10411 E 1ST Street
Apache Junction, AZ 85120
University Manor
7 Beds
3 Baths
4,750 sqft (on 0.88 acres)
7 Beds
3 Baths
4,750 sqft
(on 0.88 acres)
Local Information
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Description
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.
***SELLER MAY CARRY***
***SELLER MAY CARRY***
Home Highlights
Parking
15 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$211
Listed
111 days ago
Home Details for 10411 E 1ST Street
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 4750 Square Feet |
Appliances & Utilities Appliances: Built-In Range, Disposal, RefrigeratorDisposalRefrigerator |
Heating & Cooling Heating: Forced Air,Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Forced Air |
Gas & Electric Electric: APSHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
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Exterior Home Features Roof: Composition Metal |
Parking & Garage Open Parking Spaces: 15No CarportNo GarageHas Open ParkingParking Spaces: 15Parking: RV Access/Parking,Other,Add'l Parking Avail |
Frontage Road Surface Type: Dirt, GravelNot on Waterfront |
Water & Sewer Sewer: Private Sewer |
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Cumulative Days on Market: 46Days on Market: 111 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Painted, Stucco, Block |
Property Information Parcel Number: 22047059A |
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Price List Price: $1,000,000Price Per Sqft: $211 |
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MLS Status: Active |
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Direction & Address City: Apache Junction |
School Information Elementary School: Sousa Elementary SchoolElementary School District: Mesa Unified DistrictJr High / Middle School: Sousa Elementary SchoolHigh School: Skyline High SchoolHigh School District: Mesa Unified District |
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Listing Agent Listing ID: 6991508 |
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Building Area Building Area: 4750 Square Feet |
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Community Features: Other |
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Lot Area: 0.88 acres |
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Listing Terms: Other (See Remarks), Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: Other |
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Mls Number: 6991508 |
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Other |
Last check for updates: about 12 hours ago
Listing courtesy of Eric Williamson, (602) 435-6708
Orchard Brokerage
Source: ARMLS, MLS#6991508
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Market trends in Mesa
Last updated May 2026
Avg. sale price
$431K
$1.7KMoM
Sale-to-List Price
98.8%
0.2%MoM
Price per sq ft
$259
$2MoM
Available listings
2004
77MoM
Price History for 10411 E 1ST Street
| Date | Price | Event | Source |
|---|---|---|---|
| 04/16/2026 | $1,000,000 | PriceChange | ARMLS #6991508 |
| 03/02/2026 | $1,200,000 | Listed For Sale | ARMLS #6991508 |
| 08/02/2019 | $206,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,212 |
| Assessment | $553,600 |
Home facts updated by county records
Comparable Sales for 10411 E 1ST Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.01 | Multi-Family Home | $570,000 | 09/09/25 | 6 | 2 | 1,920 | |
0.84 | Multi-Family Home | $530,000 | 07/25/25 | 4 | 4 | 2,542 | |
2.28 | Multi-Family Home | $413,000 | 07/11/25 | 8 | 5 | 8,514 | |
1.99 | Multi-Family Home | $580,000 | 01/16/26 | 6 | 2 | 1,920 | |
2.00 | Multi-Family Home | $580,000 | 01/16/26 | 6 | 2 | 1,920 | |
3.31 | Multi-Family Home | $514,000 | 04/30/26 | 8 | 4 | 3,200 | |
2.91 | Multi-Family Home | $317,000 | 12/01/25 | 2 | 2 | 1,081 | |
3.28 | Multi-Family Home | $384,250 | 12/17/25 | 3 | 2 | 1,415 | |
3.14 | Multi-Family Home | $545,000 | 11/06/25 | 2 | 2 | 1,492 |
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Assigned Schools
These are the assigned schools for 10411 E 1ST Street.
- Sousa Elementary School
- PK-6
- Public
- 337 Students
6/10GreatSchools RatingParent Rating AverageThere are some truly wonderful people at this school; however, the bullying issues are never meaningfully addressed. Teachers and upper leadership continually say they are ‘working on it,’ but many parents—myself included—have seen no real action. It’s heartbreaking, because Mesa schools once had a strong reputation, but sadly that no longer feels true. I truly hope this changes one day, because the school has the potential to be something wonderfulParent Review6mo ago - Skyline High School
- 9-12
- Public
- 1990 Students
4/10GreatSchools RatingParent Rating AverageThis is a huge campus that allows students to fall through the cracks.Parent Review4y ago - Smith Junior High School
- 7-8
- Public
- 707 Students
3/10GreatSchools RatingParent Rating AverageThe only D rated junior high in Maricopa County. Students very unmotivated and well below grade level. Administrators were unsupportive of teachers, putting most of the school discipline on teachers. 2 teachers were assaulted with 1 month of each other. Look for other places to send your kids.Other Review1y ago 
Check out schools near 10411 E 1ST Street.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eric Williamson, Orchard Brokerage
Agent Phone: (602) 435-6708
10411 E 1ST Street, Apache Junction, AZ 85120 is a 7 bedroom, 3 bathroom, 4,750 sqft multi-family built in 1973. 10411 E 1ST Street is located in University Manor, Apache Junction. This property is currently available for sale and was listed by ARMLS on Mar 1, 2026. The MLS # for this home is MLS# 6991508.