$325,000

303 & 305 E Palmdale St Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated payment $2,000/month

Total Views 5,620
-- Bed
-- Bath
1,709 Sq Ft
$190 Price per Sq Ft

Highlights

  • Secondary bathroom tub or shower combo
  • No HOA
  • Enclosed Patio or Porch
  • Corner Lot
  • Community Basketball Court
  • Eat-In Kitchen

About This Home

Investment opportunity! This listing is for a one-story duplex...rent out both sides or live in one and rent out the other!!! Currently leased; one tenant has leased for more than 30 years! Block construction, shingle roof, gas appliances. PLEASE SEE ADDITIONAL LISTING FOR ADJACENT INVESTMENT PROPERTY W/3 CASITAS BEING SOLD SIMULTANEOUSLY W/THIS PROPERTY - 307 E PALMDALE. These properties share the same parking lot.

Listing Agent

Connie Jackson-Slye

Realty Executives Arizona Territory License #SA690180000 Listed on: 09/12/2025

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 45 Sq Ft Lot
  • Lot Dimensions are 142 x 51 x 142 x 50
  • Desert faces the front and back of the property
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Masonry
  • Lead Paint Disclosure

Interior Spaces

  • Secondary bathroom tub or shower combo
  • 1,709 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Bay Window
  • Garden Windows
  • Living Room
  • Storage
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Van Buskirk Elementary School
  • Utterback-Magnet Middle School
  • Pueblo High School

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Enclosed Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,243 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Basketball Court
  • Park

Building Details

  • Insurance Expense $150
  • Water Sewer Expense $80
  • New Taxes Expense $1,243
  • Operating Expense $1,473
  • Gross Income $17,700
  • Net Operating Income $16,227

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

45 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Horses: No
  • Lot Size: 142 x 51 x 142 x 50
  • Road Surface Type: Paved
  • CapRate: 4.57
  • Co List Office Mls Id: 498306
  • Subdivision Name: Government Heights Amend.
  • General Property Information: List Price/SqFt: 190.17
  • General Property Information: Lot Size Price/SqFt: 45.22
  • Special Features: None

Interior Features

  • Kitchen Features Appliance Color: White
  • Appliances: Gas Range, Refrigerator
  • Window Features: Bay Window(s), Garden Window(s)

Exterior Features

  • ExteriorFeatures: None
  • Roof: Shingle
  • View: Residential
  • Construction Type: Concrete Block, Masonry Stucco
  • Patio And Porch Features: Covered, Enclosed, Patio

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Dryer Included, Washer Included, Outside
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1243.0
  • Annual Water Sewer Expense: 80.0

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 45.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1961

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 1243.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17700.0
  • Insurance Expense: 150.0
  • Property Net Operating Income: 16227.0
  • Annual Operating Expense: 1473.0

MLS Schools

  • Elementary School: Van Buskirk
  • High School: Pueblo

Map

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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
11/20/2025 11/20/25 Price Changed $325,000 -8.5% $190 / Sq Ft
10/01/2025 10/01/25 Price Changed $355,000 -7.8% $208 / Sq Ft
09/13/2025 09/13/25 Price Changed $385,000 -44.8% $225 / Sq Ft
09/12/2025 09/12/25 For Sale $698,000 -- $408 / Sq Ft
Source: MLS of Southern Arizona

Source: MLS of Southern Arizona

MLS Number: 22523795

MLS of Southern Arizona
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