$1,150,000

Estimated payment $6,517/month

Total Views 3,108
-- Bed
-- Bath
4,681 Sq Ft
$246 Price per Sq Ft

Highlights

  • 0.21 Acre Lot
  • Contemporary Architecture
  • Arizona Room
  • Mountain View
  • Secondary bathroom tub or shower combo
  • Great Room

About This Home

Excellent investment opportunity with four separate rental units and well-designed outdoor spaces ideal for relaxing or entertaining. The property includes a shared courtyard, BBQ area, and a coin-operated laundry room with change machine, creating added convenience for tenants and an additional income stream. Located across from the sought-after Winterhaven neighborhood in central Tucson, with close access to UMC, the University of Arizona, parks, shopping, and dining. The unit mix offers a variety of layouts to appeal to a wide range of renters. The main unit is a spacious 4 bedroom, 2.5 bathroom home of approximately 1,850 square feet, featuring a functional kitchen with stainless steel appliances and a breakfast bar. A separate studio unit offers 1 bedroom and 1 bathroom approximately 500 square feet, complete with a gas stove and full bath. Another unit includes 2 bedrooms and 1 bathroom across approximately 800 square feet with tile flooring and a private patio. The fourth unit features 2 bedrooms and 2 bathrooms at approximately 960 square feet, including a large primary suite with an attached office space. Each unit has dedicated off-street parking and carport access. The property is well suited for both short-term and long-term rental strategies, giving investors flexibility to meet their goals. Strong potential, prime location, and multiple income streams make this a standout opportunity.

Listing Agent

Valerie Lovio

Realty Executives Arizona Territory License #SA710714000 Listed on: 03/27/2026

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 124 Sq Ft Lot
  • Lot Dimensions are 68' x 162' x 69' 161'
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Built-Up Roof
  • Adobe

Interior Spaces

  • 4,681 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Office
  • Ceramic Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Secondary bathroom tub or shower combo

Parking

  • 5 Parking Spaces
  • Driveway

Outdoor Features

  • Courtyard
  • Patio
  • Water Fountains
  • Arizona Room
  • Outdoor Grill

Location

  • Ground Level

Schools

  • Cragin Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $5,024 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $3,125
  • Maintenance Expense $6,000
  • New Taxes Expense $5,024
  • Operating Expense $14,149
  • Gross Income $85,500
  • Net Operating Income $71,351

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

124 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 68' x 162' x 69' 161'
  • Road Surface Type: Paved
  • CapRate: 6.2
  • Supplies Expense: 6000.0
  • Co List Office Mls Id: 4983
  • Subdivision Name: N/A
  • General Property Information: List Price/SqFt: 245.67
  • General Property Information: Lot Size Price/SqFt: 124.81
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s), Kitchen Island, Breakfast Bar
  • Kitchen Features Pantry: Cabinet
  • Kitchen Features Oven: 1
  • Interior Steps: No
  • Appliances: Disposal, Desk, Double Sink, Electric Range, Dishwasher
  • Window Features: Double Pane Windows

Exterior Features

  • ExteriorFeatures: Barbecue, Fountain, Courtyard
  • Roof: Built-Up
  • View: Residential, Mountain(s)
  • Construction Type: Burnt Adobe
  • Patio And Porch Features: Patio

Utilities

  • Electric Electric Company: TEP
  • Sewer: Septic Tank
  • Laundry Features: Facility
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 6000.0
  • Expenses Taxes Assessments: 5023.89

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: Subdivided
  • Lot Size Sq Ft: 124.0
  • Zoning: Tucson - R1

Building Info

  • Year Built: 1954

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2025
  • New Taxes Expense: 5023.89

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 85500.0
  • Insurance Expense: 3124.84
  • Property Net Operating Income: 71351.27
  • Annual Operating Expense: 14148.73

MLS Schools

  • Elementary School: Cragin
  • High School: Catalina

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,024 $39,879 -- --
2025 $5,024 $37,980 -- --
2024 $4,819 $36,171 -- --
2023 $4,547 $34,449 $0 $0
2022 $4,569 $32,808 $0 $0
2021 $4,543 $29,758 $0 $0
2020 $4,405 $31,217 $0 $0
2019 $4,347 $34,374 $0 $0
2018 $4,252 $25,706 $0 $0
2017 $4,228 $25,706 $0 $0
2016 $4,122 $24,482 $0 $0
2015 $3,996 $23,316 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2026 03/27/26 For Sale $1,150,000 -- $246 / Sq Ft
Source: MLS of Southern Arizona

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed -- Accommodation
Warranty Deed $330,000 None Available
Warranty Deed $250,000 --
Interfamily Deed Transfer -- --
Warranty Deed $148,500 Lawyers Title
Warranty Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $264,000 Commercial
Previous Owner $25,000 Commercial
Previous Owner $141,050 Commercial
Previous Owner $97,000 Commercial
Closed $49,500 No Value Available
Source: Public Records

Source: MLS of Southern Arizona

MLS Number: 22608132

MLS of Southern Arizona

APN: 112-01-0730

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