$555,720
SOLD SEP 16, 2025
-- Bed
-- Bath
2,598 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

101 Days on Market

Highlights

  • Solar Power System
  • Secondary bathroom tub or shower combo
  • Furnished
  • Mountain View
  • Mediterranean Architecture
  • Great Room

About This Home

As of September 2025

Seize an exceptional investment opportunity with this meticulously maintained 4-Plex, a true gem for both long-term and short-term rental strategies! This property features an ideal mix of units: two spacious 2-bedroom/1-bath and two comfortable 1-bedroom/1-bath apartments.

Three of these units have been successfully operating as Airbnbs for years, offering immediate income potential. Each unit boasts air conditioning for tenant comfort. You'll find significant upgrades throughout, with three units fully renovated to include brand-new kitchens and baths. Additional enhancements include new dual-pane windows in two units and solar panels on one unit for energy efficiency.

This 4-Plex is a truly turnkey asset, perfect for investors seeking a high-performing addition to their portfolio

Last Agent to Sell the Property

Melody Stevens

Arizona Sunshine Realty License #BR565566000 Listed on: 06/06/2025

Last Buyer's Agent

Gabriela Seward

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 83 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Desert faces the front of the property
  • Shrub
  • Landscaped with Trees

Home Design

  • Mediterranean Architecture
  • Quadruplex
  • Turnkey
  • Frame With Stucco
  • Frame Construction
  • Built-Up Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2,598 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Storage
  • Laundry in Kitchen
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • Bathtub and Shower Combination in Primary Bathroom
  • Secondary bathroom tub or shower combo

Home Security

  • Closed Circuit Camera
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Schools

  • Keeling Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available
  • Tankless Water Heater
  • High Speed Internet

Additional Features

  • Solar Power System
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,145 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Fuel Expense $4,327
  • Insurance Expense $2,161
  • Maintenance Expense $3,600
  • Other Expense $864
  • Water Sewer Expense $2,880
  • New Taxes Expense $2,145
  • Operating Expense $29,338
  • Gross Income $91,090
  • Net Operating Income $61,752

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

83 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Unit Info Average Monthly Rent One Bedroom: 900.0
  • Unit Info Average Monthly Rent Two Bedroom: 1100.0
  • Horses: No
  • Lot Size: 55x120
  • Road Surface Type: Paved
  • CapRate: 11.11
  • Supplies Expense: 3600.0
  • Co List Office Mls Id: 4935
  • Subdivision Name: Coronado Villas (1-9)
  • General Property Information: List Price/SqFt: 213.9
  • General Property Information: Lot Size Price/SqFt: 83.38
  • Special Features: None

Interior Features

  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Formica
  • Kitchen Features Pantry: Cabinet
  • Interior Steps: No
  • Appliances: Disposal, Tankless Water Heater, Electric Range, Dishwasher, Refrigerator
  • Window Features: Double Pane Windows

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up - Reflect
  • View: Mountain(s)
  • Construction Type: Frame - Stucco
  • Patio And Porch Features: Covered

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: In Kitchen
  • Cooling: Ceiling Fan(s), Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Admin Expenses: 1940.0
  • Expenses Capital Expenses: 2885.0
  • Expenses Contract Services: 8536.0
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 4327.0
  • Expenses Maintenance Supplies: 3600.0
  • Expenses Other Expenses: 864.0
  • Expenses Taxes Assessments: 2145.0
  • Annual Water Sewer Expense: 2880.0

Schools

  • Junior High Dist: Amphitheater
  • Middle Or Junior School: Amphitheater

Lot Info

  • Lot Features: Subdivided, Graded, Shrubs
  • Lot Size Sq Ft: 83.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1984

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 2145.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 91090.0
  • Insurance Expense: 2161.0
  • Property Net Operating Income: 61752.0
  • Annual Operating Expense: 29338.0

MLS Schools

  • Elementary School: Keeling
  • High School: Amphitheater
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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 Prior Sale
09/16/2025 09/16/25 Sold $555,720 0.0% $214 / Sq Ft
09/15/2025 09/15/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $555,720 +278.0% $214 / Sq Ft
04/13/2016 04/13/16 Sold $147,000 0.0% $57 / Sq Ft View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $147,000 -- $57 / Sq Ft
Source: MLS of Southern Arizona

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Map

Source: MLS of Southern Arizona

MLS Number: 22514682

MLS of Southern Arizona
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