
Apache Junction, AZ 85120
This Commercial-Potential Residential Asset is listed at $325,000, reflecting its unique versatility compared to the $300,466 Fair Market Value. Currently in Condition Category 5, the 1961 structure requires a full-scale renovation but offers a high-utilization 7,224-square-foot lot with No HOA Restrictions. Located near Apache Junction High School and Four Peaks Elementary, the property balances residential proximity with professional office potential. This Value-Add property represents a strategic acquisition for Fix-and-Flip Investors or Entrepreneurs looking to capitalize on a high-visibility location with significant development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2315 W SUPERSTITION Boulevard Subject | $225,000* List Price | 2 | 1 | 782 | $263 | - |
A 324 S OCOTILLO Drive Sold | $193,801 | 2 | 2 | 800 | $242 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property is in mostly original condition and requires substantial rehabilitation to meet modern residential standards. The kitchen features outdated cabinetry and appliances, and the home lacks a central HVAC system, relying on an old wall furnace and window AC units. The interior shows significant signs of wear and deferred maintenance, including mismatched tile flooring and torn window treatments, making it a candidate for a full renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7224, living area = 782.
The property offers unique commercial potential and a flexible layout, making it an ideal choice for a small business, professional office, or a live-work setup.
With no homeowner association fees or regulations, owners have greater freedom to customize the property and benefit from lower monthly overhead costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7224, other record lot size in square feet = 6375.
Built in 1961, the home requires updating and cosmetic repairs to meet modern residential standards and maximize its market value.
With only 782 square feet of living space, the compact interior may be restrictive for residential families or businesses requiring a larger footprint.
Charming two-bedroom, one-bath property in Apache Junction offering exceptional versatility and commercial potential. This well-located home provides a unique opportunity for those seeking a flexible space that can serve as either a comfortable personal residence or a convenient small-business setting. While the property would benefit from some updating, its solid structure, adaptable layout, and desirable location create a strong foundation for customization. Whether you're an investor, entrepreneur, or homeowner looking to tailor a space to your needs, this property presents a promising canvas with significant long-term potential.
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 782 | - |
| Lot Size | 7,224 | - |
| Price | $225.0K | $358.4K |
| Price per sq ft | $288 | $265 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 121 | 546 |
Jul 19, 2026
$225,000
$250,000
-10% Price Drop
Initial Listing
Jul 2, 2026
$250,000
$275,000
-9% Price Drop
Initial Listing
May 14, 2026
$275,000
$295,000
-7% Price Drop
Initial Listing
May 7, 2026
$295,000
$300,000
-2% Price Drop
Initial Listing
Apr 23, 2026
$300,000
$315,000
-5% Price Drop
Initial Listing
Apr 16, 2026
$315,000
$325,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$325,000
Initial Listing