$350,000
Tucson, AZ 85705
MLS# 22130024
Status: Closed
2523 sqft
1 / 50
Property Description
This gated 4-Plex has plenty of privacy and security with two separate entry and parking areas. The south entrance serves the studios and the 1 bedroom unit; whereas the north entrance services the 3 bedroom unit, giving it separate access and yard space. The location is convenient to downtown, the University, shopping, eateries, and the bus line. The roof was recently serviced and vacancy rate for this year is 0%! Rent roll is available for review. Rents have been adjusted to offset/include utility costs. Please review photos, many of which were taken before tenant occupancy. Three bedroom unit has an enormous kitchen and dining area with mini-splits throughout.
Details
Maps
Documents
Address Information
Street #: 208
Direction: W
Street Name: Ventura
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 115-06-024D
Area: Central
Subdivision: Bronx Park Addition
Contract Information
Current Price: $350,000
Sold Price: $350,000
Listing Date: 2021-11-23
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2022-01-13
Pending Date: 2022-01-24
Sold Date: 2022-03-15
Sold Price: $350,000
Sold Price/SqFt: 138.72
Lot Sz Sold Prc/SqFt: 44.64
How Sold: Conventional
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 158;x49'x157'x50'
Lot Acres: 0.18
Lot Sqft: 7841
Lot Size Source: Assessor
Combined SqFt: 2523
Year Built: 1951
Total Parking: 6
School District: TUSD
Elementary School: Cragin
Middle School: Doolen
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 138.72
Lot Size Price/SqFt: 44.64
Remarks Misc
Geo Lat: 32.246246
Geo Lon: -110.975322
Showing Information
Directions: I-10/Grant-East on Grant, South on Oracle, East on Ventura
Unit Info
# of Units/Studios: 2
Avg Mo Rent/Studios: 685
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 700
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1000
Unit 1 Information
Monthly Rent: 675
# Full Baths: 1
SqFt: 487
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 700
# Beds: 1
# Full Baths: 1
SqFt: 487
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 700
# Full Baths: 1
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 1000
# Beds: 3
# Full Baths: 1
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 4.68
Gross Rent Multi: 9.49
Exp/SqFt: 8.13
Exp % of Gross: 55.58
Income
Gross Scheduled Rent: 36900
Adjusted Gross: 36900
Total Expenses: 20510
Net Opp Income: 16390
Expenses
Gas/Electric: 6285
Insurance: 1325
Management: 2350
Taxes/Assessments: 1850
Water/Sewer: 1875
Other Expenses: 6825
Figures Presented: Actual
Kitchen Features
Appliance Color: White
Interior Features
Interior Steps: No
Main Heating
Other: Portable Heater
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Submit With Offer
Seller Title Company: Fidelity Barbi Stewa
Home Protection
Offered: No
Sold Info
Seller Paid Repairs: 11675
Property Features
Construction: Concrete Block; Stucco Finish
Style: Ranch
Roof: Shingle
Living Areas: Great Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: Eat-In
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Shower Only/Hall
Laundry: None
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV; High Speed Internet
Main Cooling: Ceiling Fan(s); Central Air; Evaporative Cooling; Wall Unit(s)
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Closed Circuit Camera(s); Security Lights
Pool: None
Spa: None
Fence: Block
Landscape - Front: Decorative Gravel; Trees
Landscape - Rear: Decorative Gravel
View: None
Road Type: Paved
Driveway: None
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: Paved Street
Terms: Cash
Submit With Offer: Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Rent Rolls 
Listing Office: Tucson's TLC Realty
Last Updated: January - 12 - 2026
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