468 N IRONWOOD Drive, Apache Junction, AZ 85120
468 N IRONWOOD Drive, Apache Junction, AZ 85120
468 N IRONWOOD Drive, Apache Junction, AZ 85120
468 N IRONWOOD Drive, Apache Junction, AZ 85120
468 N IRONWOOD Drive, Apache Junction, AZ 85120
468 N IRONWOOD Drive, Apache Junction, AZ 85120
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David E Smith

David E Smith

+1(602) 617-7831
$ 1,000,000
Est. payment | /mo
Save
$ 1,000,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Amd Plat Of Newtown

MLS Listing ID 6991518

Year Built 1950

Annual Tax Amount $1,564

Tax Year 2025

Lot Dimensions 200X300

Source Arizona Regional Multiple Listing Service (ARMLS)

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. ***Seller may carry***

Location

State AZ

County Pinal

Community Amd Plat Of Newtown

Area Pinal

Zoning GR

Interior

Heating Forced Air, Electric

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

Flooring Carpet

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

Exterior

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

Community Features Other, See Remarks, No Pool

Roof Type Other

Private Pool No

Building

Sewer Septic Tank

Water Private

New Construction No

Schools

Elementary Schools The Classical Academy At Superstition Mountain

High Schools Apache Junction High School

School District Apache Junction Unified District

Others

Senior Community No

Tax ID 101-02-074-O

Acceptable Financing Owner May Carry, Other (See Remarks)

Disclosures None

Listing Terms Owner May Carry, Other (See Remarks)

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Orchard Brokerage • Eric Williamson

Nearby Locations

David E Smith

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(602) 617-7831

david@azhome.us

3707 E Southern Ave. #1047, Mesa, AZ, 85206, USA

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468 N IRONWOOD Drive