$275,000
Tucson, AZ 85714
MLS# 22606644
1293 sqft
1 / 3
Property Description
Property ranged priced from $275,000- $285,000. Income producing duplex generating $2,200/month ($26,400/annually) in gross rental income. 6.98% CAP rate & 10.4 GRM. Both units currently occupied! Featuring two units: 1 bedroom, 1 bath ($1,000/month) and a 2 bedroom, 1 bath ($1,200/month). Property includes washer and dryer hookups. Area known for strong rental market and increasing rent prices!
Details
Maps
Documents
Address Information
Street #: 231
Direction: W
Street Name: Illinois
Suffix: Street
State/Province: AZ
Zip Code: 85714
County: Pima
Country: USA
Location Tax Legal
Tax Code: 120-08-1980
Area: South
Subdivision: National City NO. 4
Contract Information
Current Price: $275,000
List Price: $275,000
Listing Date: 2026-03-12
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 126x60
Lot Acres: 0.17
Lot Sqft: 7492
Lot Size Source: Assessor
Combined SqFt: 1293
Year Built: 1946
Total Parking: 2
School District: TUSD
Elementary School: Hollinger
Middle School: Utterback-Magnet
High School: Pueblo
Horse Property: No
Horse Facilities: No
List Price/SqFt: 212.68
Lot Size Price/SqFt: 36.71
Remarks Misc
Geo Lat: 32.168419
Geo Lon: -110.972767
Showing Information
Directions: Head east on W Ajo Way towards S 6th Ave, turn right onto S 6th Ave, turn right onto W Illinois St, turn left onto S 7th St, turn right onto W Illinois St
Unit Info
# of Units/1 BR: 1
# of Units/2 BR: 1
Unit 1 Information
Monthly Rent: 1200
# Beds: 2
# Full Baths: 1
SqFt: 776
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1000
# Beds: 1
# Full Baths: 1
SqFt: 517
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 8.07
Gross Rent Multi: 10.96
Vacancy Rate %: 5
Exp/SqFt: 2.24
Exp % of Gross: 11.56
Income
Gross Scheduled Rent: 26400
Vacancy Loss: 1320
Adjusted Gross: 25080
Total Expenses: 2898.85
Net Opp Income: 22181.15
Expenses
Insurance: 2136
Taxes/Assessments: 762.85
Figures Presented: Proforma
Kitchen Features
Oven: 2
Laundry
Other: Hookups on 2 bed
Interior Features
Interior Steps: No
Main Cooling
Other: mini split system
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Tenant
Sewer: Tenant
Taxes: Tenant
Trash: Tenant
Water: Tenant
Driveway
Paved: Gravel
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Home Protection
Offered: No
Property Features
Construction: Masonry Stucco
Style: Bungalow
Roof: Shingle
Living Areas: Family Room
Dining Areas: Breakfast Nook; Eat-In Kitchen
Dining Room: Area
Breakfast: Area
Kitchen Features: Gas Range; Disposal
Bathroom Features: None
Extra Room: None
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air
Main Heating: Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Decorative Gravel
Landscape - Rear: Decorative Gravel
View: None
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: Paved Street
Terms: Cash; Conventional
Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Lead Paint Discl 
Listing Office: Indie Realty, LLC
Last Updated: March - 12 - 2026
Warning: Undefined array key "CompensationDisclaimer" in /srv/users/ems/apps/ems-website/public/wp-content/plugins/flexmls-idx/pages/listing-details.php on line 711
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.