$337,500
Tucson, AZ 85716
MLS# 22608134
1700 sqft
1 / 28
Property Description
Centrally located income property with incredible flexibility and investment potential. This versatile setup features a spacious 2 bedroom, 2 bathroom main home approximately 1,300 square feet and a detached studio-style guest house approximately 400 square feet complete with a full kitchen and bathroom. Ideal for short term rental, long term rental, multigenerational living, or an owner occupant looking to offset their mortgage with additional income. The property offers strong income potential and separate living spaces that provide privacy and flexibility for tenants or guests. Located in a desirable central Tucson area near shopping, dining, and major transportation routes, this is a rare opportunity to own an income producing property in a high demand location.
Details
Maps
Documents
Address Information
Street #: 2841
Direction: N
Street Name: Richey
Suffix: Boulevard
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 111-06-0970
Area: Central
Subdivision: Lincoln Park Subd.
Contract Information
Current Price: $337,500
List Price: $337,500
Listing Date: 2026-03-27
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Duplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.17
Lot Sqft: 7200
Lot Size Source: Assessor
Combined SqFt: 1700
Year Built: 1974
Total Parking: 4
School District: TUSD
Elementary School: Davidson
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 198.53
Lot Size Price/SqFt: 46.88
Remarks Misc
Geo Lat: 32.258941
Geo Lon: -110.916534
Showing Information
Directions: Exit 256 to W Grant from I-10 West, Turn left onto N Country Club, Turn right onto E Glenn, turn left onto N Richey Blvd, house is on the left.
Unit 1 Information
Monthly Rent: 1800
# Beds: 2
# Full Baths: 2
SqFt: 1300
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Turnkey
Parking: On Property
Unit 2 Information
Monthly Rent: 1155
# Full Baths: 1
SqFt: 400
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 7.99
Gross Rent Multi: 10.02
Vacancy Rate %: 5
Exp/SqFt: 3.95
Exp % of Gross: 19.93
Income
Gross Scheduled Rent: 35460
Vacancy Loss: 1773
Adjusted Gross: 33687
Total Expenses: 6713
Net Opp Income: 26974
Expenses
Insurance: 1800
Maintenance Supplies: 3000
Taxes/Assessments: 1913
Figures Presented: Proforma
Kitchen Features
Countertops: Granite
Microwave: 1
Oven: Gas
Bathroom Features
Countertops/Primary: Granite
Countertops/Hall: Granite
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Gravel
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Built-Up; Shingle
Living Areas: Great Room; Off Kitchen
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Area
Kitchen Features: Breakfast Bar; Double Sink; Gas Range; Dishwasher
Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall
Laundry: Laundry Room
Extra Room: Office
Interior Features: Beamed Ceilings; Ceiling Fan(s); Vaulted Ceiling(s)
Floor Covering: Carpet; Ceramic Tile
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Cable TV; Telephone
Main Cooling: Ceiling Fan(s); Wall Unit(s)
Main Heating: Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Block; Wood
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Residential
Road Type: Paved
RV Parking: Space Available
Exterior Feature: Courtyard
Lot Features: East/West Exposure
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Supplements
Whether you are looking to invest, house hack, or expand your portfolio, this property offers the versatility and location to make it a smart addition.
Seller Disclosure 
Listing Office: Realty Executives Arizona Territory
Last Updated: March - 28 - 2026
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