10411 E 1ST StreetApache Junction, AZ 85120
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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.
| 4 days ago | Listing updated with changes from the MLS® | |
| 5 days ago | Status changed to Active | |
| 6 days ago | Listing first seen on site |
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Last checked: 2026-03-07 05:37 AM UTC
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