$362,000
Tucson, AZ 85712
MLS# 22520023
Status: Active Contingent
1984 sqft
1 / 23
Property Description
Significant Price Adjustment - Don't Miss Out! - This turn-key duplex located in a prime central location is a well-maintained, investor-ready property that is ideal for owner-occupants or those seeking reliable rental income. Each unit is 2bed / 2bath with spacious living areas. Major upgrades have recently been completed, including a NEW roof, NEW HVAC's, water heaters, freshly painted interior, NEW appliances in 4018 + more. Minimizing maintenance concerns & maximizing ROI. One unit includes a private, resurfaced gated pool with a brand-new pump, offering premium rental appeal or the option to share between units for added value. Located in a small, quiet & well-kept community, this property includes four parking spaces (two covered), storage & laundry hookups for each unit
Details
Maps
Documents
Address Information
Street #: 4018
Direction: E
Street Name: Fairmount
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 122-13-098F
Area: Central
Subdivision: Speedway Addition NO. 1
Contract Information
Current Price: $362,000
List Price: $362,000
Listing Date: 2025-07-31
Status: Active Contingent
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2026-01-19
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 60x150
Lot Acres: 0.21
Lot Sqft: 9017
Lot Size Source: Assessor
Combined SqFt: 1984
Year Built: 1971
Total Parking: 4
School District: TUSD
Elementary School: Wright
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 182.46
Lot Size Price/SqFt: 40.15
Remarks Misc
Geo Lat: 32.239099
Geo Lon: -110.906998
Showing Information
Directions: Speedway and Sycamore - N on Sycamore, Right on Fairmount, community is on the right, Property is in the far W side
Unit Info
# of Units/2 BR: 2
Unit 1 Information
Monthly Rent: 1450
# Beds: 2
# Full Baths: 1
# Half Baths: 1
SqFt: 1000
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1200
# Beds: 2
# Full Baths: 2
SqFt: 984
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 7.31
Gross Rent Multi: 11.38
Exp/SqFt: 2.69
Exp % of Gross: 16.81
Income
Gross Scheduled Rent: 31800
Adjusted Gross: 31800
Total Expenses: 5346
Net Opp Income: 26454
Expenses
Insurance: 1758
Taxes/Assessments: 1920
Water/Sewer: 1668
Figures Presented: Proforma
Kitchen Features
Appliance Color: Stainless
Oven: 1
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Pool/Spa Maintenance: Tenant
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Landscape - Rear
Other: astro turf
Driveway
Paved: Asphalt
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: No
Property Features
Construction: Slump Block
Style: Southwestern
Roof: Built-Up - Reflect
Living Areas: Living Room; Off Kitchen
Dining Areas: Breakfast Bar; Eat-In Kitchen
Dining Room: None
Breakfast: Bar
Kitchen Features: Breakfast Bar; Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Outside; Storage
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector; Storage
Floor Covering: Ceramic Tile
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Forced Air
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Window Bars
Pool: Community
Spa: None
Fence: Chain Link; Wood
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care
Landscape - Rear: Low Care
View: Residential; Mountain(s)
Road Type: Paved
Road Maintenance: Owner Maintenance
Exterior Feature: None
Lot Features: Cul-De-Sac; East/West Exposure
Neighborhood Features: Paved Street
Terms: Cash; Conventional; FHA Loan; Submit; VA Loan
Submit With Offer: Proof of Funds
Property Disclosures: Lead Based Paint
Special Conditions: None
Supplements
Sitting minutes from shopping, dining + major transportation routes and only 10 minutes from UofA, you'll benefit from strong rental demand.
Whether you're looking to expand your investment portfolio or house hack, this centrally located property is a smart and flexible opportunity in the heart of Tucson.
Lead Paint Discl 
Listing Office: HomeSmart Advantage Group
Last Updated: January - 19 - 2026
Warning: Undefined array key "CompensationDisclaimer" in /srv/users/ems/apps/ems-website/public/wp-content/plugins/flexmls-idx/pages/listing-details.php on line 711
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.