#6823092, Braden Simonton, Dallin Simonton, Listing office: Realty ONE Group

561 S Meridian Rd Apache Junction, AZ 85120
Property details
About 561 S Meridian Rd
This four plex is a nicely completed remodeled in 2019 and brought up to date. It has been fully rented since the rehab. This is a great cashflow opportunity with room to raise rents. Current rents are between $1200 and $1395 monthly. There are three 2 bed 1 bath apartments ($1200) and one 3 bed 2 bath apartment $1395). This is a single level property. Units are individually metered for electric in which the 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.
Highlights
Summary
- Flooring Type: Carpet, Ceramic Tile
- Parking: >1 Space Per Unit
- Heating: Other, Central
- Cooling: Central Air, Other
- List Price: $774,450
- Annual Tax Amount: $2,219
- Tax Year: 2025
- Directions: At intersection of Broadway and Meridian, North on Meridian to the Unit, about 7 lots down, on the East side of the road.
- Year Built: 2007
- MLS Number: 6853973
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Bullseye Property Management, LLC
- Office Phone: (480) 907-9050
- Office Email: nick@bullseyeaz.com
- Listing Agent: Blaine l Jarvis
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$774,450
561 S Meridian Rd
$9,197
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 19, 2022 | Home Sold | $540,000 |
Dec 04, 2019 | Home Sold | $260,000 |
Aug 28, 2019 | Home Sold | $260,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2025 | $33,011 | $2,219 |
2024 | $32,560 | $2,185 |
2023 | $24,357 | $2,095 |
2022 | $20,708 | $2,134 |
2021 | $20,048 | $992 |
2020 | $8,765 | $972 |
2019 | $8,522 | $972 |
2018 | $6,216 | $980 |
History based on county public records data.
Nearby schools
6
Brinton Elementary School
Public District KG-6
0.6 mi
•11455 E Sunland Ave
7
Patterson Elementary School
Public District PK-6
1.4 mi
•615 S Cheshire
5
Sousa Elementary School
Public District KG-6
1.7 mi
•616 N Mountain Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,338. Typical income of Apache Junction, AZ residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 561 S Meridian Rd
The listing price of 561 S Meridian Rd property is $774,450.
The property 561 S Meridian Rd is a house located in Apache Junction, Arizona, 85120.
Active Listing: 561 S Meridian Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 561 S Meridian Rd are: Brinton Elementary School (GreatSchools Rating 6/10), Patterson Elementary School (GreatSchools Rating 7/10), Sousa Elementary School (GreatSchools Rating 5/10), Imagine Superstition Middle School (GreatSchools Rating 6/10), Avalon Elementary School (GreatSchools Rating 4/10), Cactus Canyon Junior High School (GreatSchools Rating 3/10), Imagine Preparatory Superstition (GreatSchools Rating 4/10), Apache Junction High School (GreatSchools Rating 2/10), Apache Trail High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2025 is $2,219 (source: MLS/based on county public records data).
The last sale was on October 19, 2022 for $540,000 (source: MLS/tax record).
The property at 561 S Meridian Rd has 0 bathroom.
The year of construction for 561 S Meridian Rd is 2007.
This home is located at 561 S Meridian Rd in Apache Junction, AZ and zip code 85208. Features: 0 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $774,450.
Apache Junction, AZ housing market in May 2025 saw over 12 listings sold above listed price, more than 19 sold at listed price and over 18 sold below. Between April and May 2025, Apache Junction, AZ real estate market has seen decrease in the number of listings by 1.2%. The median list price of listings available in May 2025 was $415,380, while the average time on the real estate market was 55 days.