$1,200,000

468 N IRONWOOD Drive, Apache Junction, AZ 85120

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
March 2, 2026
Data Last Updated:
April 2, 2026 at 7:07AM
Listing Office:
Orchard Brokerage :
Listing Agent:
Eric Williamson : 602-435-6708
MLS ID:
6991518
  • Flooring: CarpetCeramic TileConcrete
  • A/C: Evaporative CoolingOtherWindow/Wall UnitElectricHeat PumpIndividual
  • Heating: Forced AirElectric
  • Parking: RV Access/ParkingSee RemarksFreeAdd'l Parking AvailBoatParking spaces: 0
  • Roofing: Other
  • General: Wood FramePaintedBlock
  • Road/Access: Asphalt
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Apache Junction Unified District
  • County: Pinal
  • Zoning: GR10102074O
  • Water: Private
  • Sewer: Septic Tank
  • 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 $

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Location

Schools Nearby

F

Four Peaks Elementary School

1755 N Idaho Rd, Apache Junction, AZ, 85119

Grades PK-6

1.37 miles away

C

Cactus Canyon Junior High School

801 W Southern Ave, Apache Junction, AZ, 85120

Grades 7-8

1.94 miles away

A

Apache Junction High School

2525 S Ironwood Dr, Apache Junction, AZ, 85120

Grades 9-12

1.93 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.

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