$435,000
SOLD SEP 25, 2025

2300 S 7th Ave Tucson, AZ 85713

-- Bed
-- Bath
2,160 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$201 Per Sq Ft

13% Below List Price

84 Days on Market

Highlights

  • Mountain View
  • Secondary bathroom tub or shower combo
  • No HOA
  • Ranch Style House
  • Corner Lot
  • Laundry Room

About This Home

As of September 2025

Immediate Income Opportunity!
This well-maintained investment property features three equally sized detached 2BD/1BA units, each with its own carport, private yard, and interior laundry room. All units have been updated within the last 5-6 years and offer separate electric and gas meters with tenants covering those utilities. Owner currently pays for water/sewer/trash. Great rental setup in place—please do not disturb tenants!

Last Agent to Sell the Property

Christopher Craven

Realty Executives Arizona Territory License #BR543044000 Listed on: 07/02/2025

Realty Executives Arizona Territory

Last Buyer's Agent

David Morales

Hot Casa Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 62 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot

Home Design

  • Triplex
  • Ranch Style House
  • Wood Frame Construction
  • Built-Up Roof
  • Lead Paint Disclosure

Interior Spaces

  • Secondary bathroom tub or shower combo
  • 2,160 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway

Location

  • Ground Level

Schools

  • Mission View Elementary School
  • Utterback-Magnet Middle School
  • Pueblo High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • $1,675 special tax assessment

Community Details

Overview

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

Building Details

  • New Taxes Expense $1,675
  • Operating Expense $1,675
  • Gross Income $39,600
  • Net Operating Income $37,925

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

62 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Unit Info Average Monthly Rent Two Bedroom: 1100.0
  • Horses: No
  • Lot Size: 0
  • Road Surface Type: Paved
  • CapRate: 8.72
  • Co List Office Mls Id: 498306
  • Subdivision Name: Home Addition
  • General Property Information: List Price/SqFt: 201.39
  • General Property Information: Lot Size Price/SqFt: 62.41
  • Special Features: None

Interior Features

  • Kitchen Features Appliance Color: White
  • Interior Steps: No
  • Appliances: Disposal, Gas Range

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up - Reflect
  • View: Mountain(s)
  • Construction Type: Slump Block, Wood Frame
  • Patio And Porch Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Phone Connected
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1675.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Utterback-Magnet

Lot Info

  • Lot Features: Subdivided, Corner Lot
  • Lot Size Sq Ft: 62.0
  • Zoning: Tucson - SR1

Building Info

  • Year Built: 1965

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 1675.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 39600.0
  • Property Net Operating Income: 37925.0
  • Annual Operating Expense: 1675.0

MLS Schools

  • Elementary School: Mission View
  • High School: Pueblo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Sep 24, 2025
Sold by
Lsg Investments Llc
Bought by
Romero Peter Villagrana and Romero Lidia Maria
Seller's Agent
Christopher Craven
Realty Executives Arizona Territory
Buyer's Agent
David Morales
Hot Casa Real Estate
List Price
$499,900
Sold Price
$435,000
Premium/Discount to List
-$64,900
-12.98%
Views
46
Current Estimated Value
$354,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,137
Avg. Annual Appreciation
-33.45%
Original Mortgage
$326,250
Outstanding Balance
$325,374
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$29,489

Purchase Details

Closed on
Jun 18, 2025
Sold by
Ramirez Adolfo and Ramirez Anna
Bought by
Lsg Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2020
Closed on
Dec 1, 2020
Sold by
Noriega Joseph and Noriega Jennifer
Bought by
Ramirez Adolfo and Ramirez Anna M
Seller's Agent
Melanie Koon
Rentals America
Buyer's Agent
Melanie Koon
Long Realty
Sold Price
$895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$184,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Mcglasson John Brian
Bought by
Noriega Joseph M and Noriega Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,300
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2002
Sold by
Orient William L and Orient Phyllis A
Bought by
Mcglasson John Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
5.86%
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 Type Sale Price Title Company
Warranty Deed $435,000 Fidelity National Title Agency
Warranty Deed $435,000 Fidelity National Title Agency
Warranty Deed $340,000 Fidelity National Title Agency
Warranty Deed $340,000 Fidelity National Title Agency
Warranty Deed $246,000 Stewart Title & Tr Of Tucson
Warranty Deed $192,880 Ttiga
Warranty Deed $192,880 Ttiga
Warranty Deed $98,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,250 New Conventional
Closed $326,250 New Conventional
Previous Owner $340,000 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $154,300 Commercial
Previous Owner $78,400 Commercial
Closed $14,700 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Sold $435,000 0.0% $201 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
08/22/2025 08/22/25 Price Changed $435,000 +2.4% $201 / Sq Ft
08/19/2025 08/19/25 Price Changed $424,700 -5.6% $197 / Sq Ft
08/14/2025 08/14/25 Price Changed $449,700 0.0% $208 / Sq Ft
07/16/2025 07/16/25 Price Changed $449,900 -10.0% $208 / Sq Ft
07/02/2025 07/02/25 For Sale $499,900 0.0% $231 / Sq Ft
01/28/2021 01/28/21 Rented $895 0.0% --
12/29/2020 12/29/20 Under Contract -- -- --
12/18/2020 12/18/20 For Rent $895 0.0% --
12/08/2020 12/08/20 Sold $246,000 0.0% $114 / Sq Ft View Prior Sale
11/08/2020 11/08/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $246,000 -- $114 / 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 $1,866 $14,763 -- --
2025 $1,866 $14,060 -- --
2024 $1,675 $13,390 -- --
2023 $1,578 $12,752 $0 $0
2022 $1,546 $12,145 $0 $0
2021 $1,557 $11,016 $0 $0
2020 $1,509 $11,016 $0 $0
2019 $1,534 $10,800 $0 $0
2018 $1,563 $10,252 $0 $0
2017 $1,565 $10,252 $0 $0
2016 $1,497 $9,764 $0 $0
2015 $1,453 $9,299 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22517755

MLS of Southern Arizona

APN: 118-24-1430

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