NOT LISTED FOR SALE

2461 N Alvernon Way Tucson, AZ 85712

Oak Flower Neighborhood
2 Beds
2 Baths
1,190 Sq Ft
0.28 Acres

Last Sold August 28, 2024

Last sale price $200,000 $168 Per Sq Ft

77 Days on Market

Highlights

  • RV Parking in Community
  • Mountain View
  • Covered Patio or Porch
  • 0.28 Acre Lot
  • Southwestern Architecture
  • Stainless Steel Appliances

About This Home

As of August 2024

This property features two casitas, each with its own backyard with O-3 zoning, it provides a versatile opportunity for immediate rental income and long-term development. Located in an Opportunity Zone, the property offers attractive tax incentives for investors. The strategic location enhances its appeal, being close to key amenities and commercial centers. Most units are ripe for improvements, presenting substantial opportunities to boost rental income. This property is a prime candidate for both income generation and future growth. Range $230,000-$250,000. Must be sold with MLS#22414577

Last Agent to Sell the Property

Jake Arnold

Realty Executives Arizona Territory Listed on: 06/10/2024

Realty Executives Arizona Territory

Co-Listed By

Omer Kreso

Realty Executives Arizona Territory

Last Buyer's Agent

Non- Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1954

Lot Details

  • 0.28 Acre Lot
  • East or West Exposure
  • Dog Run
  • Wood Fence
  • Back and Front Yard

Home Design

  • Duplex
  • Southwestern Architecture
  • Bungalow
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Mountain Views
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Stainless Steel Appliances
  • Concrete Kitchen Countertops

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Circular Driveway

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,129 special tax assessment

Community Details

Overview

  • Catalina Farms Annex Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $1,482
  • Maintenance Expense $359
  • Professional Management Expense $1,800
  • Water Sewer Expense $1,325
  • Gross Income $19,745
  • Net Operating Income $12,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,129

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow, Southwestern
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: CATALINA FARMS ANNEX S100' N200' E146.2'LOT 1 BLK 1 EXC ROW
  • Attached Detached: Detached
  • List Price per Sq Ft: 193.28
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 860.00
  • Unit Info Number Of Units1 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Concrete
  • Gross Sq Ft: 1190.00
  • Bathroom Features: Shower Only/Primary
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Concrete overlay
  • Living Areas: Living Room, Off Kitchen
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Decorative Gravel, Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Dog Run

Garage/Parking

  • Driveway: Circular
  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Evaporative Cooling
  • Main Heating: Floor Furnace, Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 359.00
  • Expenses Taxes Assessments: 2128.88

Schools

  • School District: TUSD
  • Elementary School: Wright
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.28
  • Lot Dimensions: See new Assesors Map
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 18.66
  • Lot Sq Ft: 12328.00
  • Lot Sz Sold Prc Sq Ft: 16.22
  • Municipality Zoning: Tucson - O3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1954

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 111-08-159A
  • Taxes: 2128.88
  • Tax Year: 2023
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $200,000 -13.0% $168 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $230,000 0.0% $193 / Sq Ft
11/03/2016 11/03/16 Rented $500 0.0% --
11/03/2016 11/03/16 For Rent $500 +1.0% --
09/16/2015 09/16/15 Rented $495 0.0% --
09/16/2015 09/16/15 For Rent $495 -- --
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jake Arnold

    Seller's Agent in 2024

    Jake Arnold

    Realty Executives Arizona Territory

    (520) 505-1015

    3 in this area

    55 Total Sales

    Jake Arnold
    Section Image
  • Omer Kreso

    Seller Co-Listing Agent in 2024

    Omer Kreso

    Realty Executives Arizona Territory

    (520) 247-7480

    3 in this area

    68 Total Sales

    Omer Kreso
    Section Image

  • N

    Buyer's Agent in 2024

    Non- Member

    Non-Member Office

  • A

    Seller's Agent in 2016

    Alisha Baker

    Axiom Property Management

  • D

    Seller Co-Listing Agent in 2016

    Danriza Kelley

    Axiom Property Management

  • P

    Seller's Agent in 2015

    Phillip Fileccia

    Bancroft & Associates

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22414576

MLS of Southern Arizona
Arizona Pima County Tucson 85712 Oak Flower

2461 N Alvernon Way, Tucson, AZ

This home is located at 2461 N Alvernon Way, Tucson, AZ 85712 since 10 June 2024. This property was built in 1954. 2461 N Alvernon Way is a home located in Pima County with nearby schools including John B Wright Elementary School, Doolen Middle School, and Catalina High School.

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 2025 MLS of Southern Arizona. All Rights Reserved.

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