543 N IRONWOOD Drive, Apache Junction, AZ 85120, Apache Junction, 85120 - 3 bed, 1 bath
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543 N IRONWOOD Drive
Apache Junction, AZ 85120
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,785Sq Ft
20,345Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$315,000
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $315,000—positioned well below the $332,170 Fair Market Value by 5%. This valuation gap offers $17,170 in Instant Equity for buyers. Featuring a Fair Condition Rating, the asset includes a large 20,345 sqft lot, a backhouse, and an improved workshop. This multi-dwelling setup provides significant rental income potential. This is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Estimated Market Value
$315,000
Based on Realkey algorithm analyzing recent comparable sales in Apache Junction.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 543 N IRONWOOD Drive Subject | $315,000* List Price | 3 | 1 | 1,785 | $176 | - |
A 2353 W OHIO Street Pending | $349,900 List Price | 2 | 1 | 1,537 | $228 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956 (68 years old) with no evidence of major renovations. Interior images show significant neglect, including a bathroom with a missing toilet, damaged drywall, and original pink fixtures. Marketed as an investor opportunity, the property requires a full rehab of kitchens, baths, and likely systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20345, living area = 1785.
- Multi-Dwelling Potential
The property features both a front house and a backhouse, providing a versatile setup for rental income, guest quarters, or multi-generational living.
- Expansive Lot Size
Situated on a massive 20,345 sqft lot, the property offers significant space for outdoor storage, expansion, or additional development in a non-HOA area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1785, other record living area = 1224.
- Investor-Grade Condition
Marketed as an investor opportunity and built in 1956, the property likely requires significant updates and repairs to meet modern living standards.
- Functional Obsolescence
With multiple dwellings on an older lot, buyers may encounter challenges regarding utility separation, permitting, or the layout of the secondary living spaces.
About 543 N IRONWOOD Drive
Great investor opportunity with multiple dwellings on a large lot. The front house offers 2 bedrooms and a bathroom. The backhouse has space for a full bedroom and bathroom as well as a set up for a kitchen and living area. A workshop with electric and a mini split add to the ample opportunities this property presents.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 20,345 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,785 | 1,607.5 |
| Lot Size | 20,345 | 5,262.5 |
| Price | $315.0K | $427.2K |
| Price per sq ft | $176 | $257 |
| Built year | 1956 | 2026 |
| HOA | $0 | $150 |
| Days on market | 74 | 80 |
Pricing History
Listed for Sale
Jul 30, 2026
$315,000
$325,000
-3% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$325,000
Initial Listing