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468 N Ironwood Drive, 
Apache Junction, AZ 85120

$1,200,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Eric Williamson

Orchard Brokerage

602-435-6708

Last updated:

March 2, 2026, 06:41 PM

MLS#

6991518

Source:

ARMLS

About This Home

468 N Ironwood Drive

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.

Home Facts

Multi-Family

Built in 1950

Price Summary

1,200,000

MLS #:

6991518

Last Updated:

March 2, 2026, 06:41 PM


Structure

Structure

Year Built:

1950


Finances & Disclosures

Finances

Price:

$1,200,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.