$1,499,000

2620 N Stone Ave Tucson, AZ 85705

Keeling Neighborhood

Estimated payment $8,283/month

Total Views 3,467
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Central Heating
  • 3-minute walk to Balboa Heights Park
  • Ceramic Tile Flooring

About This Home

Add this charming, 14-unit cash-flowing property to your portfolio. Comprised of (8) stand-alone, 1 bed/1 bath townhomes, (5) additional 1-bedroom units, (1) 2-bedroom unit and a laundry room, this is a desert oasis for tenants to call home. Interior renovations have made these charming units a great place for tenants to call home. Located along Stone Avenue with easy access to downtown, the Tucson Mall, and the I-10 freeway, this can be a great investment for years to come.

Listing Agent

Tyler Bruggman

ABI Multifamily License #SA660047000 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,864

Year Built

  • Built in 1948

Home Design

  • Foam Roof
  • Stucco
  • Adobe

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 7 / 044
  • Assessor Parcel Number 107-13-191

Community Details

Overview

  • 11 Buildings
  • 14 Units
  • Building Dimensions are 116x300

Building Details

  • Operating Expense $5,514
  • Gross Income $134,710
  • Net Operating Income $95,835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,864

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Grant Rd and Stone Ave
  • Property Type: Multiple Dwellings
  • Zoning: TBD
  • Number Of Buildings: 11
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2024
  • Road Surface Type: Dirt, Asphalt
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Free-Standing Gas Oven
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Adobe
  • Roof: Foam
  • Construction:Adobe: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 21.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Electric
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other

Lot Info

  • Lot Size: 116x300
  • Additional Parcels: No
  • Parcel #: 107-13-191

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Number Of Units Total: 14
  • Annual Gross Income: 134710.0
  • Property Net Operating Income: 95835.0
  • Annual Operating Expense: 5514.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 4864.0
  • Tax Block: 044
  • Tax Book Number: 107.00
  • Tax Lot: 7

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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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2025 08/07/25 For Sale $1,499,000 0.0% --
03/30/2016 03/30/16 Rented $450 0.0% --
02/29/2016 02/29/16 Under Contract -- -- --
02/12/2016 02/12/16 For Rent $450 +3.4% --
05/22/2015 05/22/15 Rented $435 0.0% --
05/22/2015 05/22/15 For Rent $435 0.0% --
04/29/2015 04/29/15 Sold $317,500 0.0% $42 / Sq Ft View Prior Sale
03/30/2015 03/30/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $317,500 -- $42 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6902887

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Pima County Tucson 85705 Keeling

2620 N Stone Ave, Tucson, AZ

For Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Tyler Bruggman
Listing Agent
Tyler Bruggman
Section Image
ABI Multifamily
(520) 523-6758