$390,000

Estimated payment $2,300/month

Total Views 858
-- Bed
-- Bath
1,344 Sq Ft
$290 Price per Sq Ft

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.

Listing Agent

Daniel Martell

Tierra Antigua Realty Listed on: 09/21/2025

Tierra Antigua Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,787

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Horses: No
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • CapRate: 6.5
  • Co List Office Mls Id: 286607
  • Subdivision Name: N/A
  • Special Features: None

Interior Features

  • Interior Steps: No
  • Appliances: Gas Range

Exterior Features

  • ExteriorFeatures: None
  • Roof: Rolled
  • View: None
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: None
  • Cooling: Ceiling Fan(s), Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 300.0
  • Annual Water Sewer Expense: 125.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Mansfeld

Lot Info

  • Lot Features: North/South Exposure, Decorative Gravel
  • Lot Size Sq Ft: 25.0
  • Zoning: Pima County - R3

Building Info

  • Year Built: 1920

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2024
  • Tax Other Annual Assessment Amount: 61805.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26640.0
  • Insurance Expense: 200.0
  • Property Net Operating Income: 26015.0
  • Annual Operating Expense: 625.0

MLS Schools

  • Elementary School: Roskruge
  • High School: Tucson

Map

Range of Values:

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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 $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
Source: Public Records

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 -- --
Source: MLS of Southern Arizona

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $191,250 New Conventional
Source: Public Records

Source: MLS of Southern Arizona

MLS Number: 22513303

MLS of Southern Arizona

APN: 117-06-0090