588 W 21ST Avenue, Apache Junction, AZ 85120, Apache Junction, 85120 - 4 bed, 2 bath
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Apache Junction, AZ 85120
This Versatile Residential Property is a Prime Investment Opportunity, listed at $385,000—positioned well below the $393,663 Fair Market Value by 2%. This valuation gap offers $8,663 in Instant Equity. Featuring a 713-square-foot studio, owned solar, and no HOA, the home maintains a Fair Condition Rating with recent plumbing and appliance upgrades. Its flexible layout supports multi-generational living or home-based businesses. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 588 W 21ST Avenue Subject | $385,000* List Price | 4 | 2 | 1,890 | $208 | - |
A 528 W 17TH Avenue Sold | $375,000 List Price | 4 | 2 | 1,804 | 0.3 mi | |
B 2225 S CARDINAL Drive Sold | $350,000 List Price | 4 | 2 | 2,039 | 0.2 mi | |
C 825 W 15TH Lane Sold | $400,000 | 3 | 2 | 1,762 | $227 | 0.4 mi |
D 1495 S APACHE Drive Sold | $333,000 | 2 | 2 | 1,867 | $178 | 0.4 mi |
E 1717 W 15TH Lane Sold | $337,000 | 3 | 2 | 1,463 | $230 | 0.8 mi |
F 1404 W MONTEBELLO Avenue Sold | $363,000 | 3 | 2 | 1,490 | $244 | 0.5 mi |
G 880 S BUENA VISTA Drive Sold | $449,900 | 4 | 3 | 2,373 | $190 | 0.7 mi |
H 2227 S PALO VERDE Drive Sold | $369,000 | 3 | 2 | 1,414 | $261 | 0.9 mi |
I 690 W 23rd Avenue Pending | $390,000 List Price | 3 | 2 | 2,000 | $195 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property is over 45 years old and retains dated interior finishes such as older ceramic tile and a vintage stone fireplace. While the home features excellent system updates including new plumbing throughout, owned solar, and new appliances, the overall aesthetic and lack of a comprehensive modern renovation in the kitchen and living areas align with the fair criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7696, living area = 1890.
The property features two separate entrances and a massive 713-square-foot air-conditioned studio, making it ideal for multi-generational living, a home-based business, or guest quarters.
Equipped with an owned solar system and significant recent updates, including new plumbing throughout the entire home and new appliances, providing long-term value and reduced utility costs.
Built in 1978, the home may require additional cosmetic modernizations or maintenance typical of a property of this age despite recent plumbing and appliance updates.
While the property offers an oversized carport and storage sheds, the lack of a fully enclosed garage may be a drawback for buyers seeking maximum vehicle security or climate-controlled parking.
Unique & versatile property with no HOA. Featuring two separate entrances. Ideal setup for multi-generational living, a home-based business, or added privacy for guests. The spacious primary suite is designed for both comfort & accessibility, featuring a roll-in shower. Recent updates include new plumbing throughout the entire home, along with a new range, washer, and dryer. A backyard RV gate & a 713-square-foot air-conditioned and insulated studio/office, offer multiple possibilities as a workspace, art studio, fitness room, hobby area, or guest quarters. Outside, you'll appreciate the oversized two-car carport, along with two storage sheds. The home also features an owned solar system. With its thoughtful updates, flexible living spaces, exceptional storage, and no HOA restrictions, this one-of-a-kind property is ready to meet a variety of lifestyles and needs.
No exterior & parking available.
Grades PK-6 • 2.7 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,890 | - |
| Lot Size | 7,696 | - |
| Price | $385.0K | $358.4K |
| Price per sq ft | $204 | $265 |
| Built year | 1978 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 546 |
Jul 15, 2026
$385,000
Initial Listing