$590,700
- 8 Beds
- 4 Baths
- 2,880 sqft
506 E SOUTHERN Avenue E #11, Apache Junction, AZ 85119
Est. Refi. Payment $3,322/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 27, 2023 for $550,000
Home Value
Trulia Estimate
$591KSince last month
Decreased$27K (-4.3%)Since last year
Decreased$17K (-2.8%)Since last sale
Increased$41K (+7.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +7% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $591K |
| July 2026 | $617K |
| June 2026 | $630K |
| May 2026 | $617K |
| April 2026 | $617K |
| March 2026 | $612K |
| February 2026 | $625K |
| January 2026 | $657K |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Multi-Family Home | $514,000 | 04/29/26 | 8 | 4 | 3,168 | |
0.46 | Multi-Family Home | $565,000 | 07/07/26 | 8 | 4 | 2,880 | |
0.17 | Multi-Family Home | $335,000 | 06/03/26 | 5 | 2 | 2,450 | |
0.17 | Multi-Family Home | $335,000 | 06/10/26 | 6 | 1 | 2,616 | |
0.78 | Multi-Family Home | $514,000 | 04/30/26 | 8 | 4 | 3,200 | |
0.60 | Multi-Family Home | $542,500 | 11/06/25 | 8 | 1 | 2,832 | |
1.42 | Multi-Family Home | $600,000 | 04/17/26 | 8 | 4 | 3,100 | |
0.72 | Multi-Family Home | $710,000 | 07/03/26 | 4 | 1 | 1,400 | |
2.20 | Multi-Family Home | $700,000 | 07/27/26 | 2 | 1 | 1,500 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $561,500 | 6 | 1 | 2,940 | Off Market | |
0.03 | $325,400 | 3 | 2 | 1,000 | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.09 | $367,300 | 3 | 2 | 1,140 | Off Market | |
0.11 | - | - | - | - | Off Market | |
0.16 | $527,500 | 3 | 2 | 1,962 | Off Market | |
0.11 | $692,500 | 4 | 3 | 4,090 | Off Market | |
0.15 | $345,400 | 3 | 2 | 1,200 | Off Market | |
0.17 | $335,000 | 5 | 2 | 2,450 | Recently Sold | |
0.17 | $335,000 | 6 | 1 | 2,616 | Recently Sold | |
0.18 | $520,000 | 3 | 2.5 | 2,509 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1982
Living Area
2,880 sqft
Price/Sqft
$205
Parking
8 Open Spaces
About this House
This 4-Plex has easy access to Highway 60 in Apache Junction. The exterior of the building was just remodeled this May, as well as, painted.. All facia boards were replaced, as well. The unit has four remodeled secured laundry rooms with easy access. Ample parking in the rear of the building. Each unit has its owned private fenced for privacy. There are FOUR - 2 bedroom units with one bath each.
All units are rented with solid tenants. Cap rate 6.49%
All units are rented with solid tenants. Cap rate 6.49%
506 E SOUTHERN Avenue E #11, Apache Junction, AZ 85119 is a 8 bedroom, 4 bathroom, 2,880 sqft multi-family built in 1982. It last sold for $550,000 on Jun 27, 2023 (8% below the $599,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $590,700, with a rent estimate of $1,588/month.
Last check for updates: about 4 hours ago
Listed by Robert Francis Russo, (623) 340-5493
United Real Estate-Alliance
Jonathan Russo, (602) 317-4106
United Real Estate-Alliance
Bought with: Lethe Lew, (602) 380-7880, Desert River Realty
Source: ARMLS, MLS#6562638

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 506 E SOUTHERN Avenue E #11
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2880 Square Feet |
Appliances & Utilities Appliances: Built-In Range, Free-Standing Range, Disposal, Dishwasher, RefrigeratorDishwasherDisposalLaundry: W/D HookupRefrigerator |
Heating & Cooling Heating: Heat Pump,ElectricHas CoolingAir Conditioning: Electric,Heat PumpHas HeatingHeating Fuel: Heat Pump |
Gas & Electric Electric: SRPHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile, Vinyl, Concrete |
Levels, Entrance, & Accessibility Floors: Carpet, Ceramic Tile, Vinyl, Concrete |
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Exterior Home Features Roof: Composition |
Parking & Garage Open Parking Spaces: 8No CarportNo GarageHas Open ParkingParking Spaces: 8Parking: Free,Assigned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 5 |
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Year Built Year Built: 1982 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Painted |
Property Information Parcel Number: 10206083 |
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Price List Price: $599,000 |
Status Change & Dates Off Market Date: Sun Jun 04 2023 |
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MLS Status: Closed |
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Direction & Address City: Apache JunctionCommunity: PALM SPRINGS #11 LOT 1182 |
School Information Elementary School: Superstition Mountain Elementary SchoolElementary School District: Apache Junction Unified DistrictJr High / Middle School: Desert Mountain SchoolHigh School: Apache Junction High SchoolHigh School District: Apache Junction Unified District |
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Building Area Building Area: 2880 Square Feet |
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Community Features: No Pool |
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Listing Terms: No Carry, Conventional, 1031 Exchange, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: Trash Collection, Water, Sewer, Landscaping |
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Mls Number: 6562638 |
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No Pool |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 27, 2023 Source: ARMLS #6562638 | Sold | $550,000 |
Jun 4, 2023 Source: ARMLS #6562638 | Pending | $599,000 |
May 31, 2023 Source: ARMLS #6562638 | Listed For Sale | $599,000 |
Market trends in Apache Junction
Last updated July 2026
Avg. sale price
$350K
$3.33KMoM
Sale-to-List Price
99.3%
0.1%MoM
Price per sq ft
$253
$4MoM
Available listings
218
2MoM
Around this home
What Locals Say about Apache Junction
At least 366 Trulia users voted on each feature.
85 % Say parking is easy
85 % Say car is needed
83 % Say it's dog friendly
77 % Say yards are well-kept
68 % Say there's holiday spirit
64 % Say there's wildlife
62 % Say it's quiet
55 % Say people would walk alone at night
55 % Say kids play outside
50 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
44 % Say it's walkable to grocery stores
44 % Say there are sidewalks
32 % Say streets are well-lit
31 % Say it's walkable to restaurants
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 506 E SOUTHERN Avenue E #11
- What is 506 E SOUTHERN Avenue E #11 estimated to be worth?Trulia's estimated value for 506 E SOUTHERN Avenue E #11 in Apache Junction, AZ is $590,700.
- What is the price history for 506 E SOUTHERN Avenue E #11?506 E SOUTHERN Avenue E #11 in Apache Junction, AZ last sold for $550,000 in June 2023.
- Is Apache Junction a buyer's or seller's market?Apache Junction is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Apache Junction?The median sale price in Apache Junction is $350K. That is up $3.33K from the prior month.
- Does 506 E SOUTHERN Avenue E #11 have air conditioning?Yes, 506 E SOUTHERN Avenue E #11 in Apache Junction, AZ has air conditioning.
- Does 506 E SOUTHERN Avenue E #11 have laundry facilities?Yes, 506 E SOUTHERN Avenue E #11 in Apache Junction, AZ has laundry facilities.

