$540,000
Apache Junction, AZ 85120
MLS# 6568713
Status: Closed
1 / 12
Property Description
This listing includes 2 large parcels / (3 homes & 4 mobile homes) 7 buildings total. **CASH FLOW** 2nd parcel located at 2217 W Ohio St (just behind the front lot of 2191) Front parcel: 2191 has 2 single family homes. Back parcel: 2217 has one single family home & 4 mobile homes, plus one rented RV storage spot. All units are occupied by paying tenants. 3 tenants are guaranteed rent w/government assistance.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $540,000
Sold Price: $540,000
Status: Closed
List Date: 2023-06-14
Location, Tax & Legal
Assessor's Map #: 3
Legal Description (Abbrev): CAYTON SUBD E-75' OF W-150' OF LOT 44 SEC 19-1N-8E (11250 SQ FT)
Assessor's Parcel #: 52
Add'l Parcels: Yes
Tax Municipality: Pinal - COUNTY
Census Tract: 308
Taxes: 1666
Legal: CAYTON SUBD E-75' OF W-150' OF LOT 44 SEC 19-1N-8E (11250 SQ FT)
Marketing Name: Ohio Income Property
Map Code/Grid: R44
House Number: 2191
Compass: W
Street Name: OHIO
St Suffix: Street
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85120
Zip4: 5341
County Code: Pinal
Subdivision: CAYTON SUBDIVISION
Assessor Number: 101-03-052
Tax Year: 2022
General Property Description
# of Buildings: 7
Uncvrd Parking Spcs: 10
Lot Size Dimensions: 26,250
Flood Zone: No
Total # of Units: 7
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Jr. High School: Apache Junction High School
High School: Apache Junction High School
Year Built: 1960
Zoning: (04-02) RENTAL
Legal Info
Range: 08E
Section: 19
Township: 01N
Lot Number: 44
Project Type
5 - 12 Units: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Ins Exp: 3000
Annual Landscape Exp: 200
Annual Maint Exp: 500
Annual Trash Exp: 3500
Annual Wtr/Swr Exp: 540
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 9406
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 75078
Pmt & Rate Info
Cap Rate: 13.6
Equity: 500000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
See Remarks: 1
Cooling
Individual: 1
Other: 1
Exterior Amenities
Fenced: 1
RV/Boat Parking: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Tenant Pays
Water: 1
Electricity: 1
Appliances Included
Other: 1
Road Surface Type
Asphalt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Septic Tank: 1
Septic-In & Connected: 1
Parking Features
Free: 1
>1 Space Per Unit: 1
RV Access/Parking: 1
Electric
Other (See Remarks): 1
Gas
Propane Bottled: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
No Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 2450
# Baths: 7
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2850
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 800
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: University and Delaware
Geo Lat: 33.420641
Geo Lon: -111.570297
Status Change Info
Off Market Date: 2023-07-19
Under Contract Date: 2023-06-20
Close of Escrow Date: 2023-07-28
Sold Price: $540,000
Income Expenses
Gross Annual Sch Inc: 77400
Net Operating Income: 67994
Property Features
Project Type: 5 - 12 Units
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; RV/Boat Parking; Separate Storage
Interior Features: Unfurnished
Appliances Included: Other
Heating: See Remarks
Cooling: Individual; Other
Water Source: City Franchise
Sewer: Septic Tank; Septic-In & Connected
Electric: Other (See Remarks)
Gas: Propane Bottled
Parking Features: >1 Space Per Unit; RV Access/Parking; Free
Road Surface Type: Gravel; Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Water; Electricity
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: No Carry
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: April - 06 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
