3201 E Fairmount St Tucson, AZ 85716
Palo Verde NeighborhoodHighlights
- RV Access or Parking
- Ranch Style House
- No HOA
- Mountain View
- Corner Lot
- Covered Patio or Porch
About This Home
AMAZING investment opportunity. Perfect for owner occupant. Two pride of ownership mid-century duplexes in a wonderful area consisting mostly of single family homes. Located approx. 1 mile from the U of A and Bannner-University Medical Center. Spacious Mid-Century 2 BR units with 1196 sqft living area each. Most units have updated kitchens, updated bathrooms, tile floors, washer and dryers. Large walled front court yard. Large walled north facing rear yards with covered patios. Secure gated entry for tenants with covered parking, concrete driveway and ample parking. Roof to be serviced by Hallmark with 2 year warranty. Expenses are actual (average over last 2 years). The new entry gate (cost $11,215) was not included in average. Tenants pay gas and electric . Owner pays the water.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 81 Sq Ft Lot
- Block Wall Fence
- Shrub
- Corner Lot
- Landscaped with Trees
Home Design
- Quadruplex
- Ranch Style House
- Brick or Stone Mason
- Built-Up Roof
- Lead Paint Disclosure
Interior Spaces
- 2,392 Sq Ft Home
- Ceiling Fan
- Window Treatments
- Living Room
- Formal Dining Room
- Storage Room
- Ceramic Tile Flooring
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Electric Range
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 8 Car Garage
- Carport
- Driveway
- RV Access or Parking
Outdoor Features
- Courtyard
- Covered Patio or Porch
Schools
- Blenman Elementary School
- Doolen Middle School
- Catalina High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- North or South Exposure
- Ground Level
Listing and Financial Details
- $4,257 special tax assessment
Community Details
Overview
- No Home Owners Association
- 4 Units
- The community has rules related to covenants, conditions, and restrictions, deed restrictions
Building Details
- Insurance Expense $2,328
- Maintenance Expense $4,283
- Water Sewer Expense $2,296
- New Taxes Expense $4,257
- Operating Expense $15,127
- Gross Income $66,400
- Net Operating Income $51,273
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 |
|---|---|---|---|---|
| 2026 | $2,219 | $17,611 | -- | -- |
| 2025 | $2,219 | $16,772 | -- | -- |
| 2024 | $2,006 | $15,973 | -- | -- |
| 2023 | $2,006 | $15,213 | -- | -- |
| 2022 | $2,018 | $14,488 | $0 | $0 |
| 2021 | $2,006 | $13,141 | $0 | $0 |
| 2020 | $1,945 | $13,483 | $0 | $0 |
| 2019 | $1,920 | $13,473 | $0 | $0 |
| 2018 | $1,878 | $11,352 | $0 | $0 |
| 2016 | $1,809 | $10,811 | $0 | $0 |
| 2015 | $1,753 | $10,296 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $820,000 | -- | $343 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $152,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $122,000 | New Conventional |
Source: MLS of Southern Arizona
MLS Number: 22606104
APN: 122-17-3360
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.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.
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Ask me questions while you tour the home.