
Apache Junction, AZ 85120
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $275,907 Fair Market Value by -8%. Featuring a 1/2 acre lot with no HOA and a detached guest house, this asset offers significant value-add potential. Given its Poor Condition Rating and cash-only requirement, the property demands a full rehab to unlock its full utility. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the expansive lot and mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 543 N Ironwood Drive Subject 2 bd · 2 ba · 1,224 sqft · $225 | $300,000* List Price | 2 | 2 | 1,224 | $225 | - |
A 2353 W OHIO Street Sold 2 bd · 1 ba · 1,537 sqft · $185 · 0.5 mi | $285,000 | 2 | 1 | 1,537 | $185 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and marketed as an 'Investor Special' requiring 'Cash Only,' this property is over 60 years old with no evidence of major system or interior renovations. The dated kitchen, textured ceilings, and aged flooring, combined with the listing's admission that it 'needs work,' place it in the poor category requiring a full rehab.
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 = 1224.
The property includes a fully equipped detached casita with its own kitchen, living area, bedroom, and bathroom, offering significant potential for rental income or multi-generational living.
Situated on a half-acre lot with no HOA restrictions, the property provides ample space for RV parking, a workshop, or custom outdoor expansions, offering rare flexibility for the area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Marketed as an 'Investor Special' that 'needs work,' the property requires a substantial additional capital investment to address deferred maintenance and modernization.
The requirement for a cash-only transaction limits the potential buyer pool by excluding those who rely on traditional mortgage financing.
INVESTOR SPECIAL - CASH ONLY! Seize the Opportunity with this sizeable property 1/2 acre lot and NO HOA. You're greeted by breathtaking mountain views that provide a picturesque backdrop, a detached carport, a shed for extra storage, and a sizeable front patio. Inside, the inviting living room has textured ceilings, vertical blinds, and a blend of soft carpeting and tile flooring. The eat-in kitchen comes with ample wood cabinetry, essential built-in appliances, and an island with a breakfast bar. All bedrooms are cozy and well-sized, providing a private retreat for a good night's sleep. You'll also find a detached guest house, complete with a living area, kitchen, bedroom, and bathroom. Venture out onto the vast outdoor space, offering a fantastic opportunity to craft your dream oasis. But wait... there's more! This is where this property is truly unique... There is plenty of room for an RV or RV garage on this property... AND an entire casita, In-law suite, workshop, or separate home office space that can be transformed into something truly customized to you. Yes it needs work, but for this price, you can truly make it your own. If you have been looking for an investment opportunity like this, NOW is your chance!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,224 | 1,602.519 |
| Lot Size | 20,345 | 5,602.061 |
| Price | $300.0K | $426.5K |
| Price per sq ft | $245 | $259 |
| Built year | 1956 | 2026 |
| HOA | $0 | $131 |
| Days on market | 11 | 79 |
Oct 13, 2026
$300,000
Initial Listing