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$542,500

  • Sold
  • Closed
  • Multi-Family
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Great Investment opportunity in Apache Junction!! This four-plex features four 2-bedroom, 1-bathroom units, each designed for comfortable living and steady rental demand. With strong cash flow potential and a location close to schools, and major highways, this property is ideal for both seasoned investors and those looking to grow their portfolio. A rare chance to own a solid income-producing asset in a desirable area.

Full Property Details for 1461 E Southern Ave

General

  • Sold For: $542,500
  • Taxes: $1,546 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6924305
  • Added to Site: 112 day(s) ago

Interior

  • Appliances: Free-Standing Range, Disposal, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Vinyl

Parking

  • Parking Features: >1 Space Per Unit

Location

  • County: Pinal
  • Township: 01N
  • Subdivision: PALM SPRINGS UNIT 15
  • Cross Streets: E Southern Ave and S Tomahawk Road

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Brick Veneer, Wood Frame, Painted, Block
  • Roof: Rolled/Hot Mop
  • Year Built: 1981

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 90 x 109
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $1,546
  • Tax Year: 2024
  • Terms: Conventional, FHA, VA Loan
  • Owner Pays: Landscaping

Disclosures and Reports

  • Legal Description: LOT 1756 PALM SPRINGS UNIT 15 CAB 15 SLD 8
  • Property ID: 102-27-255
  • Range: 08E
  • Section: 33
  • Lot Number: 1756

Listed by Barrett Real Estate
Sold by Desert River Realty

Listing agent

— 1461 E Southern Ave —

  • Barrett Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1461 E Southern Ave

School District:Apache Junction Unified District
NameGradesDistance
Peralta Trail Elementary School
10965 E Peralta Rd, Apache Junction, AZ 85118
PK-66.9 mi
Cactus Canyon Junior High School
801 West Southern Avenue, Apache Junction, AZ 85120
7-81.5 mi
Apache Junction High School
2525 South Ironwood Drive, Apache Junction, AZ 85120
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1461 E Southern Ave

Date
Details
Price
Change
Source
11/06/2025
Sold
$560,000
-6.51%
MLS
9/25/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Barrett Real Estate
Sold by Desert River Realty

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1461 E Southern Avenue, Apache Junction, AZ 85119 (MLS# 6924305) is a Multi-Family property that was sold at $542,500 on November 06, 2025. Want to learn more about 1461 E Southern Avenue? Do you have questions about finding other Multi-Family real estate for sale in Apache Junction? You can browse all Apache Junction real estate or contact a Coldwell Banker agent to request more information.