EMS Realty

Lisa A.Suarez, Designated Broker

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$560,000
3782 E Farr Place
Tucson, AZ 85716
MLS# 22020308
Status: Closed
2693 sqft
3782 E. Farr Pl.
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3782 E. Farr Pl. 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 Custom Tile Work Double Vanity 3782 E Farr Place, Tucson, AZ 85716 Indoor laundry & plenty of storage Attached to main house. Attached to main house. Stained Concrete, Metal Roof, Artificial Turf 3782 E Farr Place, Tucson, AZ 85716 High clearance carport can easily fit large SUVs and some RV's 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 Outdoor laundry available for Studio use 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716 Each unit is 1 bedroom/1 bath with private laundry 1 bed/1 bath unit (identical unit next door) 1 bed/1 bath unit (identical unit next door) 1 bed/1 bath unit (identical unit next door) 1 bed/1 bath unit (identical unit next door) 1 bed/1 bath unit (identical unit next door) 1 bed/1 bath unit (identical unit next door) 1 bed/1 bath unit (identical unit next door) Public 35 Steps away from Metal Arts Village Just a 1 minute walk to the Metal Arts Village with bars and shops 3782 E Farr Place, Tucson, AZ 85716 3782 E Farr Place, Tucson, AZ 85716

Property Description
Range Pricing. Seller will accept/counter offers b/w $550,000 & $565,000. This 4-Plex property is in immaculate condition & a true turn-key operation. The owner is occupying the front home & has been leasing the remaining units as a combo of Air B&B and long term tenants on a gross lease basis (furnished units including all utilities). Full Service lease has been good but lately owners found that Air B&B provides significantly higher returns. The owner has thought through all aspects of operations & each unit can be easily modified to be sub-metered, if desired. The property offers great security & is fully fenced with motorized access gate. High metal carports provide ample parking. MU zoning allows for some commercial applications if desired.

Details
Maps
Documents
Address Information
Street #: 3782
Direction: E
Street Name: Farr
Suffix: Place
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 111-04-1150
Area: Central
Subdivision: Lohrum Subdivision
Contract Information
Current Price: $560,000
Sold Price: $560,000
Listing Date: 2020-08-16
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2020-11-09
Pending Date: 2021-03-08
Sold Date: 2021-03-08
Sold Price: $560,000
Sold Price/SqFt: 207.95
Lot Sz Sold Prc/SqFt: 52.3
How Sold: FHA
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.25
Lot Sqft: 10707
Lot Size Source: Assessor
Combined SqFt: 2693
Year Built: 1952
Total Parking: 8
School District: TUSD
Elementary School: Davidson
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 204.23
Lot Size Price/SqFt: 51.37
Remarks Misc
Geo Lat: 32.266182
Geo Lon: -110.911664
Showing Information
Directions: From Ft. Lowell Rd., turn onto N Alvernon Way (heading North). Turn left onto E Farr Pl. Home is on the left.
Unit Info
# of Units/Studios: 1
Avg Mo Rent/Studios: 850
# of Units/1 BR: 2
Avg Mo Rent/1 BR: 1200
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 1500
Unit 1 Information
Monthly Rent: 1500
# Beds: 2
# Full Baths: 2
SqFt: 1159
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 1200
# Beds: 1
# Full Baths: 1
SqFt: 589
Occupancy: No
Stories: Single
Floor: 1st
Furnished: Yes
Parking: Carport
Unit 3 Information
Monthly Rent: 1200
# Beds: 1
# Full Baths: 1
SqFt: 589
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Yes
Parking: Carport
Unit 4 Information
Monthly Rent: 850
# Beds: 1
# Full Baths: 1
SqFt: 356
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Yes
Parking: Carport
Analysis
Cap Rate %: 6.96
Gross Rent Multi: 10.34
Vacancy Rate %: 5
Exp/SqFt: 5.64
Exp % of Gross: 28.07
Income
Gross Scheduled Rent: 57000
Vacancy Loss: 2850
Adjusted Gross: 54150
Total Expenses: 15200
Net Opp Income: 38950
Expenses
Gas/Electric: 3600
Insurance: 1200
Maintenance Supplies: 1500
Management: 5000
Taxes/Assessments: 2700
Water/Sewer: 1200
Figures Presented: Proforma
Kitchen Features
Appliance Color: Stainless
Countertops: Quartz & Granite
Bathroom Features
Countertops/Primary: Corian
Interior Features
Interior Steps: Yes
Floor Covering
Other: Laminate
Main Cooling
Other: Mini-Split In Casita
Electric
Electric Company: TEP
Security
Other: Security Doors
Utilities Paid
Cable TV: Owner
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Fence
Other: Metal Frame
Driveway
Paved: Gravel
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: No
Sold Info
Seller Concessions: 5511
Property Features
Construction: Brick; Frame - Stucco; Masonry Stucco
Style: Ranch
Roof: Metal; Shingle
Living Areas: Great Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: None
Kitchen Features: Double Sink; Gas Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Dual Sinks/Primary; Shower & Tub/Primary
Laundry: In Bathroom; Laundry Closet; Dryer Included; Washer Included
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector; Storage; Workshop
Floor Covering: Ceramic Tile; Concrete
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air; Heat Pump
Main Heating: Electric; Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Alarm Installed; Security Lights
Green Features: Bath Exhaust Out; Energy Star Appliance
Pool: None
Spa: None
Landscape - Front: Decorative Gravel
Landscape - Rear: Decorative Gravel; Low Care; Shrubs; Trees
View: Mountain(s)
Road Type: Paved
Road Maintenance: County
RV Parking: Space Available
Exterior Feature: Courtyard; Shed(s); Workshop
Lot Features: North/South Exposure; Subdivided
Neighborhood Features: Paved Street
Terms: Cash; Conventional
Submit With Offer: 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

Listing Office: Realty Executives Arizona Territory

Last Updated: March - 13 - 2026

3782 E Farr Place, Tucson, AZ 85716 - MLS# 22020308
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The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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