28 W Elm St Tucson, AZ 85705
Balboa Heights NeighborhoodEstimated payment $1,859/month
About This Home
Come see this great cash-flowing investment today! This duplex comprised of (2) 2 bed/1 bath units that currently has one occupied unit and the other vacant, for you to either live in or rent out. Do not disturb the tenant! Both units have large, gated backyards, a warm fireplace, a large storage unit, washer/dryer hookups, and a covered parking space. Located near downtown and UofA's campus, this neighborhood is in high demand and has great tenant retention. Buyer and buyer's agent to verify all facts and figures.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,559
Year Built
- Built in 1980
Home Design
- Wood Frame Construction
- Stucco
Parking
- 6 Open Parking Spaces
- 8 Parking Spaces
- 2 Covered Spaces
- Over 1 Space Per Unit
Utilities
- Evaporated cooling system
- No Heating
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 115-07-038
Community Details
Overview
- 2 Units
- Building Dimensions are 46'x152'
Building Details
- Operating Expense $1,559
- Gross Income $22,800
- Net Operating Income $24,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,625 | $12,282 | -- | -- |
| 2024 | $1,469 | $11,697 | -- | -- |
| 2023 | $1,469 | $11,140 | -- | -- |
| 2022 | $1,478 | $10,609 | $0 | $0 |
| 2021 | $1,469 | $9,623 | $0 | $0 |
| 2020 | $1,424 | $12,844 | $0 | $0 |
| 2019 | $1,406 | $11,478 | $0 | $0 |
| 2018 | $1,375 | $8,313 | $0 | $0 |
| 2017 | $1,367 | $8,313 | $0 | $0 |
| 2016 | $1,331 | $7,917 | $0 | $0 |
| 2015 | $1,292 | $7,540 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $329,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $71,000 | -- | |
| Warranty Deed | $38,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $56,800 | New Conventional | |
| Previous Owner | $113,223 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6944391
APN: 115-07-0380
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.
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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