$270,000
Tucson, AZ 85714
MLS# 22031705
Status: Closed
1651 sqft
1 / 12
Property Description
4-units fully leased, completely turn-key $2550/mo in rents!!! The back property has 3-studios that have been updated in 2018 with polished concrete flooring, new mini-splits, windows, updated kitchens with granite countertops and updated baths. Back units gross $1725/mo. The front home is a 2-bed, rented for $820/mo. No carpet, low care in all units. Main home offers window AC units. Close to VA hospital, major bus routes and always leased. Owner pays utilities. Listing agent has copies of utilities. Professionally property managed, all tenants have been vetted with proper screening. This is a great find! $30,600 gross rents annually!!!
Details
Maps
Documents
Address Information
Street #: 13
Direction: W
Street Name: Palmdale
Suffix: Street
State/Province: AZ
Zip Code: 85714
County: Pima
Country: USA
Location Tax Legal
Tax Code: 120-07-2160
Area: South
Subdivision: National City 6
Contract Information
Current Price: $270,000
Sold Price: $270,000
Listing Date: 2020-12-28
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2021-04-21
Pending Date: 2021-05-06
Sold Date: 2021-06-28
Sold Price: $270,000
Sold Price/SqFt: 163.54
Lot Sz Sold Prc/SqFt: 38.74
How Sold: Conventional
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 49.5x139x49.5x139
Lot Acres: 0.16
Lot Sqft: 6970
Lot Size Source: Assessor
Combined SqFt: 1651
Year Built: 1947
Total Parking: 4
School District: TUSD
Elementary School: Hollinger
Middle School: Utterback-Magnet
High School: Pueblo
Horse Property: No
Horse Facilities: No
List Price/SqFt: 172.62
Lot Size Price/SqFt: 40.89
Remarks Misc
Geo Lat: 32.17474
Geo Lon: -110.968826
Showing Information
Directions: From South 6th, turn West on Palmdale
Unit Info
# of Units/Studios: 3
Avg Mo Rent/Studios: 600
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 825
Unit 1 Information
Monthly Rent: 825
# Beds: 2
# Full Baths: 1
SqFt: 650
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 600
# Full Baths: 1
SqFt: 350
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 600
# Full Baths: 1
SqFt: 350
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 525
# Full Baths: 1
SqFt: 350
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 0.78
Gross Rent Multi: 105.88
Exp/SqFt: 0.27
Exp % of Gross: 17.37
Income
Gross Scheduled Rent: 2550
Adjusted Gross: 2550
Total Expenses: 443
Net Opp Income: 2107
Expenses
Gas/Electric: 300
Water/Sewer: 143
Figures Presented: Actual
Kitchen Features
Countertops: granite
Main Cooling
Other: minisplits
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Owner
Gas: Owner
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: NONE
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Home Protection
Offered: No
Property Features
Construction: Masonry Stucco
Style: Bungalow
Roof: Built-Up; Shingle
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: None
Breakfast: None
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Shower Only/Primary; Pedestal Sink(s)
Laundry: Outside
Extra Room: None
Interior Features: Walk-In Closet(s)
Floor Covering: Concrete
Window Covering: None
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Wall Unit(s)
Main Heating: Wall Furnace
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: None
Landscape - Front: None
Landscape - Rear: None
View: None
Road Type: Dirt; Paved
Driveway: None
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: None
Terms: Cash; Conventional; Submit
Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Military Airport Vct; Unknown
Special Conditions: None
Lead Paint Discl 
Listing Office: Realty One Group Integrity
Last Updated: January - 12 - 2026
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