NOT LISTED FOR SALE

203 E 2nd St Tucson, AZ 85705

West University Neighborhood

Estimated Value: $621,484 - $763,000

4 Beds
1 Bath
3,029 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2023

Last sale price $619,500 $205 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,908 / mo

20 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Bonus Room
  • 0.21 Acre Lot
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2023

Close to the UofA & located in the West University Historic District! The main house is a super cute red brick home with historic charm including wood floors throughout and footed bathtub. AC cooling. Kitchen includes refrigerator and gas stove. Washer and dryer included (as-is). All ground floor units have private yards.
The three units behind the main house are addressed as 906 N 6th Ave. Units B & C have ceramic tile flooring, electric stoves and refrigerators. Unit C has vinyl & carpet flooring, electric stove and refrigerator. Photos used are before current tenants moved in. The property needs help to return to it's original charm. Perfect for a hands on owner. Property is currently occupied. PLEASE DO NOT DISTURB CURRENT TENANTS! Units will be shown with an accepted offer.

Last Agent to Sell the Property

Eduardo Garcia

Grijalva Realty Corp. License #BR627145000 Listed on: 11/08/2023

Co-Listed By

Laura Grijalva

Grijalva Realty Corp. License #BR012838000

Last Buyer's Agent

Kemena Duany

My Home Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 72 Sq Ft Lot
  • Lot Dimensions are 72x149x71x148
  • Desert faces the front of the property
  • Wood Fence
  • Stucco Fence
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Bungalow
  • Brick or Stone Mason
  • Frame With Stucco
  • Frame Construction
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 3,029 Sq Ft Home
  • 1-Story Property
  • Shelving
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Living Room
  • Bonus Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level
  • The property is located in a historic district

Schools

  • Roskruge Elementary School
  • Roskruge Bilingual Magnet Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • $3,625 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $3,300
  • Water Sewer Expense $140
  • New Taxes Expense $3,625
  • Operating Expense $7,065
  • Gross Income $50,400
  • Net Operating Income $43,335

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

72 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Unit Info Average Monthly Rent One Bedroom: 800.0
  • Unit Info Average Monthly Rent Two Bedroom: 1350.0
  • Unit Info Average Monthly Rent Studios: 725.0
  • Horses: No
  • Lot Size: 72x149x71x148
  • Road Surface Type: Paved
  • CapRate: 7.0
  • Co List Office Mls Id: 1546
  • Co List Office Phone: 520-325-1574
  • Co List Office Mls Id: 1546
  • Subdivision Name: C.O.T. Resub
  • General Property Information: List Price/SqFt: 214.59
  • General Property Information: Lot Size Price/SqFt: 72.44
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen Island
  • Kitchen Features Appliance Color: White
  • Appliances: Gas Range, Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Shingle
  • View: Residential
  • Construction Type: Brick, Frame - Stucco, Other
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Other, Dryer Included, Washer Included, Outside
  • Cooling: Ceiling Fan(s), Central Air
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 3625.0
  • Annual Water Sewer Expense: 140.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Roskruge Bilingual Magnet

Lot Info

  • Lot Features: North/South Exposure, Corner Lot
  • Lot Size Sq Ft: 72.0
  • Zoning: Tucson - HR3

Building Info

  • Year Built: 1980

Rental Info

  • Utilities Paid Landscaping: Owner
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 3625.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 50400.0
  • Insurance Expense: 3300.0
  • Property Net Operating Income: 43335.0
  • Annual Operating Expense: 7065.0

MLS Schools

  • Elementary School: Roskruge
  • High School: Tucson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Nov 30, 2023
Sold by
Shapouri Reza M
Bought by
Reza And Lisa Shapouri Living Trust and Shapouri
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Kemena Duany
My Home Group
List Price
$650,000
Sold Price
$619,500
Premium/Discount to List
-$30,500
-4.69%
Views
2
Current Estimated Value
$674,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,661
Avg. Annual Appreciation
3.62%

Purchase Details

Listed on
Nov 8, 2023
Closed on
Nov 29, 2023
Sold by
Shapouri Reza M
Bought by
Reza And Lisa Shapouri Living Trust and Shapouri
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Kemena Duany
My Home Group
List Price
$650,000
Sold Price
$619,500
Premium/Discount to List
-$30,500
-4.69%
Views
2

Purchase Details

Closed on
Oct 11, 2005
Sold by
Bernal Peter and Bernal Karla R
Bought by
Chassen Benjamin M and Chassen Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2004
Sold by
Yablonski Harry E and Yablonski Vonnie K
Bought by
Bernal Peter A and Bernal Karla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,440
Interest Rate
5.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reza And Lisa Shapouri Living Trust -- Stewart Title & Trust Of Tucso
Reza And Lisa Shapouri Living Trust -- Stewart Title & Trust Of Tucso
Reza And Lisa Shapouri Living Trust -- Stewart Title & Trust Of Tucso
Shapouri Reza M $619,500 Stewart Title & Trust Of Tucso
Chassen Benjamin M $450,000 --
Chassen Benjamin M $450,000 --
Bernal Peter A $334,300 Title Security Agency Of Az
Bernal Peter A $334,300 Title Security Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chassen Benjamin M $332,500
Previous Owner Bernal Peter A $267,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $619,500 -4.7% $205 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $650,000 -- $215 / Sq Ft
Source: MLS of Southern Arizona

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $4,004 $31,785 -- --
2025 $4,004 $30,271 -- --
2024 $3,621 $28,830 -- --
2023 $3,621 $27,457 -- --
2022 $3,642 $26,149 $0 $0
2021 $3,621 $23,718 $0 $0
2020 $3,511 $23,718 $0 $0
2019 $4,509 $35,311 $0 $0
2018 $4,410 $26,665 $0 $0
2016 $4,274 $25,395 $0 $0
2015 $4,144 $24,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Eduardo Garcia

    Grijalva Realty Corp.

    (520) 325-1574

    1 in this area

    48 Total Sales

    Eduardo Garcia
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Laura Grijalva

    Grijalva Realty Corp.

  • K

    Buyer's Agent in 2023

    Kemena Duany

    My Home Group

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22324356

MLS of Southern Arizona

APN: 117-02-2400

Arizona Pima County Tucson 85705 West University

203 E 2nd St, Tucson, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS of Southern Arizona The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. 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. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

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