$820,000
Tucson, AZ 85716
MLS# 22606104
2392 sqft
1 / 32
Property Description
AMAZING investment opportunity. Perfect for owner occupant. Two pride of ownership mid-century duplexes in a wonderful area consisting mostly of single family homes. Located approx. 1 mile from the U of A and Bannner-University Medical Center. Spacious Mid-Century 2 BR units with 1196 sqft living area each. Most units have updated kitchens, updated bathrooms, tile floors, washer and dryers. Large walled front court yard. Large walled north facing rear yards with covered patios. Secure gated entry for tenants with covered parking, concrete driveway and ample parking. Roof to be serviced by Hallmark with 2 year warranty. Expenses are actual (average over last 2 years). The new entry gate (cost $11,215) was not included in average. Tenants pay gas and electric . Owner pays the water.
Details
Maps
Documents
Address Information
Street #: 3201
Direction: E
Street Name: Fairmount
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 122-17-3360
Area: Central
Subdivision: Jones Addition
Contract Information
Current Price: $820,000
List Price: $820,000
Listing Date: 2026-03-06
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 150 X 133 +/-
Lot Acres: 0.23
Lot Sqft: 10106
Lot Size Source: Assessor
Combined SqFt: 2392
Year Built: 1958
Total Parking: 8
School District: TUSD
Elementary School: Blenman
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 342.81
Lot Size Price/SqFt: 81.14
Remarks Misc
Geo Lat: 32.239989
Geo Lon: -110.924438
Showing Information
Directions: N on Country Club from Speedway, E on Fairmount 1 BLK to NE corner of Fairmount and Camilla.
Unit Info
# of Units/2 BR: 4
Avg Mo Rent/2 BR: 1425
Unit 1 Information
Monthly Rent: 1425
# Beds: 2
# Full Baths: 1
SqFt: 1196
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 1425
# Beds: 2
# Full Baths: 1
SqFt: 1196
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Garage
Unit 3 Information
Monthly Rent: 1425
# Beds: 2
# Full Baths: 1
SqFt: 1196
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 4 Information
Monthly Rent: 1425
# Beds: 2
# Full Baths: 1
SqFt: 1196
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Analysis
Cap Rate %: 6.25
Gross Rent Multi: 12.35
Vacancy Rate %: 2.92
Exp/SqFt: 6.32
Exp % of Gross: 22.78
Income
Gross Scheduled Rent: 68400
Vacancy Loss: 2000
Adjusted Gross: 66400
Total Expenses: 15127
Net Opp Income: 51273
Expenses
Capital Expenses: 963
Contract Services: 1000
Insurance: 2328
Maintenance Supplies: 4283
Taxes/Assessments: 4257
Water/Sewer: 2296
Figures Presented: Actual
Roof
Other: 2 year warranty
Kitchen Features
Pantry: Cabinet
Countertops: Tile
Bathroom Features
Countertops/Primary: Granite/Corian
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Security
Other: Security Door
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Landscape - Rear
Other: Brick pavers
Driveway
Paved: Concrete
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Submit With Offer
Digital Signatures: Yes
Seller Title Company: Agave Title
Home Protection
Offered: No
Property Features
Construction: Brick
Style: Ranch
Roof: Built-Up
Living Areas: Living Room
Dining Areas: Breakfast Bar; Formal Dining Room
Dining Room: Area
Breakfast: Area
Kitchen Features: Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Dual Sinks/Primary; Shower & Tub/Primary
Laundry: Laundry Closet; Dryer Included; Washer Included
Extra Room: Storage
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Pool: None
Spa: None
Fence: Block
Landscape - Front: Decorative Gravel; Shrubs; Trees
Landscape - Rear: Shrubs; Trees
View: Mountain(s)
Road Type: Paved
RV Parking: Space Available
Exterior Feature: Courtyard
Lot Features: Corner Lot; North/South Exposure; Subdivided
Neighborhood Features: None
Terms: Cash; Conventional
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Military Airport Vct; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
SPDS 
Listing Office: Long Realty
Last Updated: March - 07 - 2026
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