616 E 8th St Tucson, AZ 85705
Iron Horse NeighborhoodEstimated payment $2,300/month
Highlights
- 0.35 Acre Lot
- Central Air
- Heating Available
- Brick or Stone Mason
- Ceiling Fan
About This Home
Recently updated, spacious duplex located in the highly desirable Iron Horse Historic District. Set on a large R-3 zoned lot with strong potential for future additions. Features include new wooden flooring, refreshed masonry and stucco, detailed interior and exterior paint. Fully updated landscaping, and new stainless steel kitchen appliances along with a new water heater. Prime location: 5-minute walk to the University of Arizona. 2-minute walk to 4th avenue, and 5 minutes to downtown Tucson. Consistently 100% occupied year-round with strong rental and Airbnb demand. Please do not disturb the tenant.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,787
Year Built
- Built in 1920
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Brick or Stone Mason
- Rolled or Hot Mop Roof
Interior Spaces
- 1,344 Sq Ft Home
- Ceiling Fan
- Gas Range
Schools
- Roskruge Elementary School
- Mansfeld Middle School
- Tucson High School
Utilities
- Central Air
- Heating Available
Additional Features
- North or South Exposure
- 0.35 Acre Lot
- Ground Level
Listing and Financial Details
- $61,805 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $300
- Insurance Expense $200
- Water Sewer Expense $125
- Operating Expense $625
- Gross Income $26,640
- Net Operating Income $26,015
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 | $2,787 | $24,941 | -- | -- |
2024 | $2,787 | $23,753 | -- | -- |
2023 | $2,246 | $22,622 | $0 | $0 |
2022 | $2,246 | $16,123 | $0 | $0 |
2021 | $2,233 | $14,624 | $0 | $0 |
2020 | $2,165 | $22,387 | $0 | $0 |
2019 | $2,136 | $19,865 | $0 | $0 |
2018 | $2,089 | $12,633 | $0 | $0 |
2017 | $2,078 | $12,633 | $0 | $0 |
2016 | $2,024 | $12,031 | $0 | $0 |
2015 | $1,964 | $11,458 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/20/2025 08/20/25 | Price Changed | $390,000 | 0.0% | $290 / Sq Ft |
06/12/2025 06/12/25 | Off Market | $1,170 | -- | -- |
05/15/2025 05/15/25 | For Rent | $1,170 | 0.0% | -- |
05/10/2025 05/10/25 | For Sale | $400,000 | +56.9% | $298 / Sq Ft |
05/12/2021 05/12/21 | Sold | $255,000 | 0.0% | $190 / Sq Ft |
04/12/2021 04/12/21 | Pending | -- | -- | -- |
03/12/2021 03/12/21 | For Sale | $255,000 | 0.0% | $190 / Sq Ft |
06/04/2014 06/04/14 | Rented | $550 | 0.0% | -- |
06/04/2014 06/04/14 | For Rent | $550 | +2.8% | -- |
05/15/2013 05/15/13 | Rented | $535 | 0.0% | -- |
04/15/2013 04/15/13 | Under Contract | -- | -- | -- |
02/25/2013 02/25/13 | For Rent | $535 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $255,000 | Signature Ttl Agcy Of Az Llc | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Cash Sale Deed | $190,000 | -- | |
Joint Tenancy Deed | $40,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $191,250 | New Conventional |
Source: MLS of Southern Arizona
MLS Number: 22513303

APN: 117-06-0090
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