4018 E Fairmount St Tucson, AZ 85712
Midtown Tucson NeighborhoodEstimated payment $2,259/month
Highlights
- Mountain View
- Secondary bathroom tub or shower combo
- Community Pool
- Southwestern Architecture
- No HOA
- Covered Patio or Porch
About This Home
Significant Price Adjustment - Don't Miss Out! - This turn-key duplex located in a prime central location is a well-maintained, investor-ready property that is ideal for owner-occupants or those seeking reliable rental income. Each unit is 2bed / 2bath with spacious living areas. Major upgrades have recently been completed, including a NEW roof, NEW HVAC's, water heaters, freshly painted interior, NEW appliances in 4018 + more. Minimizing maintenance concerns & maximizing ROI. One unit includes a private, resurfaced gated pool with a brand-new pump, offering premium rental appeal or the option to share between units for added value. Located in a small, quiet & well-kept community, this property includes four parking spaces (two covered), storage & laundry hookups for each unit Sitting minutes from shopping, dining + major transportation routes and only 10 minutes from UofA, you'll benefit from strong rental demand. Whether you're looking to expand your investment portfolio or house hack, this centrally located property is a smart and flexible opportunity in the heart of Tucson.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 40 Sq Ft Lot
- Lot Dimensions are 60x150
- Desert faces the front of the property
- Cul-De-Sac
- East or West Exposure
- Wood Fence
- Chain Link Fence
Home Design
- Duplex
- Southwestern Architecture
- Built-Up Roof
- Lead Paint Disclosure
Interior Spaces
- Secondary bathroom tub or shower combo
- 1,984 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Family Room Off Kitchen
- Living Room
- Storage
- Laundry Located Outside
- Ceramic Tile Flooring
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven
- Electric Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Home Security
- Window Bars
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Driveway
Schools
- Wright Elementary School
- Doolen Middle School
- Catalina High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Ground Level
Listing and Financial Details
- $1,920 special tax assessment
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Community Pool
Building Details
- Insurance Expense $1,758
- Water Sewer Expense $1,668
- New Taxes Expense $1,920
- Operating Expense $5,346
- Gross Income $31,800
- Net Operating Income $26,454
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | Price Changed | $362,000 | -6.0% | $182 / Sq Ft |
| 10/17/2025 10/17/25 | Price Changed | $385,000 | -2.5% | $194 / Sq Ft |
| 09/07/2025 09/07/25 | Price Changed | $395,000 | -1.0% | $199 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $399,000 | 0.0% | $201 / Sq Ft |
| 01/05/2015 01/05/15 | Rented | $775 | 0.0% | -- |
| 12/06/2014 12/06/14 | Under Contract | -- | -- | -- |
| 12/04/2014 12/04/14 | For Rent | $775 | +10.7% | -- |
| 10/28/2013 10/28/13 | Rented | $700 | 0.0% | -- |
| 09/28/2013 09/28/13 | Under Contract | -- | -- | -- |
| 07/02/2013 07/02/13 | For Rent | $700 | -17.6% | -- |
| 04/07/2012 04/07/12 | Rented | $850 | 0.0% | -- |
| 04/07/2012 04/07/12 | For Rent | $850 | -- | -- |
Source: MLS of Southern Arizona
MLS Number: 22520023
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