 2, 2026 at 6:06AM
Listing Office:: Orchard Brokerage :
Listing Agent:: Eric Williamson : 602-435-6708
MLS ID:: 6991508

Flooring: Tile
A/C: Central AirCeiling Fan(s)
Heating: Forced AirCentralElectric

Parking: RV Access/ParkingOtherAdd'l Parking AvailParking spaces: 15

Roofing: CompositionMetal
General: Wood FramePaintedStuccoBlock

Road/Access: DirtGravel
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Mesa Unified District
County: Maricopa

Zoning: R322047059A

Water: City Franchise
Sewer: Private Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Eric Williamson , Orchard Brokerage

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Sousa Elementary School

616 N Mountain Rd, Mesa, AZ, 85207

Grades KG-6

1.20 miles away

Smith Junior High School

10100 E Adobe Rd, Mesa, AZ, 85207

Grades 7-8

1.06 miles away

Skyline High School

845 S Crismon Rd, Mesa, AZ, 85208

Grades 9-12

1.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.