$630,000
Tucson, AZ 85705
MLS# 22526081
2583 sqft
1 / 41
Property Description
Fantastic investment opportunity! This multi-family 4-plex is ideally situated on a corner lot and offers a mix of well-designed units! One unit with 2-bedroom, 2-bath; another with 1-bedroom, 1-bath with a loft; and two more units with 1-bedroom, 1-bath. Each unit features spacious living areas and equipped eat-in kitchens, providing comfort and functionality for tenants. The property includes six parking spaces within a fenced and gated parking area, ensuring convenience and security. A shared backyard area offers additional outdoor space for relaxation or entertaining. With its versatile layout and desirable features, this 4-plex presents excellent potential for steady rental income and long-term value. Seize this opportunity!
Details
Maps
Address Information
Street #: 3251
Direction: N
Street Name: Stone
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 106-03-0680
Area: Central
Subdivision: Sawtelle Place
Contract Information
Current Price: $630,000
List Price: $630,000
Listing Date: 2025-09-22
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 142' X 66'
Lot Acres: 0.2
Lot Sqft: 8886
Lot Size Source: Assessor
Combined SqFt: 2583
Year Built: 1978
Total Parking: 6
School District: Amphitheater
Elementary School: Prince
Middle School: La Cima
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 243.9
Lot Size Price/SqFt: 70.9
Remarks Misc
Geo Lat: 32.266033
Geo Lon: -110.972426
Showing Information
Directions: Fort Lowell Rd & Oracle Rd/ Head east on W Fort Lowell Rd, Turn left onto N Stone Ave. Property will be on the left.
Unit Info
# of Units/1 BR: 2
# of Units/2 BR: 1
# of Units/Other: 1
Unit 1 Information
Monthly Rent: 1450
# Beds: 2
# Full Baths: 2
SqFt: 650
Occupancy: No
Stories: Two
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 1025
# Beds: 1
# Full Baths: 1
SqFt: 495
Occupancy: No
Stories: Two
Floor: 1st
Furnished: No
Parking: Carport
Unit 3 Information
Monthly Rent: 975
# Beds: 1
# Full Baths: 1
SqFt: 645
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 4 Information
Monthly Rent: 850
# Beds: 1
# Full Baths: 1
SqFt: 475
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Analysis
Cap Rate %: 6.33
Gross Rent Multi: 12.19
Exp/SqFt: 4.58
Exp % of Gross: 22.89
Income
Gross Scheduled Rent: 51600
Vacancy Loss: 1
Other Income: 80
Adjusted Gross: 51679
Total Expenses: 11829.71
Net Opp Income: 39849.29
Expenses
Admin Expenses: 400
Capital Expenses: 500
Insurance: 4659.49
Maintenance Supplies: 300
Taxes/Assessments: 2050.22
Water/Sewer: 3120
Other Expenses: 800
Figures Presented: Actual
Window Covering
Other: blinds
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Tenant
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Driveway
Paved: Concrete
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: No
Property Features
Construction: Wood Frame; Stucco Finish
Style: Santa Fe
Roof: Built-Up
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: None
Kitchen Features: Disposal
Bathroom Features: Shower & Tub/Primary
Laundry: Facility
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Carpet; Ceramic Tile
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air
Main Heating: Forced Air
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Window Bars
Pool: None
Spa: None
Fence: Block
Landscape - Front: None
Landscape - Rear: None
View: Residential
Road Type: Paved
RV Parking: RV Gate
Exterior Feature: None
Lot Features: Corner Lot; East/West Exposure
Neighborhood Features: Sidewalks
Assoc Amenities: Spa/Hot Tub
Terms: Cash; Conventional
Submit With Offer: Earnest Check; Loan Pre-Qualifiaction
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Listing Office: Perk Prop
Last Updated: February - 23 - 2026
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