This home's estimate is 3.6% higher than the average sale price ($495K) of 5 comparable homes.
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- Sale & tax history
- Property details
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561 S Meridian Rd, Apache Junction, AZ 85120
About this home
This four plex was completely remodeled in 2019 and brought up to date. It has been fully rented since the rehab. This is a great cash flow opportunity with room to raise rents. Current rents are $4085 monthly. There are three 2 bed 1 bath apartments and one 3 bed 2 bath apartment. This is a single level property. Units are individually metered for electric - tenant pays. These units have been professionally managed and have leases in place. ***DO NOT DISTURB TENANTS, DRIVE BY ONLY PLEASE*** Some of the information provided by the owners was estimated, please do your own research.
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Market trends in 85120, AZ
Last updated August 2026
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Provided by Redfin
Sale history for 561 S Meridian Rd
Tax history for 561 S Meridian Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Total: 8
- Open Parking Spaces: 8
- Parking Features: >1 Space Per Unit
Interior
- Heating & Cooling
- Has Heating
- Cooling: Central Air, Individual
- Has Cooling
- Heating: Individual, Central
- Interior Features
- Appliances: Free-Standing Range
- Flooring: Carpet, Ceramic Tile
Exterior
- Exterior Features
- Construction Materials: Painted, Stucco, Block
- Roof: Composition
- Property Information
- Ownership: Fee Simple
- Road Surface Type: Asphalt
- Lot Information
- Lot Size Dimensions: 108.92x108,92
- Building Information
- Number Of Buildings: 1
Financial
- Tax Information
- Tax Annual Amount: $2,134
- Tax Year: 2021
Location
- School Information
- Middle Or Junior School: Cactus Canyon Junior High
- High School: Apache Junction High School
- High School District: Apache Junction Unified District
- Elementary School District: Apache Junction Unified District
- Community Information
- Community Features: No Pool
- Utility Information
- Electric: APS, Individual Meter
- Sewer: Sewer-In & Connected, Public Sewer
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 2,923
- Stories: 1.0
- Parking Spaces: 8
- Basement: No
- Accessible: No
- Lot Size: 27.24 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1957
- Year Renovated: —
- County: Pinal County
- APN: 10108008
- HOA Dues: —
- Garage: No
- Features: —
Other
- Listing Information
- Water Source: Master Meter, Private
Around this home
Schools
Public PreK-6 • Assigned • 2.5mi
Public 6-8 • Assigned • 1.9mi
Public 9-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 111° expected this year, 19 days in 30 years
Minimal risk of severe winds over next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 13.4 hours in June and 7.7 hours in December, placing it above the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 85120
Home values near 561 S Meridian Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1400 Sq. Ft. | $346,983 |
- Beds | - Baths | 974 Sq. Ft. | $218,694 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1521 Sq. Ft. | $476,516 |
- Beds | - Baths | 1283 Sq. Ft. | $182,918 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1400 Sq. Ft. | $356,163 |
3 Beds | 2 Baths | 1400 Sq. Ft. | $264,557 |
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