$599,550
Tucson, AZ 85705
MLS# 22523775
2928 sqft
1 / 18
Property Description
A tucked away 4-plex, these units are housed in 2 separate buildings with each unit being 2 bedroom, 1 bath, 732 sq/ft. There is plenty of parking and each unit has a fenced yard. 3 of the units have ceramic tile flooring and 1 is linoleum. 3 of the units come with a washer and there are hookups for dryers. All the units are on one meter, each unit pays a flat fee for water and trash on top of their monthly rent. Currently, these are professionally managed and have been easy to rent with year to year contracts, some of them have been long term. All reasonable offers will be looked at and Seller will contribute up to 2% in closing costs or rate buy down with acceptable offer! This sale will be part of a 1031 exchange.
Details
Maps
Address Information
Street #: 2812
Direction: N
Street Name: Fontana
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107-12-291F
Area: Central
Subdivision: Coronado Heights
Contract Information
Current Price: $599,550
List Price: $599,550
Listing Date: 2025-09-11
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 102 x 120 x 100 x 120
Lot Acres: 0.27
Lot Sqft: 11979
Lot Size Source: Assessor
Combined SqFt: 2928
Year Built: 1981
Total Parking: 8
School District: Amphitheater
Elementary School: Keeling
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 204.76
Lot Size Price/SqFt: 50.05
Remarks Misc
Geo Lat: 32.258224
Geo Lon: -110.966792
Showing Information
Directions: West on Glenn St to Fontana Ave, North to address. Please note, the driveway to property goes between two duplexes.
Unit Info
# of Units/2 BR: 4
Unit 1 Information
Monthly Rent: 1025
# Beds: 2
# Full Baths: 1
SqFt: 732
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 975
# Beds: 2
# Full Baths: 1
SqFt: 732
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 1049
# Beds: 2
# Full Baths: 1
SqFt: 732
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 1025
# Beds: 2
# Full Baths: 1
SqFt: 732
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 3.61
Gross Rent Multi: 13.24
Vacancy Rate %: 0.03
Exp/SqFt: 8.09
Exp % of Gross: 52.27
Income
Gross Scheduled Rent: 45212.99
Vacancy Loss: 14
Other Income: 100
Adjusted Gross: 45298.99
Total Expenses: 23676.26
Net Opp Income: 21622.73
Expenses
Insurance: 2724.19
Maintenance Supplies: 13716
Management: 3617.03
Taxes/Assessments: 2419.04
Water/Sewer: 1200
Figures Presented: Actual
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Tenant
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Built-Up - Reflect
Living Areas: Family Room
Dining Areas: Eat-In Kitchen
Dining Room: None
Breakfast: None
Kitchen Features: Electric Range; Disposal; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: In Kitchen; Outside
Extra Room: None
Interior Features: Smoke Detector; Storage
Floor Covering: Ceramic Tile; Vinyl
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Central Air
Main Heating: Heat Pump
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: None
Landscape - Rear: Graded; Trees
View: None
Road Type: Dirt
Road Maintenance: None
Driveway: None
RV Parking: Space Available
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: None
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: None
Listing Office: Tierra Antigua Realty
Last Updated: January - 12 - 2026
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