3046 N Mountain Ave Tucson, AZ 85719
Hedrick Acres NeighborhoodEstimated payment $2,431/month
Highlights
- 0.2 Acre Lot
- Furnished
- Breakfast Area or Nook
- Ranch Style House
- No HOA
- Brick or Stone Mason
About This Home
Versatile 3-Unit Property in Prime Central Tucson - Live in One, Rent the Rest! Plenty of potential awaits at this rare triplex opportunity in a highly desirable location, just minutes from the University of Arizona. Whether you're an owner-occupant looking to offset your mortgage with rental income, or a savvy investor ready to expand your portfolio, this property checks all the boxes. The main single-family home offers 2 bedrooms, 1 bathroom, and 1,082 sq ft of comfortable living space. With classic Tucson charm and a functional layout, it's perfect as a primary residence or a solid rental. Tucked behind the main home is a duplex featuring two 1BR/1BA units, totaling 944 sq ft. Each unit is tenant occupied - providing steady cash flow potential from day one. Enjoy added value with a generous lot, ample off-street parking, and separate entrances for privacy and convenience. The location can't be beat - it's close to the University of Arizona, shopping, dining, public transit, and all that midtown Tucson has to offer. Whether you're house hacking, investing, or both, this is the kind of flexible, income-producing property that's hard to find in today's market. Don't miss your chance to own a triplex in a high-demand area!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 48 Sq Ft Lot
- Lot Dimensions are 67 x 109 x 68 x 110
- East or West Exposure
- Block Wall Fence
Parking
- 4 Parking Spaces
Home Design
- Triplex
- Ranch Style House
- Brick or Stone Mason
- Built-Up Roof
- Concrete Block And Stucco Construction
Interior Spaces
- Bathtub and Shower Combination in Primary Bathroom
- 2,026 Sq Ft Home
- Furnished
- Living Room
- Ceramic Tile Flooring
- Laundry Located Outside
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Electric Range
Schools
- Holaway Elementary School
- Amphitheater Middle School
- Amphitheater High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Natural Gas Not Available
- Electric Water Heater
- High Speed Internet
Additional Features
- Patio
- Ground Level
Listing and Financial Details
- $2,361 special tax assessment
Community Details
Overview
- No Home Owners Association
- 3 Units
- The community has rules related to deed restrictions
Building Details
- Fuel Expense $3,300
- Insurance Expense $1,200
- Other Expense $1,500
- Water Sewer Expense $1,750
- New Taxes Expense $2,361
- Operating Expense $11,111
- Gross Income $42,000
- Net Operating Income $30,889
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 | $2,361 | $19,182 | -- | -- |
| 2024 | $2,274 | $18,153 | -- | -- |
| 2023 | $1,887 | $17,289 | $0 | $0 |
| 2022 | $1,887 | $16,465 | $0 | $0 |
| 2021 | $1,861 | $14,935 | $0 | $0 |
| 2020 | $1,851 | $15,652 | $0 | $0 |
| 2019 | $1,802 | $15,644 | $0 | $0 |
| 2018 | $1,738 | $12,901 | $0 | $0 |
| 2017 | $1,709 | $12,901 | $0 | $0 |
| 2016 | $1,740 | $12,287 | $0 | $0 |
| 2015 | $1,673 | $11,702 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/08/2025 11/08/25 | Pending | -- | -- | -- | |
| 10/25/2025 10/25/25 | For Sale | $425,000 | +161.5% | $210 / Sq Ft | |
| 01/25/2021 01/25/21 | Sold | $162,500 | 0.0% | $80 / Sq Ft | View Prior Sale |
| 12/26/2020 12/26/20 | Pending | -- | -- | -- | |
| 12/16/2020 12/16/20 | For Sale | $162,500 | -- | $80 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $375,000 | Stewart Title & Tr Of Tucson | |
| Warranty Deed | -- | Stewart Title | |
| Special Warranty Deed | $162,500 | None Available | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | Fidelity National Title | |
| Deed In Lieu Of Foreclosure | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $383,298 | FHA | |
| Previous Owner | $363,298 | FHA | |
| Previous Owner | $146,250 | Commercial | |
| Previous Owner | $315,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: MLS of Southern Arizona
MLS Number: 22527762
APN: 113-07-1770
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