404 E OSAGE Avenue, Apache Junction, AZ 85119

$465,000
Property Type: Multiple Dwellings Status: Active
Current Price: $465,000 Last Modified: 4/20/2026

Overview

Description

Now's your chance to own a solid triplex in a high demand area! Each unit has its own adorable honeycomb fireplace, W/D hookup, and spacious yards. Roof is newer (installed in 2022) and A/C's are newer. Two units are 2 bed, 1 bath, and one is 2 bed, 2 bath (occupied). This property offers a strong value-add opportunity through both interior and exterior renovations. Each unit is equipped with its own washer/dryer hookup, and the property is individually metered for electricity. Owner is also selling a similar Triplex next door (428 E. Osage, MLS 7016819) and would love to sell them together, if possible, but it's not a deal breaker. THIS PROPERTY HAS GREAT POTENTIAL. Come see it today!

Listing Details MLS# 7016776

Location, Tax & Legal

House Number
404
Compass
E
Street Name
OSAGE
St Suffix
Avenue
City/Town Code
Apache Junction
State/Province
AZ
Zip Code
85119
Zip4
3756
County Code
Pinal
Subdivision
PALM SPRINGS UNIT FOURTEEN
Assessor Number
102-25-086
Tax Year
2025
Assessor's Map #
25
Legal Description (Abbrev)
LOT 1485 PALM SPRINGS UNIT FOURTEEN CAB 14 SLD 8
Assessor's Parcel #
86
Add'l Parcels
No
Tax Municipality
Pinal - COUNTY
Census Tract
315
Taxes
722
Legal
LOT 1485 PALM SPRINGS UNIT FOURTEEN CAB 14 SLD 8
Marketing Name
Palm Springs

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
91.93x109.35x74.08x23.69x92.03
Year Built
1980
Uncvrd Parking Spcs
3
Total # of Units
3
# of Buildings
Yes
Zoning
GR
Flood Zone
No
Elementary School District
Apache Junction Unified District
High School District
Apache Junction Unified District
Elementary School
Desert Vista Elementary School
Jr. High School
Cactus Canyon Junior High
High School
Apache Junction High School

Remarks Misc

Cross Street
Southern Ave & Winchester Road
Directions
From the US 60, north on Idaho Road, Right onto Southern Ave, 1st left onto Winchester Road. Right onto Osage Rd, 1st property on left

Legal Info

Township
01N
Range
08E
Section
28
Lot Number
1485

Income Expenses

Gross Annual Sch Inc
19170
Net Operating Income
5233

More Information

Showing Notification Methods

Showing Service
Aligned Showings

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1000
Avg SqFt
872
# Baths
Yes

Project Type

Tri-Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Board & Batten Siding
Yes
Stone
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Gas Exp
0
Annual Ins Exp
1152
Annual Land Lse Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
4125
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Operating Exp
5999
Other Income
0
Vacancy Allowance
0.75
Adjusted Gross Inc
4792.5

Pmt & Rate Info

Cap Rate
1.13
Equity
465000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes

Heating

Forced Air
Yes
Window/Wall Unit(s)
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Exterior Amenities

Fenced
Yes
Partially Fenced
Yes
Cable TV Available
Yes
Separate Storage
Yes

Interior Features

Unfurnished
Yes
Shutters
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Free-Standing Electric Oven
Yes
Refrigerator
Yes
W/D Hookup
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Accountant
Yes
Tax Return
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes
Off Street
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes
No Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Board & Batten Siding; Stone Roofing: Composition Floors: Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Partially Fenced; Cable TV Available; Separate Storage Interior Features: Unfurnished; Shutters Appliances Included: Free-Standing Electric Oven; Refrigerator; W/D Hookup Heating: Forced Air; Window/Wall Unit(s) Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: On Street; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Accountant; Tax Return Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry Environmental: None
Listing Office: Good Oak Real Estate
IDX
Last Updated: April - 20 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.