$700,000
Tucson, AZ 85712
MLS# 21921320
Status: Closed
5996 sqft
1 / 14
Property Description
Eight 2 bedroom units, mostly remodeled with a Beautiful Court yard in the front, laundry room with leased equipment, each unit has a back yard, gated and very secure. Centrally located with access to bus, shopping, schools and parks
Details
Maps
Address Information
Street #: 2665-2679
Direction: N
Street Name: Alvernon
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 111-08-1870
Area: Central
Contract Information
Current Price: $700,000
Sold Price: $700,000
Listing Date: 2019-08-15
Status: Closed
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2019-08-26
Pending Date: 2019-09-18
Sold Date: 2019-09-20
Sold Price: $700,000
Sold Price/SqFt: 116.74
Lot Sz Sold Prc/SqFt: 28.75
Financing: Cash
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 8
Total Parking: 14
Multi-Tenant: Yes
Year Built: 1979
Lot Dimensions: 163.75 x 148.7
Lot Acres: 0.56
Lot Sqft: 24349
Lot Size Source: Assessor
Combined SqFt: 5996
Source of SqFt: Assessor
List Price/SqFt: 120.08
Lot Size Price/SqFt: 29.57
Remarks Misc
Geo Lat: 32.255801
Geo Lon: -110.910158
Showing Information
Directions: North on Alvernon past Grant to address
Income
Gross Scheduled Rent: 72000
Net Opp Income: 58641
Analysis
Cap Rate %: 8.14
Gross Rent Multi: 10.61
Vacancy Rate %: 5
Expenses
Gas/Electric: 500
Insurance: 2000
Taxes/Assessments: 4859
Water/Sewer: 6000
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/2 BR: 8
Electric
Electric Company: Tucson Electric Powe
Sold Info
Seller Paid Repairs: 12000
Property Features
Property Features: Smoke Detector
Construction: Brick
Roof: Shingle
Fenced Storage: No
Main Cooling: Central Air
Main Heating: Heat Pump
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Fence: Block; Chain Link
Landscape - Front: Desert Plantings; Low Care; Natural Desert; Sprinkler/Drip
Landscape - Rear: None
Road Type: Paved
Parking: Common
Lot Features: Adjacent to Alley
Terms: Cash; Conventional
Possession: 30 Day Tenant
Submit With Offer: Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction
Property Disclosures: Deed Restrictions; Easements; Military Airport Vct; Public Airport Vcty
Special Conditions: None
Listing Office: ESM Properties, LLC
Last Updated: August - 06 - 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 2026 MLS of Southern Arizona. All Rights Reserved.