$274,900
$25K PRICE DROP

335 E Rodeo Dr Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated payment $1,527/month

Total Views 545
-- Bed
-- Bath
1,733 Sq Ft
$159 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Workshop
  • Ceramic Tile Flooring
  • No HOA
  • Patio
  • 1-Story Property

About This Home

Cash cow! This property features two houses on one lot and is ready for an owner occupant looking to offset their mortgage with rental income, or someone looking for space for in-laws or the investor looking to walk into instant equity with immediate cash flow. remodeled 5 years ago, don't miss out on this opportunity. Please refer to agent remarks!

Listing Agent

Kevin Simshauser

HomeSmart Listed on: 12/17/2025

HomeSmart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 45 Sq Ft Lot
  • Wood Fence
  • Subdivision Possible

Home Design

  • Duplex
  • Patio Home
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Bathtub and Shower Combination in Primary Bathroom
  • 1,733 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Workshop
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Dishwasher
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • Parking Pad
  • RV Access or Parking

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Heating Available
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $2,500 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Fuel Expense $1,500
  • Insurance Expense $2,500
  • Professional Management Expense $3,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,500
  • Operating Expense $12,400
  • Gross Income $33,595
  • Net Operating Income $21,195

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Horses: No
  • Lot Size: irregular
  • Road Surface Type: Paved
  • CapRate: 7.07
  • Professional Management Expense: 3000.0
  • Co List Office Mls Id: 3524
  • Subdivision Name: Fairgrounds Addition Resub
  • General Property Information: List Price/SqFt: 158.63
  • General Property Information: Lot Size Price/SqFt: 41.52
  • Special Features: None

Interior Features

  • Interior Steps: No
  • Appliances: Dishwasher, Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up
  • View: Residential
  • Construction Type: Concrete Block
  • Patio And Porch Features: Patio

Utilities

  • Electric Electric Company: TPE
  • Utilities: Sewer Connected
  • Laundry Features: Outside
  • Cooling: Ceiling Fan(s), Gas
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Contract Services: 500.0
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 1500.0
  • Expenses Taxes Assessments: 2500.0
  • Annual Water Sewer Expense: 2400.0

Schools

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

Lot Info

  • Lot Features: Dividable Lot
  • Lot Size Sq Ft: 41.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1948

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2025
  • New Taxes Expense: 2500.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33595.0
  • Insurance Expense: 2500.0
  • Property Net Operating Income: 21195.0
  • Annual Operating Expense: 12400.0

MLS Schools

  • Elementary School: Van Buskirk
  • High School: Pueblo

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $1,097 $8,292 -- --
2024 $992 $7,897 -- --
2023 $992 $7,521 -- --
2022 $998 $7,163 $0 $0
2021 $992 $6,497 $0 $0
2020 $962 $6,497 $0 $0
2019 $791 $5,951 $0 $0
2018 $774 $4,679 $0 $0
2016 $743 $4,456 $0 $0
2015 $720 $4,244 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 Price Changed $274,900 -8.3% $159 / Sq Ft
12/17/2025 12/17/25 For Sale $299,900 -- $173 / Sq Ft
Source: MLS of Southern Arizona

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Cash Sale Deed $51,000 North American Title Company
Cash Sale Deed $51,000 North American Title Company
Special Warranty Deed $30,800 North American Title Company
Trustee Deed $85,000 None Available
Warranty Deed $80,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 New Conventional
Previous Owner $64,000 Unknown
Source: Public Records

Source: MLS of Southern Arizona

MLS Number: 22531912

MLS of Southern Arizona

APN: 120-09-1550

Arizona Pima County Tucson 85714 Fairgrounds

335 E Rodeo Dr, Tucson, AZ

For Sale

MultiFamily

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MLS of Southern Arizona 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 2025 MLS of Southern Arizona. All Rights Reserved.

Nearby Homes
Listing Agent
Kevin Simshauser
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HomeSmart
(520) 602-9367