$504,900
Tucson, AZ 85705
MLS# 22610454
2973 sqft
1 / 24
Property Description
Endless Possibilities Await! This rare Tucson property features three income-producing units on one lot--a single-family home with 3 bedrooms plus an adjacent duplex. The duplex includes one single-level unit and a distinctive 2-story unit with a loft, offering versatility and strong rental appeal. All units are tenant-occupied, providing immediate cash flow for the new owner. Ideally located near the University of Arizona and vibrant downtown Tucson, this property attracts consistent demand from students and professionals alike. Whether you're expanding your portfolio or securing your first multi-unit investment, this property delivers the perfect blend of location, stability, and long-term potential. Your next chapter starts here!
Details
Maps
Address Information
Street #: 2813-2815
Direction: N
Street Name: Castro
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107-12-205A
Area: Central
Subdivision: Coronado Heights
Contract Information
Current Price: $504,900
List Price: $504,900
Listing Date: 2026-04-22
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 60' x 196' x 60' x 197'
Lot Acres: 0.25
Lot Sqft: 10977
Lot Size Source: Assessor
Combined SqFt: 2973
Year Built: 1964
Total Parking: 3
School District: Amphitheater
Elementary School: Nash
Middle School: La Cima
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 169.83
Lot Size Price/SqFt: 46
Remarks Misc
Geo Lat: 32.258076
Geo Lon: -110.97491
Showing Information
Directions: From Glenn & Stone west, north on Castro.
Unit Info
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 600
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 800
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 900
Unit 1 Information
Monthly Rent: 900
# Beds: 3
# Full Baths: 1
SqFt: 1093
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 950
# Beds: 2
# Full Baths: 1
SqFt: 880
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 850
# Beds: 1
# Full Baths: 1
SqFt: 900
Occupancy: Yes
Stories: Single
Furnished: No
Parking: Carport
Analysis
Cap Rate %: 1.7
Gross Rent Multi: 27.94
Vacancy Rate %: 2
Exp/SqFt: 3.19
Exp % of Gross: 52.47
Income
Gross Scheduled Rent: 18439
Vacancy Loss: 368.78
Adjusted Gross: 18070.22
Total Expenses: 9481.22
Net Opp Income: 8589
Expenses
Admin Expenses: 750
Contract Services: 500
Insurance: 2500
Maintenance Supplies: 500
Management: 1500
Taxes/Assessments: 2231.22
Water/Sewer: 1500
Figures Presented: Proforma
Kitchen Features
Pantry: Closet
Interior Features
Interior Steps: Yes
Electric
Electric Company: TEP
Water
Other: City
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Tenant
Pool/Spa Maintenance: Tenant
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Driveway
Paved: Asphalt
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Concrete Block; Frame - Stucco; Slump Block
Style: Bungalow; Contemporary
Roof: Built-Up - Reflect
Living Areas: Living Room
Dining Areas: Breakfast Bar; Breakfast Nook
Dining Room: Area; Formal
Breakfast: Area; Eat-In; Room
Kitchen Features: Breakfast Nook; Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Dual Sinks/Primary; Shower & Tub/Primary; Shower Only/Primary; Garden Tub
Laundry: Laundry Room
Extra Room: None
Interior Features: Ceiling Fan(s); Skylights; Smoke Detector; Walk-In Closet(s)
Floor Covering: Carpet; Ceramic Tile; Vinyl
Window Covering: Some
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Central Air; Wall Unit(s)
Main Heating: Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Accessibility Option: None
Security: Window Bars
Green Features: Bath Exhaust Out
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: None
Landscape - Rear: Low Care
View: None
Road Type: Dirt; Gravel
Road Maintenance: Owner Maintenance
Exterior Feature: None
Lot Features: North/South Exposure; Subdivided
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional; FHA Loan; Submit; VA Loan
Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Unknown
Special Conditions: None
Listing Office: Long Realty
Last Updated: April - 27 - 2026
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